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?
Phoenix-Mesa-Chandler, AZ
State
Arizona
Region
West
2021 Population
4,946,145
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,496,361 homes | 95th |
| Home Price | $384,815 | 69th |
| Price Per sqft | $221/sqft | 65th |
| Lot Size | 0.16 acre(s) | 8th |
| Home Size | 1,802 sqft | 86th |
| 2 Year Price Growth | +1.65% | 13th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 26 years | 86th |
Population Age | 0 years | 44th |
| Household Size | 2.61 people | 81st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,884 | 77th |
| 2 Year Household Income Growth | +15.83% | 89th |
Unemployment Rate | 3.90% | 59th |
2 Year Unemployment Rate Difference | -0.95% | 43rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 56th |
| Population Growth Score | 83rd |
| Price Growth Score | 39th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
189 / 200 ( 6th %tile )Top 5 Historical T-RECS Matched Markets
1.
Dallas-Fort Worth-Arlington, TX
Year: 2020
Similarity Score: 89
2.
Tampa-St. Petersburg-Clearwater, FL
Year: 2020
Similarity Score: 89
3.
Sacramento-Roseville-Folsom, CA
Year: 2019
Similarity Score: 88
4.
San Antonio-New Braunfels, TX
Year: 2016
Similarity Score: 88
5.
Portland-Vancouver-Hillsboro, OR-WA
Year: 2019
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,496,361 homes | 95th |
| Home Price | $384,815 | 69th |
| Price Per sqft | $221/sqft | 65th |
| Lot Size | 0.16 acre(s) | 8th |
| Home Size | 1,802 sqft | 86th |
| 2 Year Price Growth | +1.65% | 13th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 26 years | 86th |
Population Age | 0 years | 44th |
| Household Size | 2.61 people | 81st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,884 | 77th |
| 2 Year Household Income Growth | +15.83% | 89th |
Unemployment Rate | 3.90% | 59th |
2 Year Unemployment Rate Difference | -0.95% | 43rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 56th |
| Population Growth Score | 83rd |
| Price Growth Score | 39th |