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 | 94,401 homes | 20th |
| Home Price | $803,333 | 96th |
| Price Per sqft | $510/sqft | 96th |
| Lot Size | 0.16 acre(s) | 9th |
| Home Size | 1,579 sqft | 42nd |
| 2 Year Price Growth | +19.06% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 51 years | 31st |
Population Age | 0 years | 88th |
| Household Size | 2.79 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $90,894 | 87th |
| 2 Year Household Income Growth | +14.29% | 79th |
Unemployment Rate | 5.30% | 14th |
2 Year Unemployment Rate Difference | -0.65% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 3rd |
| Population Growth Score | 28th |
| Price Growth Score | 36th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
102 / 200 ( 49th %tile )Top 5 Historical T-RECS Matched Markets
1.
Bakersfield, CA
Year: 2015
Similarity Score: 81
2.
Los Angeles-Long Beach-Anaheim, CA
Year: 2020
Similarity Score: 80
3.
Oxnard-Thousand Oaks-Ventura, CA
Year: 2015
Similarity Score: 80
4.
Ann Arbor, MI
Year: 2020
Similarity Score: 80
5.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2012
Similarity Score: 80
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 94,401 homes | 20th |
| Home Price | $803,333 | 96th |
| Price Per sqft | $510/sqft | 96th |
| Lot Size | 0.16 acre(s) | 9th |
| Home Size | 1,579 sqft | 42nd |
| 2 Year Price Growth | +19.06% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 51 years | 31st |
Population Age | 0 years | 88th |
| Household Size | 2.79 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $90,894 | 87th |
| 2 Year Household Income Growth | +14.29% | 79th |
Unemployment Rate | 5.30% | 14th |
2 Year Unemployment Rate Difference | -0.65% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 3rd |
| Population Growth Score | 28th |
| Price Growth Score | 36th |