how much do real estate agentsmake

Looking for accurate and up-to-date real estate market statistics in the US? Read on to discover the best sources and resources for obtaining valuable insights.


When it comes to real estate investments, having access to reliable market statistics is crucial. Whether you're a seasoned investor, a potential homebuyer, or just curious about the state of the housing market, it's essential to have the right information at your fingertips. In this article, we will explore the various platforms and sources where you can find real estate market stats specifically for the US.

Where to Get Real Estate Market Stats

  1. National Association of Realtors (NAR)

The NAR is a great starting point for anyone seeking comprehensive real estate market data in the US. As the largest trade association in the industry, they provide a wealth of information that covers national and regional statistics, including home sales, median prices, and inventory levels. Their website offers detailed reports, research papers, and interactive tools to help you analyze the market trends.

  1. Local Real Estate Associations

For more localized insights, consider checking your local real estate association's website. These associations often compile data specific to your region, offering market statistics tailored

Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand.

What part of the economy is real estate?

Accounting for nearly 17% of the GDP, real estate is clearly a major driver of the U.S. economy.

Does economics help with real estate?

Real estate economics is the practice of applying economic principles to the real estate market to determine trends, pricing, and other aspects of the market that require understanding. It is an important study of economics because it is a major source of wealth for many people and companies.

What is the economic outlook for real estate in 2023?

Tightening financial conditions and the deteriorating economic outlook will weigh on commercial real estate investment in H1 2023. However, should interest rates stabilize, conditions may be conducive for a healthy recovery in H2 2023. CBRE forecasts 2023 investment volume to decline by 15% from 2022 levels.

How do you study the market in real estate?

How to Conduct Real Estate Market Research
  1. Step 1: Narrow down a region/neighborhood.
  2. Step 2: Study Your Competition.
  3. Step 3: Observe Your Desired Neighborhoods.
  4. Step 4: Analyze the physical elements of a neighborhood/property.
  5. Step 5: Gauge how the neighborhood has been faring.

How do I pull data from Redfin?

  1. Yes, when searching for homes on Redfin, you may notice that you have an option to download specific home data onto an excel spreadsheet directly from the site.
  2. To download data, you will want to scroll to the bottom of the table, and from there, click on the 'Download All' button.

How many houses do you need to sell to make 100k?

How many houses does an agent have to sell to make $100,000 a year? If you are selling $100,000 houses and paying 40 percent of your commission to your broker you would have to sell over 50 houses a year to gross $100,000 a year. That is a lot of houses to sell, especially for a new agent.

Frequently Asked Questions

Can you pull data from Zillow?

The data you can scrape from Zillow contains information about the list of houses for sale in any city in their database which including addresses, the number of bedrooms, no of bathrooms, price, and many more. The extracted data can be exported in various formats like . csv, . txt, .

How big is the real estate market in 2019?

$9.6 trillion The size of the professionally managed global real estate investment market increased by 7.8% from $8.9 trillion in 2018 to $9.6 trillion in 2019. The growth was higher as compared to 2018 when the market grew by 4.1%.

How many homes were sold in the US in 2019?

In 2019, existing-home sales reached the 5.34 million mark, up from 4.34 million in 2009. Over the 10-year period, sales peaked in 2017 at 5.51 million.

How do you evaluate a real estate development project?

Here are some things to look at:
  1. Rents and vacancy rates in the area.
  2. Economic trends and projections in the area.
  3. For existing properties, review the income and expenses, maintenance records, and all leases.
  4. Incentives.

What are the three most important things in real estate?

To achieve those goals, the three most important words in real estate are not Location, Location, Location, but Price, Condition, Availability.

What are the four types of real estate?

The 4 Types of Real Estate Investments (Land, Residential, Commercial, Industrial) Real estate plays a crucial role in the global economy, offering opportunities for investment, wealth creation, and economic growth.

How do you evaluate a development site?

A preliminary site assessment should include site boundaries, topography, identification of abutting properties and current uses, identification of anything that would indicate environmental issues, access points to the site, site utilities and/or existing utilities in abutting streets, and current zoning.

What is the fastest growing real estate market in the United States?

The fastest growing market, according to NAR, is Farmington, New Mexico, which is in the northwest corner of the state. The average home price in Farmington, according to Zillow, is $209,811, which is far less than the national average of home prices that's at $328,745.

Where is the hottest real estate market in us?

Hottest Housing Markets Overall With Housing Market Index totals ranging up to 72.9 versus a national value of 66.6 in June, the following MSAs are the hottest housing markets ranked from first to fifth: Denver, Colorado – 72.9. Durham-Chapel Hill, North Carolina – 71.3. Raleigh, North Carolina – 70.3.

Are real estate prices dropping in USA?

Redfin data indicates that the median sales price of a home peaked at $434,780 in May 2022, a significant jump of 15.4% from May 2021's $376,634. However, between May 2022 and August 2023, prices were almost flat, with a small 3.2% decline to $420,846. Month-over-month home price declines.

Where real estate prices are cooling the fastest in the US?

Home prices in some US cities are finally cooling, with Seattle's housing market slowing faster than any other in the country. The 10 fastest-cooling markets are almost entirely in the West, with Seattle, Las Vegas, and the three California cities of San Jose, San Diego and Sacramento leading the way.

What's the hottest real estate market right now?

Best Real Estate Markets In The U.S.
  1. Austin, Texas (Metro Area) Median listing price: $620,000.
  2. Tampa, Florida. Median listing price: $388,800.
  3. Raleigh, North Carolina. Median listing price: $389,000.
  4. Nashville, Tennessee (Metro Area)
  5. Charlotte, North Carolina.
  6. San Antonio, Texas.
  7. Phoenix, Arizona.
  8. Jacksonville, Florida.


Where is the hottest real estate market?
Top 10 home buying zip codes
RankZip CodeCity (Metro Area)
143230Gahanna, OH (Columbus, OH)
206489Southington, CT (Hartford, CT)
307450Ridgewood, NJ (New York, NY)
401810Andover, MA (Boston, MA)
What city has the fastest growing housing market?
The Fastest-Growing Markets and Their Year-Over-Year Growth Rates:
  • Farmington, New Mexico: 20.3%
  • North Port-Sarasota-Bradenton, Florida: 19.5%
  • Naples-Immokalee-Marco Island, Florida: 17.2%
  • Greensboro-High Point, North Carolina: 17.0%
  • Myrtle Beach-Conway-North Myrtle Beach, South Carolina and North Carolina: 16.2%
What is the most expensive town in Massachusetts?
Vineyard Haven One Massachusetts community has been named the most expensive town in the country, according to a new LendingTree report. Vineyard Haven, located on Martha's Vineyard, topped LendingTree's list of towns with the most expensive real estate.
What cities have the largest decline in real estate?
10 Cities Where Home Prices Are Falling Most in 2023
  • Chicago. Median listing price: $376,000.
  • Sacramento, California. Median listing price: $662,875.
  • Winston-Salem, North Carolina. Median listing price: $345,899.
  • Pittsburgh. Median listing price: $238,250.
  • Salt Lake City.
  • Sarasota, Florida.
  • Phoenix.
  • Myrtle Beach, South Carolina.
Where do homes appreciate the most?
U.S. metros with the biggest increases in home values in 2022
Metro areaGrowth
1.FarmingtonNew Mexico20.3%
2.North Port-Sarasota-BradentonFlorida19.5%
3.Naples-Immokalee-Marco IslandFlorida17.2%
4.Greensboro-High PointNorth Carolina17%
How much foreign investment in US real estate?
International buyers purchased $53.3 billion worth of U.S. residential properties from April 2022 to March 2023, down 9.6% from the previous year. The 84,600 existing homes sold – the lowest since NAR began tracking in 2009 – retreated 14.2% from the prior year.
What percentage of US property is foreign owned?
Foreign persons held an interest in nearly 37.6 million acres of U.S. agricultural land as of December 31, 2020. This is 2.9 percent of all privately held agricultural land and 1.7 percent of all land in the United States.
Who are the top foreign investors in the US real estate market?
China, Mexico, Canada, India and Colombia were the top five countries of origin for international buyers of existing homes by number of houses, not dollar volume. The survey does not count new construction, where international buyers are also active.
Are Chinese investors buying US real estate?
Money spent by Chinese buyers on American homes reached US$13.6 billion, up from US$6.1 billion the previous year, said the International Transactions in US Residential Real Estate report, published by the country's National Association of Realtors (NAR).
What foreign country owns most real estate in USA?
Chinese buyers made up the largest share of major foreign buyers of property in the United States in 2023. In that year, 13 percent of residential properties were purchased by Chinese buyers. That amounted to an aggregate value of 13.6 billion U.S. dollars.
What is the median home price in the US 2023?
$410,200 How much does a home cost in the United States? According to data from the National Association of Realtors, the median price for an existing home — one that's already standing, not new construction — was $410,200 in June 2023. That's the second-highest price tag since the association started tracking the data.
What is the median and average sales price of new homes sold in the US?
Basic Info. US Median Sales Price for New Houses Sold is at a current level of 418800.0, down from 433100.0 last month and down from 477700.0 one year ago. This is a change of -3.30% from last month and -12.33% from one year ago.

Where to get real estate market stat

Where is the most overpriced real estate in the country? The most overvalued markets are in the country's Western, Eastern, and Southern regions.
  • Boise City, Idaho. Boise City, Idaho, has several appearances on past lists of overvalued housing markets.
  • Austin, Texas.
  • Las Vegas, Nevada.
  • Atlanta, Georgia.
  • Phoenix, Arizona.
  • Provo, Utah.
  • Fort Myers, Florida.
  • Spokane, Washington.
What state has the highest priced housing market? Hawaii is known for its beautiful beaches, warm climate, and breathtaking scenery. However, it is also the most expensive state to buy a house, with a Zillow Home Value Index of $834,582.
What is the median home price in the United States? What Is The Average Home Price In The United States? As of the second quarter of 2023, the median home price in the U.S. was $416,100, according to the Federal Reserve Bank of St Louis.
Who determines the market value of a home? Appraiser The appraiser or assessor analyzes real estate transactions that occur within a community and determine the factors that lead to the final sale prices.
How can you really get to know your local real estate market? Where to Find Real Estate Market Information
  • Local newspapers.
  • The National Association of Realtors and local real estate organizations and agents.
  • Government sources like: The U.S. Census Bureau and U.S. Department of Labor.
  • Online listing services like Zillow, Trulia, and Redfin.
  • Services like NeighborhoodScout.
How do I keep track of my house prices? Here are five ways you can compare house prices in your area.
  1. Use an automated valuation model (AVM) AVMs use data about your home and about the surrounding market to estimate home value.
  2. Perform a comparative market analysis (CMA)
  3. Stay in the neighborhood.
  4. Keep track of trends.
  5. Hire a real estate agent.
What is the most accurate house price index? The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels.
What happens if my house value goes up? INCREASED HOME VALUES LEAD TO HIGHER EQUITY While increased equity in a home benefits homeowners in many ways, increased home values also mean higher taxes, which could mean a higher monthly payment for borrowers who choose to escrow their taxes and insurance.
What is an RPR report? RPR (REALTORS® Property Resource) is the largest property database in the nation. Our property pages represent over 160 million residential and commercial parcels nationwide, accessible to all REALTORS®. RPR provides data, tools, estimated values, market trends, demographics, professional reports and much more.
What is a sales report in real estate? A Property Sales Report is a document that details information about a specific property. This includes the current status and estimates as well as historical information about past sales and changes.
Are California home prices dropping? Are home prices dropping in California? No, the state's already high prices are actually rising. Redfin data for the California housing market shows that home prices rose by 5 percent between August 2022 and August 2023, while data from the California Association of Realtors reports a 3 percent increase.
What is the real estate forecast for 2023 in Texas? Average Home Prices: The average median home price in Texas is $349,600, down by 3.5% YoY. In 2023, experts predict the median sale price growth to drop by roughly 4%, the first annual drop since 2012.
  • What is a 9A report real estate?
    • What is a 9A Report? A residential property report, also known as a 9A Report, provides buyers information about the property. An application (filled out by the seller) must be completed and include declarations that the property IS or WILL BE compliant in accordance with City of LA requirements.
  • Where is the hottest housing market right now?
    • Hottest Housing Markets Overall With Housing Market Index totals ranging up to 72.9 versus a national value of 66.6 in June, the following MSAs are the hottest housing markets ranked from first to fifth: Denver, Colorado – 72.9. Durham-Chapel Hill, North Carolina – 71.3. Raleigh, North Carolina – 70.3.
  • Where is the best housing market right now?
    • Ranking by City Size
      Overall Rank (1=Best)Large CitiesSmall Cities
      1Nashville, TN (71.71)Denton, TX (71.67)
      2Austin, TX (69.63)Allen, TX (69.88)
      3Seattle, WA (67.60)Santa Clara, CA (68.61)
      4Raleigh, NC (67.40)Murfreesboro, TN (67.83)
  • Where is real estate growing the fastest?
    • The metro area with the highest percentage of price growth is Farmington, New Mexico, where the median price for all homes is $261,200 — well below the national median of $378,700. The small town of less than 50,000 residents is the only market where home prices increased by more than 20% in 2022.
  • What is the hottest month for real estate?
    • Nationally, the best time to sell a house is March if you're trying to sell quickly, while the best time to maximize profit is July. Zillow recommends listing your home for sale in March, but no later than Labor Day, based on historical market trends.
  • Where in the US are house prices falling?
      • Chicago. Median listing price: $376,000.
      • Sacramento, California. Median listing price: $662,875.
      • Winston-Salem, North Carolina. Median listing price: $345,899.
      • Pittsburgh. Median listing price: $238,250.
      • Salt Lake City. Median listing price: $635,000.
      • Sarasota, Florida.
      • Phoenix.
      • Myrtle Beach, South Carolina.
  • How to find real estate price history
    • Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q3 2023 about sales, housing, and USA.
  • Who releases real estate economics
    • May 9, 2023 — Lawrence Yun emphasized challenges facing the commercial real estate market brought on by tightening lending policies among many small and 
  • When did the real estate market recover from 2008?
    • Delving Into 2008's Recession Home prices fully recovered by late 2012. If someone bought a house at the very peak of the recession in 2007 and held the property for 5 years, they made money in appreciation after 2012. It took 3.5 years for the recovery to begin after the recession began.
  • When was the biggest real estate crash?
    • In 2008, the housing market bubble burst when subprime mortgages, a huge consumer debt load, and crashing home values converged.
  • How many houses do most Realtors sell a year?
    • So How Many Houses Does a Realtor Really Sell Each Year? Only a small number of realtors sell more than a hundred homes a year, and the majority sell anywhere between 2-10 homes a year. Further, first-year or those just starting as realtors usually sell the least number of homes.
  • Can I afford a 500K house on 100K salary?
    • That monthly payment comes to $36,000 annually. Applying the 28/36 rule, which states that you shouldn't spend more than around a third of your income on housing, multiply $36,000 by three and you get $108,000. So to afford a $500K house you'd have to make at least $108,000 per year.

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