Some interesting home size related stats from the California Association of Realtors® (CAR):

  • The average new home size is more than 2,700 square feet (57% larger than homes built around 40 years ago);
  • 60.6% of Americans are looking to downsize and 32% of Americans would choose a house the same size as the one they’re currently in;
  • 46% of Millennials would like to add more space while only 26% of Baby Boomers would like to up-size; and
  • 53% of Americans earning more than $150,000 per year hope to downsize and conversely, 65% of Americans earning less than $150,000 per year would like a larger home.