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?
Santa Maria-Santa Barbara, CA
State
California
Region
West
2021 Population
446,475
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 100,181 homes | 17th |
| Home Price | $782,833 | 96th |
| Price Per sqft | $524/sqft | 96th |
| Lot Size | 0.16 acre(s) | 11th |
| Home Size | 1,605 sqft | 58th |
| 2 Year Price Growth | +26.77% | 78th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 35 years | 91st |
| Household Size | 2.81 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,846 | 88th |
| 2 Year Household Income Growth | +12.15% | 90th |
Unemployment Rate | 7.30% | 20th |
2 Year Unemployment Rate Difference | +2.70% | 16th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 9th |
| Population Growth Score | 2nd |
| Price Growth Score | 13th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
135 / 200 ( 33rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Salinas, CA
Year: 2011
Similarity Score: 86
2.
Trenton-Princeton, NJ
Year: 2011
Similarity Score: 84
3.
San Diego-Chula Vista-Carlsbad, CA
Year: 2019
Similarity Score: 84
4.
Los Angeles-Long Beach-Anaheim, CA
Year: 2019
Similarity Score: 83
5.
San Luis Obispo-Paso Robles, CA
Year: 2019
Similarity Score: 82
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 100,181 homes | 17th |
| Home Price | $782,833 | 96th |
| Price Per sqft | $524/sqft | 96th |
| Lot Size | 0.16 acre(s) | 11th |
| Home Size | 1,605 sqft | 58th |
| 2 Year Price Growth | +26.77% | 78th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 35 years | 91st |
| Household Size | 2.81 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,846 | 88th |
| 2 Year Household Income Growth | +12.15% | 90th |
Unemployment Rate | 7.30% | 20th |
2 Year Unemployment Rate Difference | +2.70% | 16th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 9th |
| Population Growth Score | 2nd |
| Price Growth Score | 13th |