GITNUX MARKETDATA REPORT 2024
Property Holding Duration Statistics
Property holding durations vary but typically range from 5 to 10 years for residential properties and 10 to 15 years for commercial properties.
In this post, we will explore property holding durations across various regions, providing insights into the average number of years homeowners stay in their properties. From the U.S. to the UK and Australia, we will examine statistics such as the average holding period in different cities and countries, shedding light on the trends in property ownership and tenure.
Statistic 1
"In the U.S., the average homeowner tends to move every 13 years."
Statistic 2
"The median number of years that homeowners stayed in their homes in the U.S. in 2020 was 13.3 years."
Statistic 3
"In the UK, homeowners are now staying in their property for an average of 21 years."
Statistic 4
"In Melbourne, Australia, the average property holding period was 11.0 years for houses, and 9.6 years for units in 2018."
Statistic 5
"People that own real estate investment properties in the United States usually hold them for approximately 9 years."
Statistic 6
"The average holding period for property in Manhattan is 7 years."
Statistic 7
"In Venice, Florida, the average homeowner tenure from 2014 to 2018 was 18 years."
Statistic 8
"In March 2020, Dallas homeowners stayed in their properties for an average of 22.53 years."
Statistic 9
"In India, the property holding period was 13 years for residential properties in 2017."
Statistic 10
"In Spain, the duration of home ownership increased from 7 years in 2013 to 10.2 years in 2018."
Statistic 11
"In China, the average property holding period is about 5 years in the first-tier cities."
Statistic 12
"In Sydney, the median length of home ownership was 11.4 years in 2018."
Statistic 13
"In Los Angeles, the average homeowner stays in their property for 9.91 years."