How much does a realtor make in Tucson AZ?
Real Estate Sales Agent Salary in Tucson, Arizona
How much does a Real Estate Sales Agent make in Tucson, AZ? The average Real Estate Sales Agent salary in Tucson, AZ is $40,714 as of August 27, 2021, but the range typically falls between $39,773 and $51,787.
How many licensed agents are there in Arizona?
Now, there are about 73,500 real estate agents and brokers licensed in Arizona, according to the department.
Why is Tucson real estate market so hot?
Tucson is currently a hot seller’s real estate market – which means that the demand from buyers is exceeding the current supply of homes for sale. The pricing of homes is trending higher and is more attractive for sellers in the current phase.
Is Tucson a buyers or sellers market?
Tucson, AZ is a seller’s market in August 2021, which means that there are more people looking to buy than there are homes available.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.
How do you get a real estate license in Arizona?
How to Get Your Real Estate License in Arizona
- Step 1: Meet the general Arizona real estate license requirements as outlined on the Arizona Department of Real Estate Website.
- Step 2: Complete the approved 90 hours of pre-licensing education.
- Step 3: Pass the school exam.
- Step 4: Get a Fingerprint Clearance Card.
Is real estate a good career in Arizona?
That growth comes from affordable housing, stunning terrain, good schools, and a strong job market. Top industries are bioscience, healthcare, and financial services — careers that tend to be high-earning and stable. This fact also makes Arizona good for real estate agents.
Is Arizona a good state for real estate agents?
A recent survey by Realtor.com reveals Arizona home values will increase by 7 percent during 2021. Additionally, the number of home sales is expected to rise by 11.4 percent in 2021. Arizona could be the best state to invest in real estate thanks to a booming economy and affordability.
Why is rent so high in Tucson?
The Tucson market saw one of the highest increases in rental prices in the state last year due to growing demand and limited supply. … Local rents have jumped 7.1% from last year, compared to 5.2% for Arizona as a whole. The national average dropped 1.2%, according to Apartment List data.
Is it a good time to buy a home in Tucson AZ?
2021 is an ideal time to buy a home in Arizona. Mortgage rates at near-record lows, meaning that you have more flexibility in choosing where to live.
Why are houses so expensive in Tucson?
We just had a lag here, and we didn’t see the growth in Tucson that we saw in Austin or Dallas or some of those cities.” The severe shortage in inventory, coupled with increased lumber, concrete and copper prices, makes building homes more expensive as prices for the construction industry rapidly increase.
What is the best part of Tucson to live in?
Here are some of Tucson’s best neighborhoods.
- El Presidio Historic District. The city’s first, and at one time, most affluent neighborhood, El Presidio is located downtown and features large, historic homes. …
- Dunbar Spring Neighborhood. …
- Armory Park. …
- Sam Hughes. …
- West University Neighborhood.
Is Tucson a good place to buy real estate?
All in all, the Tucson housing market is one of Arizona’s top markets in 2020. Its positive economic indicators, growing demand, increasing prices, and Airbnb and landlord friendliness make it a must-consider for Arizona real estate investors.
Is Tucson AZ a good place to live?
Great for Snowbirds & Retirees
Warm weather, sunny skies, and little to no snow each year are all reasons why snowbirds like to live in Tucson. … With lower independent living costs, a variety of outdoor activities for older adults, and no tax on Social Security benefits, Tucson is a popular place to retire in Arizona.