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.
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