Skip to main content

The Best Market for Real Estate Agents Is…

Phil Hall
Apr 24, 2019
Photo credit: Getty Images/dibrova

Real estate agents on the prowl for financially lucrative opportunities will do best in Seattle, according to a new study released by WalletHub.
 
The new study analyzed more than 170 cities with 19 key indicators including sales per agent to annual median wage for real-estate agents to housing-market health index. Seattle topped the list, followed by Salem, Ore., San Francisco, Oakland, San Jose, Denver, Fremont, Calif., Boston, Washington, D.C., and Phoenix. At the bottom of the list, Brownsville, Texas, was named the worst market.
 
WalletHub reported that Modesto, Calif., had the most homes sold in the past year per real-estate agent, with 106.48, while Houston had the fewest at 7.25. San Francisco had the highest median house price at $927,400, and Detroit had the lowest at $42,800. New York City was home to the highest annual median wage for real-estate agents, $79,810, while Fort Smith, Ark., saw the lowest at $28,130. But New York City also had listings with the most days on the market at 160, while Oakland had the fewest at 41 days. And Memphis had the highest share of home flips, 12.76 percent, with Albuquerque, N.M., recording the lowest at 1.35 percent.

 
Published
Apr 24, 2019
Embrace Home Loans Hires Castiglioni As VP Of Market Growth

Former Wells Fargo exec also will manage growing national condo program

Industry News
Sep 23, 2021
Guaranteed Rate Opens New Branch In Southwestern Michigan

Guaranteed Rate expanded its presence in Southwester Michigan, after opening a new branch in St. Joseph

Industry News
Sep 22, 2021
Chinese Property Giant Evergrande Falters, Threatening U.S. Investors

On Monday, investors across three continents dumped their stocks, mainly out of fear that the world’s two largest governments — the United States and China — would undercut the beginnings of a global economic recovery. 

Industry News
Sep 22, 2021
Compass Mortgage Expands In Four Additional States

Compass Mortgage is now licensed in Virginia, Washington, North Carolina and South Carolina.

Industry News
Sep 22, 2021
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021
Offerpad Expands Into Kansas City, St. Louis

Tech-Enabled Platform For Real Estate Transactions Now In 20 Markets

Industry News
Sep 20, 2021