T-RECS
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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 | 281,838 homes | 70th |
| Home Price | $314,158 | 58th |
| Price Per sqft | $182/sqft | 50th |
| Lot Size | 0.17 acre(s) | 19th |
| Home Size | 1,796 sqft | 90th |
| 2 Year Price Growth | +24.26% | 70th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 35 years | 69th |
Population Age | 39 years | 42nd |
| Household Size | 2.42 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,070 | 31st |
| 2 Year Household Income Growth | +2.66% | 21st |
Unemployment Rate | 6.70% | 28th |
2 Year Unemployment Rate Difference | +1.40% | 44th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 62nd |
| Population Growth Score | 9th |
| Price Growth Score | 92nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
120 / 200 ( 40th %tile )Top 5 Historical T-RECS Matched Markets
1.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2019
Similarity Score: 92
2.
Jacksonville, FL
Year: 2011
Similarity Score: 90
3.
Greensboro-High Point, NC
Year: 2011
Similarity Score: 90
4.
Winston-Salem, NC
Year: 2020
Similarity Score: 90
5.
New Orleans-Metairie, LA
Year: 2019
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 281,838 homes | 70th |
| Home Price | $314,158 | 58th |
| Price Per sqft | $182/sqft | 50th |
| Lot Size | 0.17 acre(s) | 19th |
| Home Size | 1,796 sqft | 90th |
| 2 Year Price Growth | +24.26% | 70th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 35 years | 69th |
Population Age | 39 years | 42nd |
| Household Size | 2.42 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,070 | 31st |
| 2 Year Household Income Growth | +2.66% | 21st |
Unemployment Rate | 6.70% | 28th |
2 Year Unemployment Rate Difference | +1.40% | 44th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 62nd |
| Population Growth Score | 9th |
| Price Growth Score | 92nd |