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?
Phoenix-Mesa-Chandler, AZ
State
Arizona
Region
West
2021 Population
4,946,145
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,547,466 homes | 95th |
| Home Price | $437,948 | 81st |
| Price Per sqft | $253/sqft | 78th |
| Lot Size | 0.16 acre(s) | 9th |
| Home Size | 1,809 sqft | 91st |
| 2 Year Price Growth | +22.43% | 61st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 24 years | 91st |
Population Age | 38 years | 67th |
| Household Size | 2.61 people | 77th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $75,731 | 73rd |
| 2 Year Household Income Growth | +11.54% | 87th |
Unemployment Rate | 5.20% | 62nd |
2 Year Unemployment Rate Difference | +0.70% | 67th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 54th |
| Population Growth Score | 29th |
| Price Growth Score | 51st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
179 / 200 ( 11th %tile )Top 5 Historical T-RECS Matched Markets
1.
Denver-Aurora-Lakewood, CO
Year: 2011
Similarity Score: 89
2.
Dallas-Fort Worth-Arlington, TX
Year: 2012
Similarity Score: 89
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2011
Similarity Score: 88
4.
Portland-Vancouver-Hillsboro, OR-WA
Year: 2019
Similarity Score: 88
5.
San Diego-Chula Vista-Carlsbad, CA
Year: 2019
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,547,466 homes | 95th |
| Home Price | $437,948 | 81st |
| Price Per sqft | $253/sqft | 78th |
| Lot Size | 0.16 acre(s) | 9th |
| Home Size | 1,809 sqft | 91st |
| 2 Year Price Growth | +22.43% | 61st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 24 years | 91st |
Population Age | 38 years | 67th |
| Household Size | 2.61 people | 77th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $75,731 | 73rd |
| 2 Year Household Income Growth | +11.54% | 87th |
Unemployment Rate | 5.20% | 62nd |
2 Year Unemployment Rate Difference | +0.70% | 67th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 54th |
| Population Growth Score | 29th |
| Price Growth Score | 51st |