WalletHub analyzed 170 US cities to determine best housing market health
An analysis of 170 US cities has determined Seattle to be the best place to be a real estate agent in 2019.
The city takes top ranking based on 19 key indicators of a healthy housing market including sales per agent to annual median wage for real-estate agents to housing-market health index.
The WalletHub study ranks Salem, Oregon in second place with the rest of the top 5 in California: San Francisco third; Oakland, fourth and San Jose fifth.
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Best Places to Be a Real-Estate Agent |
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1 |
Seattle, WA |
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11 |
Santa Rosa, CA |
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2 |
Salem, OR |
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12 |
Vancouver, WA |
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3 |
San Francisco, CA |
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13 |
Fargo, ND |
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4 |
Oakland, CA |
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14 |
Sioux Falls, SD |
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5 |
San Jose, CA |
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15 |
Tempe, AZ |
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6 |
Denver, CO |
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16 |
Gilbert, AZ |
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7 |
Fremont, CA |
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17 |
Portland, OR |
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8 |
Boston, MA |
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18 |
Irvine, CA |
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9 |
Washington, DC |
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19 |
Tacoma, WA |
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10 |
Phoenix, AZ |
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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.
