The average size of homes built last year hit 2,600 square feet, an all-time high that surpassed even the housing bubble years, when homes averaged around 2,400 square feet, according to the Census Bureau.
Meanwhile, extremely large houses -- 4,000 square feet and up -- have been making up a much larger slice of the new homes built.
Last year, these mega homes accounted for more than 9% of new homes. In 2005, they represented 6.6% of homes built.
Houses that are a little smaller but still verging on mansion territory, those between 3,000 and 4,000 square feet, made up 21.7% of new homes in 2013, up from 15.6% in 2005.
The average home has grown by almost 1,000 square feet from the early 80's to now. Wow thats a pretty big jump. Homes in the early 80's were on average around 1,700 Square Feet, compared to todays average of about 2,600 Square feet. We certainly will have less children sharing rooms, bigger media and family rooms, and many more home offices.
Jason Moon Real Estate Broker with ColdWell Banker Bain. Seattle, WA