T-RECS
powered by ResiShares
Trended Real Estate Comparison Scores (T-RECS) compare current real estate markets with their closest analogs in history, to project their most probable trajectories going forward.
Read more about our T-RECS model hereWhere willrank amongst housing markets for price growth?
Albuquerque, NM
State
New Mexico
Region
West
2021 Population
921,311
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 257,972 homes | 70th |
| Home Price | $335,808 | 59th |
| Price Per sqft | $199/sqft | 54th |
| Lot Size | 0.17 acre(s) | 15th |
| Home Size | 1,760 sqft | 83rd |
| 2 Year Price Growth | +21.38% | 84th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 34 years | 70th |
Population Age | 0 years | 65th |
| Household Size | 2.40 people | 39th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,392 | 38th |
| 2 Year Household Income Growth | +11.98% | 62nd |
Unemployment Rate | 4.00% | 54th |
2 Year Unemployment Rate Difference | -2.00% | 90th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 75th |
| Population Growth Score | 66th |
| Price Growth Score | 15th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
10 / 200 ( 95th %tile )Top 5 Historical T-RECS Matched Markets
1.
Jacksonville, FL
Year: 2020
Similarity Score: 89
2.
Indianapolis-Carmel-Anderson, IN
Year: 2019
Similarity Score: 88
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2017
Similarity Score: 88
4.
Tampa-St. Petersburg-Clearwater, FL
Year: 2015
Similarity Score: 88
5.
Knoxville, TN
Year: 2017
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 257,972 homes | 70th |
| Home Price | $335,808 | 59th |
| Price Per sqft | $199/sqft | 54th |
| Lot Size | 0.17 acre(s) | 15th |
| Home Size | 1,760 sqft | 83rd |
| 2 Year Price Growth | +21.38% | 84th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 34 years | 70th |
Population Age | 0 years | 65th |
| Household Size | 2.40 people | 39th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,392 | 38th |
| 2 Year Household Income Growth | +11.98% | 62nd |
Unemployment Rate | 4.00% | 54th |
2 Year Unemployment Rate Difference | -2.00% | 90th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 75th |
| Population Growth Score | 66th |
| Price Growth Score | 15th |