The Best Markets for Real Estate Pros

The Best Markets for Real Estate Pros

To determine the best markets for real-estate agents, WalletHub compared more than 170 U.S. cities across 19 key indicators of a healthy housing market, ranging from sales per agent to annual median wage for real-estate agents to housing-market health index.

Best Places to Be a Real-Estate Agent
1 Seattle, WA 11 Santa Rosa, CA
2 Salem, OR 12 Vancouver, WA
3 San Francisco, CA 13 Fargo, ND
4 Oakland, CA 14 Sioux Falls, SD
5 San Jose, CA 15 Tempe, AZ
6 Denver, CO 16 Gilbert, AZ
7 Fremont, CA 17 Portland, OR
8 Boston, MA 18 Irvine, CA
9 Washington, DC 19 Tacoma, WA
10 Phoenix, AZ 20 Mesa, AZ

Best vs. Worst

  • Modesto, California, has the most homes sold in the past year per real-estate agent, 106.48, which is 14.7 times more than in Houston, the city with the fewest at 7.25.
  • San Francisco has the highest median house price, $927,400, which is 21.7 times higher than in Detroit, the city with the lowest at $42,800.
  • New York has the highest annual median wage for real-estate agents, $79,810, which is 2.8 times higher than in Fort Smith, Arkansas, the city with the lowest at $28,130.
  • Oakland, California, listings have the fewest days on the market, 41, which is 3.9 times fewer than listings in New York, the city with the most at 160.
  • Memphis, Tennessee, has the highest share of home flips, 12.76 percent, which is 9.5 times higher than in Albuquerque, New Mexico, the city with the lowest at 1.35 percent.

To view the full report and your city’s rank, please visit:
https://wallethub.com/edu/best-worst-cities-to-be-a-real-estate-agent/18713/

Leave a Comment
Avatar

After earning her bachelor’s degree in journalism at the University of Central Florida, Tracey set out in the real world at Florida Realtors in 1994 as a communication assistant, working her way up to editor in chief of Florida Realtor magazine. In 2004, she left the association to start her freelance writing and editing business. One of her first clients was REAL Trends, and she started working for the organization in 2005. In 2014, Tracey was promoted to editor in chief of publications for REAL Trends. She handles the writing and editing of all REAL Trends publications and marketing materials, including LORE Magazine, the REAL Trends newsletter and the blog. She is also the primary podcast interviewer where she conducts interviews with top real estate industry leaders and affiliated industry leaders. Tracey is married with two children.

 MARKET YOUR SUCCESS 

IN STYLE!

APPAREL
DRINKWARE
 SOCIAL TEMPLATES
VIEW PACKAGES
close-link
Show Buttons
Hide Buttons