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Real Estate Data Analyst jobs

A Data Analyst in the Real Estate industry is responsible for conducting research and data analysis to understand the drivers of the commercial real estate market.

They develop and write research to manage real estate investments for organizations that have significant property holdings. They must also obtain and prepare data to solve business problems, as well as monitor changes in the real estate market. To do this, they may have advanced certification in data analytics which can be a useful tool in their arsenal.

Data Analysts are also able to analyze data such as mortgage payments, home equity, the age of a property, and how long the owner has lived there. These analytics can give agents a competitive edge in the real estate market by providing meaningful data on building end-users (tenants). Additionally, big data can improve how properties are marketed by using search engines and digital advertising data.

The creation, accumulation, and use of copious amounts of data is driving rapid change across many industries, including Real Estate.

Real Estate

Data Analytics in Real Estate industry

Data analytics holds significant importance in the real estate industry due to its ability to provide valuable insights, enhance decision-making processes, and drive efficiency and profitability. The real estate sector generates vast amounts of data, including property listings, sales transactions, market trends, demographic information, and financial indicators. By leveraging data analytics techniques, real estate professionals can extract actionable intelligence from this data, enabling them to make informed decisions, identify investment opportunities, mitigate risks, and optimize their operations.

One key aspect where data analytics is crucial in the real estate industry is in market analysis. By analyzing historical and current data on property prices, market trends, and supply and demand dynamics, real estate professionals can gain a comprehensive understanding of the market conditions. Data analytics allows them to identify emerging trends, forecast future demand, and assess market risks. This information is invaluable for developers, investors, and real estate agents, as it enables them to identify profitable investment opportunities, set competitive pricing strategies, and tailor their offerings to meet market demands.

Furthermore, data analytics empowers real estate professionals to make data-driven investment decisions. By leveraging predictive modeling and machine learning algorithms, they can evaluate various factors that impact property value, such as location, amenities, neighborhood characteristics, and economic indicators. These advanced analytics techniques allow real estate professionals to assess the risk-return profile of potential investments, optimize their portfolio allocations, and make informed decisions about property acquisitions, sales, and leasing strategies.

Data analytics also plays a vital role in optimizing operational efficiency within the real estate industry. By analyzing data on property maintenance, energy consumption, and tenant behavior, property owners and managers can identify areas for improvement and implement cost-saving measures. For example, analytics can help identify patterns in energy usage and suggest energy-efficient solutions, leading to reduced operating costs and a more sustainable approach to property management. Moreover, data analytics can enable proactive maintenance strategies by identifying patterns of equipment failure or identifying the optimal time for property renovations, ultimately improving tenant satisfaction and reducing vacancy rates.

Lastly, data analytics facilitates transparency and informed decision-making for all stakeholders in the real estate industry. By providing access to relevant data and analytics tools, real estate professionals can empower clients, investors, and policymakers to make informed decisions. For example, real estate platforms and portals that utilize data analytics can offer market insights, property valuation estimates, and neighborhood statistics, enabling individuals to make educated decisions about buying, selling, or renting properties.

Real Estate

Data Analyst salary in Real Estate industry

What is Real Estate data analyst salary?

Data Analyst salary in Real Estate

Data analysts are in high demand, and their salaries reflect their skills and expertise. The salary of a data analyst can be influenced by several factors such as experience, industry, location, and job title.

Generally, with increased experience, data analysts can expect to command higher salaries. The data analyst salary guide provides the overview of salaries in various industries, with a deep dive into how much entry level, senior and lead data analysts can earn depending on their experience.

In the Real Estate industry we currently have 34 data analyst jobs in our database.

Average data analyst salary for a Real Estate data analyst, is currently $104,171 per year.

Depending on experience, the average entry level data analyst salary is $87,658, senior data analyst salary is $105,371 and lead data analyst commands $134,000 per year, in the Real Estate industry.

Data Analyst salary in Real Estate

Real Estate
Total number of roles: 
34
Average Salary
per year
$104,171
Median Salary
per year
$101,000
Minimum Salary
per year
$50,000
Maximum Salary
per year
$175,000

What is Entry level data analyst salary in real estate?

What is Senior data analyst salary in real estate?

What is Lead data analyst salary in real estate?

How much is Entry level data analyst salary in real estate?

Real Estate
Entry level data analyst
0 - 3 years of experience
Total number of roles: 
12
Average Salary
per year
$87,658
Median Salary
per year
$82,500
Minimum Salary
per year
$56,000
Maximum Salary
per year
$130,000

How much is Senior data analyst salary in real estate?

Real Estate
Senior data analyst
3 - 5 years of experience
Total number of roles: 
16
Average Salary
per year
$105,371
Median Salary
per year
$109,995
Minimum Salary
per year
$50,000
Maximum Salary
per year
$170,000

How much is Lead data analyst salary in real estate?

Real Estate
Lead data analyst
5 - 10 years of experience
Total number of roles: 
6
Average Salary
per year
$134,000
Median Salary
per year
$136,500
Minimum Salary
per year
$71,500
Maximum Salary
per year
$175,000

Where do you get the data from?

We only used data from jobs posted on our website to calculate data analyst salaries. In the brackets next to each industry or state you can see how many data analyst jobs in the said industry/state we have on our site.

Please note that in many cases we currently only have < 10 data points to draw from, therefore the accuracy will improve as the amount of data analyst job opportunities on the site increases.

Check out the complete data analyst salary guide for salary information across United States.

Last update: 1st July, 2024

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