Which markets are offering the most favorable conditions for real estate professionals? Inman News recently analyzed total sales, median sales price, real estate licensee data, and REALTOR® membership counts in metro areas across the country for its latest report,"Top Markets for Real Estate Agents."
The report shows that not all real estate professionals are seeing shrinking sales and incomes. Seven out of the 10 markets on the list had median sales prices rise year-over-year in May 2011.
Here are the 5 market leaders that made the list for “Top Markets for Real Estate Agents.”
1. Seattle
Sales per REALTOR® (June 2010-May 2011): 5.1
Average total dollar volume in sales per REALTOR® (June 2010-May 2011): $1.54 million
Median sales price (May 2011): $290,000
2. Fort Worth-Arlington, Texas
Sales per REALTOR®: 8.3
Average total dollar volume in sales per REALTOR®: $1.17 million
Median sales price: $144,032
3. Denver-Aurora-Broomfield, Colo.
Sales per REALTOR®: 4.4
Average total dollar volume in sales per REALTOR®: $914,207
Median sales price: $216,000
4. Salt Lake City
Sales per REALTOR®: 3.5
Average total dollar volume in sales per REALTOR®: $725,483
Median sales price: $196,879
5. San Antonio-New Braunfels, Texas
Sales per REALTOR®: 4.3
Average total dollar volume in sales per REALTOR®: $675,833
Median sales price: $158,163
See what other cities made the list.
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