Redfin: Real estate neighborhoods to watch in 2013

The ranking was based on input from Redfin real estate agents and analysis of current data in the number of homes for sale, sales volume, home prices, and sales-to-list price ratios.

 

Most analysts now agree that 2012 was the bottom for the housing market, and 2013 is likely to usher in further gains in both home prices and sales. Redfin’s analysis identifies areas on the upswing that have not yet peaked, where there is still good value and plenty opportunity for growth.

 

The following are the top 10 hottest neighborhoods across the U.S., comparing December 2011 data with December 2012:

 

Neighborhood - Market

 

1.  Highland Park - Los Angeles

2.  Mira Mesa - San Diego

3.   Faircrest Heights - Los Angeles

4.   Eagle Rock - Los Angeles

5.   Livermore - SF East Bay

6.   Willow Glen - SF Silicon Valley

7.   Glassell Park - Los Angeles

8.   Logan Square - Chicago

9.   The Mission - SF Peninsula

10. North Maple Leaf - Seattle

 

The top three areas for each market studied:

 

Atlanta

1. Roswell

2. Smyra

3. Suwanee

 

Austin

1. Rosedale

2. Crestview

3. Zilker

 

Boston

1. Somerville

2. Medford

3. Waltham

 

Chicago

1. Logan Square

2. East Village/Noble Square

3. Fulton Market

 

Dallas

1. Colleyville

2. Lake Highlands

3. Castle Hills

 

Denver

1. Uptown

2. Baker

3. Montclair

 

Los Angeles

1. Highland Park

2. Faircrest Heights

3. Eagle Rock

 

Philadelphia

1. Phoenixville

2. Brewerytown

3. West Mount Airy

 

Phoenix

1. Windsor Square

2. Gilbert

3. Old Town Scottsdale

 

Portland

1. Sylvan-West Haven

2. Stoller School, Beaverton

3. Kenton

 

Sacramento

1. Folsom

2. Granite Bay

3. El Dorado Hills

 

San Diego

1. Mira Mesa

2. San Marcos

3. Eastlake

 

East Bay/Silicon Valley

1. Livermore

2. Willow Glen

3. East Dublin

 

San Francisco peninsula

1. The Mission

2. Foster City

3. Belmont

 

Seattle

1. North Maple Leaf

2. West Bellevue

3. Bothell

 

Washington, D.C., area

1. Pimmit Hills

2. Petworth

3. Fallsmead