Redfin: Real estate neighborhoods to watch in 2013

Redfin, the technology-powered real estate broker, has compiled a list of the hottest emerging neighborhoods and small cities for real estate in 16 cities across the country.

January 15, 2013

Redfin, the technology-powered real estate broker, has compiled a list of the hottest emerging neighborhoods and small cities for real estate in 16 cities across the country.

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

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