{"id":56226,"date":"2017-01-19T05:50:07","date_gmt":"2017-01-19T13:50:07","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=56226"},"modified":"2020-10-06T19:46:54","modified_gmt":"2020-10-07T02:46:54","slug":"the-hottest-neighborhoods-of-2017","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/the-hottest-neighborhoods-of-2017\/","title":{"rendered":"Redfin Predicts the Hottest Neighborhoods of 2017"},"content":{"rendered":"

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\"HottestNeighborhoods-Graphic-1280x960_v2<\/figure>\n

Tech Driving the Market<\/b><\/h3>\n

Using data from thousands of customer visits to Redfin.com, combined with the local expertise of our real estate agents, we get an early look at which neighborhoods will be hot in 2017. <\/span>High-growth job centers are driving the hottest neighborhoods for 2017, but not in the way you\u2019d expect. Data on homebuyer activity on Redfin.com takes us just outside the city limits of these tech hubs to find the neighborhoods that are heating up this year. The top three hottest neighborhoods all sit close to San Francisco and Seattle. But while home prices continue to rise in the centers of these booming tech cities, homebuyers are increasingly focusing their searches in neighboring communities. While many of 2017\u2019s hottest neighborhoods come with longer commutes, Redfin agents say they offer homebuyers the best balance of everything: quick access to public transit, trendy shopping and dining options, plus larger move-in ready homes with charm and price tags that are a little easier to bear.<\/span><\/p>\n

This continues a trend we started seeing in <\/span>2016<\/span><\/a>, when San Francisco dropped from the ranks of Redfin\u2019s 10 hottest neighborhoods. This year, Bushrod<\/a> in nearby Oakland takes center stage as the nation\u2019s hottest neighborhood. Although this is Oakland\u2019s first appearance on a Redfin Hottest Neighborhoods list, it experienced <\/span>soaring demand in late 2016<\/span><\/a>.<\/span><\/p>\n

\u201cRedfin research shows that over the past five years, home prices in urban cores have shot up 50 percent faster than in the metro areas as a whole,\u201d said Redfin chief economist Nela Richardson. \u201cOur data on homebuyer activity shows that this year people are bypassing the most expensive areas in the center city in search for high-end amenities and renovated homes a few train or bus stops outside the city limits. The hottest neighborhoods of 2017 will be those edge communities that deliver urban convenience at prices that are closer to earth.\u201d<\/p>\n

Making the Old New Again<\/b><\/h3>\n

In December, Redfin <\/span>predicted that 2017 would be the year of the second-tier city<\/span><\/a> and the emergence of hot neighborhoods in cities like Portland, Sacramento and New Orleans are proving that to be true. <\/span><\/p>\n

Neighborhoods that made the top 10 list, such as <\/span>Eliot<\/span><\/a> in Portland, <\/span>Hollywood Park<\/span><\/a> in Sacramento and <\/span>Treme<\/span><\/a> in New Orleans, feature renovated homes that preserve the nature and charm of the area while offering updated amenities. This wave of renovation, coupled with increased demand, is causing a significant increase in home prices. <\/span>Eliot<\/span><\/a> and <\/span>Hollywood Park<\/span><\/a> both saw home prices rise 30 percent in the last year, and <\/span>Treme<\/span><\/a> rose 75 percent over the same period.<\/span><\/p>\n

What Makes a Neighborhood Hot?<\/b><\/h3>\n

Redfin\u2019s Hottest Neighborhoods is a prediction based on the most recent growth we\u2019ve seen in pageviews and favorites on Redfin.com. We checked in with Redfin agents around the country to find out what\u2019s been driving these trends. <\/span><\/p>\n

Read on for the full list of neighborhoods that we predict will be the hottest in 2017. For more downloadable housing market stats, visit the <\/span>Redfin Data Center<\/span><\/a>.<\/span><\/p>\n

The Hottest Neighborhoods of 2017 by Metropolitan Area<\/b><\/h3>\n

In addition to the top 10 hottest neighborhoods nationwide, we picked three neighborhoods in each of the largest metro areas that are poised to become some of the most desirable places in 2017. Use the links below to jump to a market, or scroll down through the whole list and see what Redfin real estate agents have to say about these up-and-coming neighborhoods.<\/span><\/p>\n

Atlanta, GA<\/a> | Austin, TX<\/a> | Baltimore, MD<\/a> | Boston, MA<\/a> | Charlotte, NC<\/a> | Chicago, IL<\/a> | Cincinnati, OH<\/a> | Cleveland, OH<\/a> | Colorado Springs, CO<\/a> | Columbus, OH<\/a> | Dallas-Fort Worth, TX<\/a> | Denver, CO<\/a> | Detroit, MI<\/a> | Ft. Lauderdale, FL<\/a> | Houston, TX<\/a> | Las Vegas, NV<\/a> | Los Angeles, CA<\/a> | Miami, FL<\/a> | Milwaukee, WI<\/a> | Minneapolis, MN<\/a> | New Orleans, LA<\/a> | Oakland, CA<\/a> | Orange County, CA<\/a> | Orlando, FL<\/a> | Philadelphia, PA<\/a> | Phoenix, AZ<\/a> | Portland, OR<\/a> | Queens, NY<\/a> | Riverside, CA<\/a> | Sacramento, CA<\/a> | San Antonio, TX<\/a> | San Diego, CA<\/a> | San Francisco, CA<\/a> | San Jose, CA<\/a> | Seattle, WA<\/a> | St. Louis, MO<\/a> | Tampa, FL<\/a> | Washington, DC<\/a> | West Palm Beach, FL<\/a><\/p>\n

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Atlanta, GA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Adair Park<\/a><\/td>\n$128,000<\/strong><\/td>\n69<\/td>\n93.9%<\/td>\n44.4%<\/td>\n<\/tr>\n
#2<\/span><\/span> Capitol View<\/a><\/td>\n$85,000<\/strong><\/td>\n49<\/td>\n95.6%<\/td>\n47.9%<\/td>\n<\/tr>\n
#3<\/span><\/span> West End\/Westview<\/a><\/td>\n$130,000<\/strong><\/td>\n51<\/td>\n100.0%<\/td>\n45.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
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\nVictoria Hurd<\/a><\/div>\n

\u201cLately, neighborhoods like Adair Park have seen a new wave of popularity, as people move back in from the suburbs around Atlanta and want to be closer to the city center. Many homebuyers have been priced out of more established neighborhoods, but Adair Park is one of the last neighborhoods close to downtown where first-time homebuyers can still find nice homes in the $100,000 to $200,000 range. This neighborhood has also become really popular as more people have opted for car-free lifestyles; it’s right next to the West End MARTA rail station and has a Bike Score of 72, making transportation quick and easy.\u201d<\/i><\/p>\n<\/div>\n

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Austin, TX<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Riverside<\/a><\/td>\n$266,500<\/strong><\/td>\n28<\/td>\n97.5%<\/td>\n47.6%<\/td>\n<\/tr>\n
#2<\/span><\/span> Montopolis<\/a><\/td>\n$226,000<\/strong><\/td>\n8<\/td>\n98.9%<\/td>\n62.4%<\/td>\n<\/tr>\n
#3<\/span><\/span> Northwest Hills-Far West<\/a><\/td>\n$650,000<\/strong><\/td>\n25<\/td>\n95.8%<\/td>\n49.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nAndrew Vallejo<\/a><\/div>\n

\u201cThere\u2019s a lot about Riverside that\u2019s appealing right now. Hiking and biking trails have been revitalized, and being so close to the water is a big draw for many homeowners. There\u2019s also great dining, plenty of public transportation and close proximity to the airport. Austin has seen large increases in home prices over the last few years as more and more people move here for tech jobs and work in other industries, and neighborhoods nearest to the city center have had the largest price increases. Two to three years ago, my clients were paying around $100,000 for a condo in Riverside; today, I have someone under contract for a $550,000 townhouse. Even still, it\u2019s more affordable than the west side, where a single-family home costs $700,000 to $800,000.\u201d<\/i><\/p>\n<\/div>\n

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Baltimore, MD<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Centennial District (EllicottCity)<\/a><\/td>\n$475,000<\/strong><\/td>\n34<\/td>\n96.5%<\/td>\n42.5%<\/td>\n<\/tr>\n
#2<\/span><\/span> Roland Park<\/a><\/td>\n$607,500<\/strong><\/td>\n87<\/td>\n93.5%<\/td>\n39.6%<\/td>\n<\/tr>\n
#3<\/span><\/span> Fells Point<\/a><\/td>\n$322,500<\/strong><\/td>\n60<\/td>\n93.3%<\/td>\n23.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nDan Borowy<\/a><\/div>\n

\u201cCentennial District has been a very desirable place to live for a long time and it doesn’t look like that will be changing any time soon. The schools have some of the highest ratings in Maryland which is often a key reason why many homebuyers express interest in moving here. People appreciate its close proximity to Baltimore and the commuter routes to DC. such as route 29, route 295 and route 95\/495. Centennial Park is also in the area and is a popular spot for families to visit on the weekends. For these reasons, there are often not very many homes on the market, and the ones that are listed tend to sell very quickly.\u201d<\/i><\/p>\n<\/div>\n

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Boston, MA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Edgeworth (Medford)<\/a><\/td>\n$435,000<\/strong><\/td>\n13<\/td>\n104.6%<\/td>\n67.4%<\/td>\n<\/tr>\n
#2<\/span><\/span> Downtown Everett (Everett)<\/a><\/td>\n$445,000<\/strong><\/td>\n17<\/td>\n100.0%<\/td>\n58.5%<\/td>\n<\/tr>\n
#3<\/span><\/span> Maplewood (Malden)<\/a><\/td>\n$413,000<\/strong><\/td>\n13<\/td>\n99.2%<\/td>\n66.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nSteve Novak<\/a><\/div>\n

\u201cThis neighborhood is cornered by the adjacent and already-hot Medford, which has seen a lot of long-time residents sell older homes to developers, who\u2019ve then renovated them and then sold them for increased prices. That\u2019s now starting in Edgeworth as well and much of the rest of Malden. In Edgeworth, you\u2019re within walking distance of both the Malden Center Orange line T-station and the Wellington Orange line T-station, which makes commuting downtown very do-able. And home prices, though elevated from what they were several years ago, are more affordable than Medford and the trendiest towns like Cambridge and Somerville.\u201d<\/i><\/p>\n<\/div>\n

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Charlotte, NC<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Myer’s Park<\/a><\/td>\n$575,000<\/strong><\/td>\n70<\/td>\n96.1%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Eastover<\/a><\/td>\n$798,000<\/strong><\/td>\n91<\/td>\n92.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Ballantyne<\/a><\/td>\n$432,500<\/strong><\/td>\n75<\/td>\n95.8%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nJulie McGee<\/a><\/div>\n

\u201cMyer\u2019s Park keeps getting hotter and more attractive to buyers because it\u2019s five miles from Charlotte\u2019s Center City, has a high Walk Score and highly ranked schools. Myer\u2019s Park has many bungalow and craftsman homes that were built about a century ago, so people often tear down and rebuild homes in the neighborhood to improve their property value. Some of the best restaurants and boutique shops in Charlotte can be found in the neighborhood, and the area is so charming we even decided to make it the Charlotte Redfin headquarters!\u201d<\/i><\/p>\n<\/div>\n

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Chicago, IL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Downtown Oak Lawn<\/a><\/td>\n$156,500<\/strong><\/td>\n84<\/td>\n92.6%<\/td>\n33.5%<\/td>\n<\/tr>\n
#2<\/span><\/span> Woodlawn<\/a><\/td>\n$110,000<\/strong><\/td>\n80<\/td>\n94.9%<\/td>\n32.8%<\/td>\n<\/tr>\n
#3<\/span><\/span> Belmont Gardens<\/a><\/td>\n$243,000<\/strong><\/td>\n63<\/td>\n96.1%<\/td>\n43.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nHeather Hartung<\/a><\/div>\n

\u201cOak Lawn is in close proximity to the city of Chicago, and homebuyers here can get more land, more space and a suburban feel for a lower price. Right now, we\u2019re seeing a lot of nicely renovated homes that are appealing to buyers who were otherwise looking in places like Palos Park and Palos Heights, or in Beverly. You also have easy commuting with a Metra stop to get to the Loop and two major employment hubs \u2013 the Medical Center and St. Xavier University in Oak Lawn itself. Quite a few buyers have recently gotten jobs in the area, like what they see and have decided to settle down here.\u201d<\/i><\/p>\n<\/div>\n

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Cincinnati, OH<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Madisonville<\/a><\/td>\n$90,000<\/strong><\/td>\n72<\/td>\n94.1%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Clifton<\/a><\/td>\n$250,000<\/strong><\/td>\n101<\/td>\n90.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Madeira<\/a><\/td>\n$273,000<\/strong><\/td>\n62<\/td>\n96.6%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nTrina Walton<\/a><\/div>\n

\u201cMadisonville has seen a resurgence in popularity because there\u2019s a lot of land in the area that can be developed, which is leading to increased demand and competition among commercial real estate developers, investors and homebuyers. The community has a new look thanks to all the development happening in the area, and it\u2019s still affordable compared to nearby neighborhoods with similar proximity to downtown.\u201d<\/i><\/p>\n<\/div>\n

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Cleveland, OH<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Lakewood (Lakewood)<\/a><\/td>\n$149,000<\/strong><\/td>\n47<\/td>\n97.0%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Edgewater<\/a><\/td>\n$99,000<\/strong><\/td>\n72<\/td>\n91.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Ohio City<\/a><\/td>\n$182,500<\/strong><\/td>\n72<\/td>\n92.7%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nJoe Rath<\/a><\/div>\n

\u201cLakewood is one of Cleveland’s inner-ring suburbs that satisfies the desires of many homebuyers we work with and it’s been gaining popularity as many millennials are entering the housing market for the first time. It has a high Walk Score, bustling restaurant and art scenes, quick commutes and offers a lake-side lifestyle. Many empty nesters have also taken to the area, and we expect competition for homes to increase as 2017 unfolds.\u201d<\/i><\/p>\n<\/div>\n

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Colorado Springs, CO<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Westside<\/a><\/td>\n$200,000<\/strong><\/td>\n91<\/td>\n92.9%<\/td>\n33.3%<\/td>\n<\/tr>\n
#2<\/span><\/span> Pinon Valley<\/a><\/td>\n$264,900<\/strong><\/td>\n32<\/td>\n98.2%<\/td>\n65.9%<\/td>\n<\/tr>\n
#3<\/span><\/span> Norwood<\/a><\/td>\n$240,000<\/strong><\/td>\n42<\/td>\n98.4%<\/td>\n60.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nKevin Kudrna<\/a><\/div>\n

\u201cWestside, a small neighborhood that\u2019s often considered part of Old Colorado City, is well-located to benefit from the planned revitalization along South Nevada Avenue in downtown Colorado Springs. In other words, Old Colorado City itself has seen quite a bit of investment over the past few years, but residents in Westside are also an easy walk or drive from what will soon become a completely re-done southern downtown. As buyers prioritize well-located areas in walkable neighborhoods, the Westside neighborhood draws people who love turn-of-the-century homes, proximity to nightlife, nearby hiking trails, and, of course, the mountains. You also have the prestigious Colorado College nearby, which adds to the allure of the neighborhood.\u201d<\/i><\/p>\n<\/div>\n

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Columbus, OH<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Merion Village<\/a><\/td>\n$199,900<\/strong><\/td>\n55<\/td>\n99.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> East Beechwood<\/a><\/td>\n$193,700<\/strong><\/td>\n48<\/td>\n98.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Olentangy (Powell)<\/a><\/td>\n$320,000<\/strong><\/td>\n64<\/td>\n96.5%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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\nButch Wahlsmith<\/a><\/div>\n

\u201cMerion Village has seen an uptick in demand because homebuyers like the character of the homes in the area and see restoring the homes as a good investment opportunity. Merion Village is also an ideal location for people who want to get downtown quickly, but also live in an area that feels like a neighborhood rather than an extension of downtown Columbus.\u201d<\/i><\/p>\n<\/div>\n

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Dallas-Fort Worth, TX<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Arapaho Heights (Richardson)<\/a><\/td>\n$277,400<\/strong><\/td>\n31<\/td>\nN\/A<\/td>\n65.3%<\/td>\n<\/tr>\n
#2<\/span><\/span> Skillman Forest Park (Garland)<\/a><\/td>\n$158,200<\/strong><\/td>\n17<\/td>\nN\/A<\/td>\n69.2%<\/td>\n<\/tr>\n
#3<\/span><\/span> Walnut Terrace (Garland)<\/a><\/td>\n$145,000<\/strong><\/td>\n25<\/td>\nN\/A<\/td>\n66.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
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\nKaren Nesbit<\/a><\/div>\n

\u201cArapaho Heights has been a popular neighborhood on and off for many decades, and many of the homes are built in the mid-century modern style that is highly favored by current buyers. New industries and businesses continue to pop up in the suburbs north of Dallas, especially Plano, making Arapaho Heights a good spot to buy a home if you want to commute for work up north, but still be within a relatively short drive of downtown Dallas. There are also highly rated schools in this area. You get a nice, old-fashioned feel from this neighborhood, and I’ve noticed that many people who grew up here are flocking back to take advantage of its rising popularity.\u201d<\/i><\/p>\n<\/div>\n

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Denver, CO<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Greenfield (Aurora)<\/a><\/td>\n$455,000<\/strong><\/td>\n42<\/td>\n97.6%<\/td>\n40.9%<\/td>\n<\/tr>\n
#2<\/span><\/span> Old Town (Arvada)<\/a><\/td>\n$343,300<\/strong><\/td>\n9<\/td>\n98.1%<\/td>\n60.0%<\/td>\n<\/tr>\n
#3<\/span><\/span> Athmar Park<\/a><\/td>\n$264,900<\/strong><\/td>\n10<\/td>\n100.2%<\/td>\n77.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
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\nStephanie Collins<\/a><\/div>\n

\u201cThe south Aurora area is growing at a very fast pace, with new homes and amenities like the Trails Recreation Center and Southlands Mall District increasing the popularity. Also, the light rail is just a short drive away, which provides an alternative for an easy downtown commute. Greenfield has a community pool, a playground, tennis courts, a fishing pond and many trails for people wanting the outdoor, active Colorado lifestyle. Located in the highly rated Cherry Creek School district, it’s a prime location–just five minutes away from the Southlands Mall District, with its retailers, movie theater and many restaurant options.\u201d<\/i><\/p>\n<\/div>\n

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Detroit, MI<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Downtown Detroit<\/a><\/td>\n$169,500<\/strong><\/td>\n36<\/td>\n94.6%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Rosedale Park<\/a><\/td>\n$60,000<\/strong><\/td>\n53<\/td>\n93.7%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Palmer Park<\/a><\/td>\n$210,500<\/strong><\/td>\n54<\/td>\n95.4%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nTerry Kaltsas<\/a><\/div>\n

\u201cDowntown Detroit real estate is on the rise and will probably get even hotter when the new arena is done. Little Caesars Arena will house two of Detroit’s sports teams, the Pistons and Red Wings, and will be smack-dab in the middle of a 50-block entertainment district that’s already bursting with new residents and new businesses, all of which will bring a ton of new jobs downtown for residents in the area.\u201d<\/i><\/p>\n<\/div>\n

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Fort Lauderdale, FL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Rock Island<\/a><\/td>\n$130,000<\/strong><\/td>\n50<\/td>\n95.1%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Coral Springs (Coral Springs)<\/a><\/td>\n$242,000<\/strong><\/td>\n75<\/td>\n94.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Broadview Park<\/a><\/td>\n$180,000<\/strong><\/td>\n32<\/td>\n95.7%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nKelly Browning<\/a><\/div>\n

\u201cPart of what makes Rock Island such a hot neighborhood is that it’s close to other really popular areas, like Oakland Park and Wilton Manors, but the homes here are much more affordable. In recent years, there has been an arts and culture revitalization in Oakland Park, with a surge of new restaurants, shops and even a microbrewery. Many of our Redfin buyers look in Rock Island because it’s close to the action but the median sale price is quite a bit lower.\u201d<\/i><\/p>\n<\/div>\n

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Houston, TX<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Spring Branch Central<\/a><\/td>\n$297,500<\/strong><\/td>\n65<\/td>\n93.0%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> San Jacinto (Galveston)<\/a><\/td>\n$163,700<\/strong><\/td>\n62<\/td>\n88.8%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Astrodome-NRG Stadium<\/a><\/td>\n$143,000<\/strong><\/td>\n22<\/td>\n96.8%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nIrma Jalifi<\/a><\/div>\n

\u201cCommute time is on everyone’s mind in Houston. In a city so clogged with cars and jam-packed roadways, a lot of homebuyers really prioritize finding a home in a neighborhood with quick access to nearby areas. Spring Branch Central is a really popular neighborhood for that reason; It sits between the Energy Corridor and downtown Houston and is a relatively short drive from each. The Energy Corridor is growing rapidly and becoming the new energy capital of the world, so Spring Branch Central is an increasingly popular neighborhood for those who work in the energy field.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Las Vegas, NV<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Summerlin<\/a><\/td>\n$264,500<\/strong><\/td>\n78<\/td>\n95.8%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Green Valley Ranch (Henderson)<\/a><\/td>\n$305,000<\/strong><\/td>\n63<\/td>\n96.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Mountain Edge<\/a><\/td>\n$255,000<\/strong><\/td>\n81<\/td>\n96.9%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nChristina Flores<\/a><\/div>\n

\u201cSummerlin is a planned community that is situated right on the edge of Red Rock Canyon. Word is starting to get out that this is a great place to live and I have noticed increased demand in the area. Red Rock Canyon preserve has all kinds of activities for people who love to hike, bike and enjoy nature, and Summerlin has a growing downtown that has a wide variety of shops and restaurants. Developers in the community have been building a mix of different housing options- from luxurious large single-family homes to smaller more affordable condos, making it popular among all kinds of buyers. Developers in Summerlin are poised to add a huge wealth of housing stock to the area over the next few years, with plans to build up to 40,000 more homes, which could nearly double the current population! This anticipated growth is definitely one key reason why Summerlin is attracting a lot of attention right now.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Los Angeles, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Somerset (Glendale)<\/a><\/td>\n$460,000<\/strong><\/td>\n44<\/td>\n100.1%<\/td>\n41.9%<\/td>\n<\/tr>\n
#2<\/span><\/span> Morrison Ranch (Agoura Hills)<\/a><\/td>\n$810,000<\/strong><\/td>\n29<\/td>\n95.8%<\/td>\n40.5%<\/td>\n<\/tr>\n
#3<\/span><\/span> Zaferia (Long Beach)<\/a><\/td>\n$350,000<\/strong><\/td>\n48<\/td>\n97.4%<\/td>\n29.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nJennifer Wenzlaff<\/a><\/div>\n

\u201cSomerset is a sliver of a neighborhood sandwiched between Glendale and Eagle Rock. Eagle Rock was named the second hottest neighborhood back in 2014 and that has certainly proved to be the case. Many buyers are now priced out of the area and Somerset offers more affordable housing options. A good selection of condos to choose from makes it more friendly to first-time buyers and yet it’s still close enough to enjoy Eagle Rock’s quaint downtown on Colorado Blvd. Plus, it has easy access to the 2 Freeway, which is a main artery leading to Downtown L.A. or a great connection the 134 and all of the jobs located in Burbank and the San Fernando Valley.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Miami, FL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Lakes of the Meadow<\/a><\/td>\n$318,200<\/strong><\/td>\n44<\/td>\n95.7%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> West Miami Gardens<\/a><\/td>\n$195,000<\/strong><\/td>\n24<\/td>\n98.8%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Richmond Heights<\/a><\/td>\n$191,000<\/strong><\/td>\n26<\/td>\n96.5%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nJose Medina<\/a><\/div>\n

\u201cThere has been a long-term trend of low inventory for single-family homes in Miami which has driven up prices. Condos are typically more affordable but often-times require high down payments, which many first-time homebuyers can\u2019t compete with. This has resulted in an expansion on the west side of Miami, into areas like West Kendall. Lakes of the Meadow is a well-maintained, established community in Kendall with many single-family homes to choose from. It has risen in popularity in part because there are older homes that have maintained their value, yet aren’t as pricey as new construction homes in other parts of west Miami.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Milwaukee, WI<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Lower East Side<\/a><\/td>\n$216,000<\/strong><\/td>\n87<\/td>\n95.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Fernwood<\/a><\/td>\n$215,000<\/strong><\/td>\n66<\/td>\n94.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Juneau Town<\/a><\/td>\n$202,300<\/strong><\/td>\n82<\/td>\n94.5%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nAshley Lamb<\/a><\/div>\n

\u201cHomebuyers favor the Lower East Side because of its mix of downtown living with a neighborhood feel. The Lower East Side is more affordable than other nearby neighborhoods, so it has become an attractive option for people that want to remain in close proximity to the amenities of downtown living without breaking the bank. Brady Street provides an eclectic mix of boutique shops, restaurants and bars, and the neighborhood has the second-highest Walk Score in Milwaukee.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Minneapolis, MN<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Tangletown<\/a><\/td>\n$395,000<\/strong><\/td>\n28<\/td>\n97.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Kenny<\/a><\/td>\n$305,000<\/strong><\/td>\n25<\/td>\n97.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Holland<\/a><\/td>\n$193,500<\/strong><\/td>\n20<\/td>\n99.9%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nJames Garry<\/a><\/div>\n

\u201cTangletown has a variety of home sizes, prices and styles, which is increasingly appealing to buyers who were previously content to look at the smaller, less varied and more expensive options in nearby southwest Minneapolis and Edina. You also have the gorgeous Minnehaha Creek and bike path right there, which connects residents to Lake Harriet and Lake Nokomis. And, of course, you\u2019re in the city proper with easy access to 35W.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

New Orleans, LA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Treme<\/a><\/td>\n$199,200<\/strong><\/td>\n261<\/td>\n89.3%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Algiers Point<\/a><\/td>\n$290,000<\/strong><\/td>\n163<\/td>\n93.5%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Milan<\/a><\/td>\n$272,000<\/strong><\/td>\n218<\/td>\n92.9%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nCaren Morgan<\/a><\/div>\n

\u201cTreme is definitely becoming an “it” place in New Orleans. It’s right on the border of the French Quarter, but somewhat less expensive and historically not as trendy. The neighborhood boasts a lot of turn-of-the-century homes with beautiful architectural details, which are generally very popular, especially among out-of-state buyers. Older buildings are being renovated with gorgeous modern touches and buyers really appreciate those turn-key properties. Many of the buyers moving to Treme are in search of more affordable city living and don’t want to give up amenities like walkability, great nightlife and superb restaurants. The St. Claude streetcar line is moving into neighboring Lafitte, which makes other parts of the city even more accessible to residents.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Oakland, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Bushrod<\/a><\/td>\n$817,000<\/strong><\/td>\n16<\/td>\n115.7%<\/td>\n34.2%<\/td>\n<\/tr>\n
#2<\/span><\/span> Longfellow<\/a><\/td>\n$700,000<\/strong><\/td>\n20<\/td>\n112.8%<\/td>\n30.3%<\/td>\n<\/tr>\n
#3<\/span><\/span> Trestle Glen<\/a><\/td>\n$1,100,000<\/strong><\/td>\n15<\/td>\n114.5%<\/td>\n41.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nTom Hendershot<\/a><\/div>\n

\u201cBushrod is a quaint enclave of homes with unique character nestled between the more established (and expensive) area of Rockridge and the increasingly trendy hot spot of Temescal. From Bushrod you can walk to some of the Bay Area’s best restaurants on College Ave., such as \u00c0 C\u00f4t\u00e9 and Millennium. It’s also walking distance to either the Ashby or Rockridge BART stations. There’s a joke in this part of town that it’s closer to San Francisco than San Francisco is — you can get to the financial district in under 20 minutes on most occasions. Bushrod isn’t a well-known neighborhood name yet, but it obviously soon will be. Homebuyers come to the area hoping to find something in Rockridge and realize they can have an even better lifestyle at a lower cost in Bushrod. This may not last for long though — one two-bedroom starter home in this neighborhood recently sold for $200,000 over the list price and was off the market in 10 days. There are still deals to be found here however and they will definitely prove to be a great investment.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Orange County, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> West Brea (Brea)<\/a><\/td>\n$600,000<\/strong><\/td>\n41<\/td>\n98.2%<\/td>\n43.7%<\/td>\n<\/tr>\n
#2<\/span><\/span> Northpark Square (Irvine)<\/a><\/td>\n$880,000<\/strong><\/td>\n60<\/td>\n97.2%<\/td>\n34.9%<\/td>\n<\/tr>\n
#3<\/span><\/span> Serrano Highlands (Lake Forest)<\/a><\/td>\n$459,500<\/strong><\/td>\n42<\/td>\n98.8%<\/td>\n42.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nKimberly Rehnquist<\/a><\/div>\n

\u201cBrea in general is rapidly growing in popularity, but the westside has seen a lot more interest since it remains one of the more affordable spots in this highly desirable part of O.C. There’s a good mix of housing types to choose from, including new construction and a few pockets of charming, older homes that can still be had for just over $500,000 — a rarity in Orange County. This part of Brea is also in high demand since it’s close to downtown Brea at the corner of Birch St. and Brea Blvd. Unlike the sprawling Brea Mall, this part of town offers more of a community feel with independently owned restaurants and shops as well as a great farmers market.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Orlando, FL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> South Eola<\/a><\/td>\n$385,000<\/strong><\/td>\n112<\/td>\n92.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Colonialtown North<\/a><\/td>\n$275,000<\/strong><\/td>\n55<\/td>\n95.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Central Business District<\/a><\/td>\n$200,000<\/strong><\/td>\n90<\/td>\n93.2%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nOctavia White<\/a><\/div>\n

\u201cDowntown Orlando has undergone a revitalization recently, and it\u2019s become a place you actually might want to hang out after work, rather than driving back home to the suburbs for dinner. I\u2019ve seen a lot more interest from buyers who want to live a more urban lifestyle; maybe they want to check out a new bar or restaurant for dinner on the weeknight, or visit the farmer\u2019s market over the weekend. As this lifestyle becomes more popular, my buyers have increasingly looked for some of the older condos in South Eola, or some of the single-family homes in neighborhoods like Colonialtown. That neighborhood has also increased in popularity among investors, who can snatch up an affordable single-family home, and either renovate or rebuild it to suit a buyer with a more turnkey experience in mind.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Philadelphia, PA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Spruce Hill<\/a><\/td>\n$415,200<\/strong><\/td>\n29<\/td>\n96.0%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> East Kensington<\/a><\/td>\n$212,000<\/strong><\/td>\n45<\/td>\n95.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Point Breeze<\/a><\/td>\n$178,000<\/strong><\/td>\n44<\/td>\n93.3%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nJimmy Caraway<\/a><\/div>\n

\u201cSpruce Hill is one of the few places in Philly where you can find large Victorian-style homes with lots of character on nice-sized plots of land. Often in other urban neighborhoods in this city, it’s common to see row houses that have no yard, but not the case in Spruce Hill. In addition to those large beautiful older homes, the neighborhood is near both University of Pennsylvania and Drexel University, and the University of Pennsylvania offers a subsidy to people affiliated with the school who move to the area. I’ve noticed more competition in the neighborhood recently and I think it’s a combination of people wanting to up-size and graduate students and professors who are drawn to the proximity of their university jobs.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Phoenix, AZ<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Thunderbird Palms<\/a><\/td>\n$179,700<\/strong><\/td>\n15<\/td>\n96.9%<\/td>\n70.0%<\/td>\n<\/tr>\n
#2<\/span><\/span> Los Vistoso (Chandler)<\/a><\/td>\n$299,900<\/strong><\/td>\n79<\/td>\n96.3%<\/td>\n28.8%<\/td>\n<\/tr>\n
#3<\/span><\/span> The Lakes (Tempe)<\/a><\/td>\n$274,500<\/strong><\/td>\n56<\/td>\n95.0%<\/td>\n31.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nWayne Graham<\/a><\/div>\n

\u201cThe Westside of Phoenix was hit particularly hard during the recession and as a result the recovery has been a bit slower here. Thunderbird Palms is an area where, because of that slow recovery, it’s still possible to purchase single family homes for under $300,000, and I’ve seen interest and competition pick up in this neighborhood recently. Add to that the fact that you are sandwiched between the expanding medical facilities at Banner and ASU West, and you have a neighborhood that’s near a lot of job opportunities.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Portland, OR<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Eliot<\/a><\/td>\n$494,400<\/strong><\/td>\n12<\/td>\n102.5%<\/td>\n74.4%<\/td>\n<\/tr>\n
#2<\/span><\/span> Barclay Hills (Oregon City)<\/a><\/td>\n$284,000<\/strong><\/td>\n16<\/td>\n99.6%<\/td>\n61.7%<\/td>\n<\/tr>\n
#3<\/span><\/span> Downtown Vancouver (Vancouver)<\/a><\/td>\n$240,000<\/strong><\/td>\n19<\/td>\n99.1%<\/td>\n50.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nMichael Morris<\/a><\/div>\n

\u201cAs traffic intensifies in Portland, proximity to downtown and access to public transportation are increasingly important to many buyers. Not only does Eliot have a high Walk Score, with arguably some of the best restaurants in the city peppered throughout, but it\u2019s also right across the river from downtown, has easy access to the MAX line and even has a bike lane running right through the center of the neighborhood (and an impressive Bike Score of 96). Eliot has diverse housing stock with a mix of older renovated homes, new condos, and townhomes, especially along Williams and Vancouver. Those recent housing developments and rehabilitations, along with the many transit options, are making Eliot an especially popular location right now–even though the neighborhood has been garnering attention for a few years.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Queens, NY<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Astoria (New York)<\/a><\/td>\n$736,900<\/strong><\/td>\n68<\/td>\n95.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Bayside (New York)<\/a><\/td>\n$458,000<\/strong><\/td>\n66<\/td>\n95.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Jackson Heights (New York)<\/a><\/td>\n$384,000<\/strong><\/td>\n64<\/td>\n96.2%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nLynn Song<\/a><\/div>\n

\u201cThere’s been an ongoing wave of interest in Astoria over the past couple of years because of its close proximity to Manhattan. The N, Q, R and W Subway lines all go directly into Manhattan. The neighborhood is also relatively affordable and a lot of buyers who have gotten priced out of Manhattan and Brooklyn end up moving here. The neighborhood itself is also chock-full of great bars and restaurants with a variety of different cuisines including Greek, Indian, Mexican, Italian, Japanese and American cuisine. Astoria Park is another feature of Astoria that makes it particuarly desirable; there’s a track for running and it has beautiful views of Manhattan across the water.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Riverside, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Corona Hills (Corona)<\/a><\/td>\n$410,000<\/strong><\/td>\n41<\/td>\n98.4%<\/td>\n42.8%<\/td>\n<\/tr>\n
#2<\/span><\/span> Sunnyslope<\/a><\/td>\n$290,000<\/strong><\/td>\n23<\/td>\n97.9%<\/td>\n50.0%<\/td>\n<\/tr>\n
#3<\/span><\/span> Arlanza<\/a><\/td>\n$295,000<\/strong><\/td>\n40<\/td>\n100.0%<\/td>\n50.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nFrank Byrd<\/a><\/div>\n

\u201cCorona Hills is gaining popularity in the Inland Empire because it is located closer to Orange County and Los Angeles, and homebuyers can purchase large, newly constructed homes for about half the price they would pay for the same place in the O.C. For a while this area didn’t get too much attention because it had poor access to the major commuter freeways of the 91 and the 15, but the recently completed Foothill Parkway Extension has cut that time down considerably. Many of the homes here have mountain views and the neighborhood feels very private and serene — and now it’s got quick freeway access as well.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Sacramento, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Hollywood Park<\/a><\/td>\n$345,000<\/strong><\/td>\n9<\/td>\n100.2%<\/td>\n67.2%<\/td>\n<\/tr>\n
#2<\/span><\/span> Midtown<\/a><\/td>\n$537,500<\/strong><\/td>\n23<\/td>\n100.2%<\/td>\n52.9%<\/td>\n<\/tr>\n
#3<\/span><\/span> Tahoe Park<\/a><\/td>\n$317,700<\/strong><\/td>\n11<\/td>\n99.6%<\/td>\n61.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nMatt Jones<\/a><\/div>\n

\u201cAs people get priced out of other neighborhoods near city center, I’ve seen an increase in interest in Hollywood Park in particular. It’s one of the few neighborhoods that’s in really close proximity to downtown and yet still has some affordable homes available. A lot of the buyers I’ve worked with appreciate the unique older homes there and they are willing to sacrifice certain other amenities (like higher Walk Score ratings) in order to have charming homes with character that are still affordable and just a ten minute commute to some of the hippest areas in Sacramento. While Hollywood Park isn’t necessarily known for its walkability, there is a budding commercial district that I anticipate will continue to grow as the popularity of the neighborhood also increases.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

San Antonio, TX<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Lavaca<\/a><\/td>\n$282,500<\/strong><\/td>\n90<\/td>\n92.7%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Sonoma Ranch (Helotes)<\/a><\/td>\n$352,200<\/strong><\/td>\n69<\/td>\n95.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Mahncke Park<\/a><\/td>\n$343,700<\/strong><\/td>\n82<\/td>\n93.9%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nMelanie Salas<\/a><\/div>\n

\u201cLavaca has always been a go-to neighborhood; in fact, it’s one of the oldest in San Antonio. But lately, it’s been even more popular with all of the transplants moving here from D.C., New York and other big cities. It’s a quiet, quaint neighborhood with a variety of home styles and types, but it’s also really close to downtown so it appeals to those who want access to an urban lifestyle. Many of the families in Lavaca were born and raised there, so there’s a really strong sense of community. The neighbors put on happy hour get-togethers, pub crawls and there’s even a potluck coming up this month.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

San Diego, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Olde Carlsbad (Carlsbad)<\/a><\/td>\n$785,000<\/strong><\/td>\n43<\/td>\n95.2%<\/td>\n32.2%<\/td>\n<\/tr>\n
#2<\/span><\/span> 4s Ranch<\/a><\/td>\n$727,000<\/strong><\/td>\n25<\/td>\n97.6%<\/td>\n51.0%<\/td>\n<\/tr>\n
#3<\/span><\/span> Mt. Soledad<\/a><\/td>\n$1,079,000<\/strong><\/td>\n66<\/td>\n94.4%<\/td>\n25.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nErnie Macmanus<\/a><\/div>\n

\u201cAs prices continue to rise in San Diego and any available homes for sale are typically very expensive, more people are considering a move to the neighboring city, Carlsbad. Olde Carlsbad is particularly popular because it has highly-rated schools, a wide variety of homes at varying price points and it’s situated near a lagoon that is one of the only lagoons in the area where water sports like stand-up paddleboarding and fishing are allowed with a permit. Many of the homes here have ocean views– you can even find condos and townhomes right on the water. For those commuting into San Diego, the Coaster train is a rapid 35-minute commute and doesn’t require braving the traffic.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

San Francisco, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Visitacion Valley<\/a><\/td>\n$750,000<\/strong><\/td>\n34<\/td>\n107.8%<\/td>\n34.8%<\/td>\n<\/tr>\n
#2<\/span><\/span> Excelsior<\/a><\/td>\n$890,000<\/strong><\/td>\n19<\/td>\n111.8%<\/td>\n34.8%<\/td>\n<\/tr>\n
#3<\/span><\/span> Inner Richmond<\/a><\/td>\n$1,751,000<\/strong><\/td>\n20<\/td>\n109.9%<\/td>\n38.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nMiriam Westberg<\/a><\/div>\n

\u201cViz Valley’s hotness is no surprise for one simple reason: it is one of the last places within the city limits of San Francisco where you can still buy a single-family home for less than a million dollars. It’s located in the southernmost part of the city, which makes it easy for commuters to get into the urban core of SF or down the pennisula to Silicon Valley. Bordering the north end of Visitacion is McLaren Park, which is a beautiful outdoor space very popular with the locals. The best part about it is that you can actually enjoy being outdoors more often here since its southerly location means Karl the Fog doesn’t really hang out here that often.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

San Jose, CA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Serra (The Dalles) (Sunnyvale)<\/a><\/td>\n$1,760,000<\/strong><\/td>\n13<\/td>\n106.8%<\/td>\n66.0%<\/td>\n<\/tr>\n
#2<\/span><\/span> Sunnyhills (Milpitas)<\/a><\/td>\n$842,500<\/strong><\/td>\n19<\/td>\n103.0%<\/td>\n55.2%<\/td>\n<\/tr>\n
#3<\/span><\/span> Miramonte-Springer (Mountain View)<\/a><\/td>\n$1,888,000<\/strong><\/td>\n10<\/td>\n107.5%<\/td>\n66.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nKalena Masching<\/a><\/div>\n

\u201cSerra, also known by the name of the main drag that runs through the middle of the neighborhood, “The Dalles,” is gaining more popularity lately as more homebuyers in the Silicon Valley continue to get pushed south of Palo Alto and Los Altos. The neighborhood itself is quiet, comprised of charming single-family homes, and the highly ranked schools are a draw for young families. Although not quite walkable, a quick Uber ride will get you into Downtown Sunnyvale, which has gone through a recent development boom. There’s a Philz coffee there, which is always a sign that a neighborhood is getting more popular, and people flock to Murphy Ave. for the pubs, live music and of course for the Saturday morning farmers market, which is held year-round.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Seattle, WA<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Woodridge (Bellevue)<\/a><\/td>\n$720,000<\/strong><\/td>\n7<\/td>\n106.7%<\/td>\n84.0%<\/td>\n<\/tr>\n
#2<\/span><\/span> Education Hill (Redmond)<\/a><\/td>\n$625,000<\/strong><\/td>\n7<\/td>\n104.6%<\/td>\n81.6%<\/td>\n<\/tr>\n
#3<\/span><\/span> South Park<\/a><\/td>\n$330,000<\/strong><\/td>\n10<\/td>\n104.0%<\/td>\n73.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nLoren Ellingson<\/a><\/div>\n

\u201cWoodridge, which ranked as the eighth hottest neighborhood in the nation in 2015, now ranks second nationally because of its highly ranked schools and convenient location only minutes from downtown Bellevue. Strong price growth in the area over the past couple years hasn\u2019t deterred buyers, and when homes come on the market they are met with multiple offers from well-qualified buyers.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

St. Louis, MO<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Fox Park<\/a><\/td>\n$155,700<\/strong><\/td>\n75<\/td>\n96.4%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Maplewood (Maplewood)<\/a><\/td>\n$150,500<\/strong><\/td>\n44<\/td>\n96.3%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Soulard Historic District<\/a><\/td>\n$234,900<\/strong><\/td>\n88<\/td>\n92.4%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nTamika Evans<\/a><\/div>\n

\u201cAfter losing significant population in the 1990s, Fox Park is now one of the fastest-growing south city neighborhoods in St. Louis. It\u2019s home to small community businesses, local restaurants and is bordered by popular St. Louis neighborhoods such as Compton Heights, Tower Grove East, McKinley Heights and Benton Park. The Fox Park Historic District was entered in the National Register of Historic Places in 1985 and became a City historic district in 2006. The area has rich architectural styles that include Italianate, Second Empire, Eclectic Revivals and Arts and Crafts homes.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Tampa, FL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Seminole\/Riverside Heights<\/a><\/td>\n$68,000<\/strong><\/td>\n49<\/td>\n94.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Jungle Terrace (St. Petersburg)<\/a><\/td>\n$169,700<\/strong><\/td>\n46<\/td>\n95.9%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Historic Kenwood (St. Petersburg)<\/a><\/td>\n$250,000<\/strong><\/td>\n54<\/td>\n94.6%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nBrian Walsh<\/a><\/div>\n

\u201cSeminole\/Riverside Heights is one of the city’s oldest neighborhoods and it’s chock-full of charming bungalows and craftsman-style homes. Front porches, bay windows, red doors, and brick roads characterize this white-hot market of Tampa. Business and infrastructure are booming in the area, while mom and pop shops continue to thrive. Homebuyers looking to buy in this neighborhood will likely encounter busy open houses and bidding wars that lead to homes selling above list price.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

Washington, DC<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Colonial Village\/Sheperd Park (Washington, DC)<\/a><\/td>\n$772,500<\/strong><\/td>\n36<\/td>\n97.5%<\/td>\n44.4%<\/td>\n<\/tr>\n
#2<\/span><\/span> Arlington Heights (Arlington)<\/a><\/td>\n$577,000<\/strong><\/td>\n15<\/td>\n99.0%<\/td>\n50.0%<\/td>\n<\/tr>\n
#3<\/span><\/span> Yorktown (Arlington)<\/a><\/td>\n$857,000<\/strong><\/td>\n30<\/td>\n97.2%<\/td>\n42.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nSteven Centrella<\/a><\/div>\n

\u201cColonial Village and Shepherd Park are two small, adjacent neighborhoods at the far northern tip of D.C. proper. Increasingly, people who bought condos in central D.C. neighborhoods are looking for more space as their families expand, especially now that equity has risen and their debts are lower. What appeals about both areas are the larger lot sizes, the predominance of single-family homes and the suburban feel \u2013 and yet you\u2019re still in the city. That\u2019s hard to find and is currently a big draw. Many of the homes were built mid-twentieth century, so you have solid, classic architecture and lots of all-brick. In fact, D.C. mayor Muriel Bowser moved to Colonial Village in 2015, so maybe she was ahead of the curve.\u201d<\/i><\/p>\n<\/div>\n

<\/h3>\n

West Palm Beach, FL<\/strong><\/h3>\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nMedian Days on Market<\/th>\nAverage Sale-to-List %<\/th>\nHot Homes %<\/th>\n<\/tr>\n
#1<\/span><\/span> Hidden Valley (Boca Raton)<\/a><\/td>\n$429,900<\/strong><\/td>\n87<\/td>\n93.2%<\/td>\nN\/A<\/td>\n<\/tr>\n
#2<\/span><\/span> Boca Raton Square (Boca Raton)<\/a><\/td>\n$380,000<\/strong><\/td>\n66<\/td>\n94.1%<\/td>\nN\/A<\/td>\n<\/tr>\n
#3<\/span><\/span> Boca Greens (Boca Raton)<\/a><\/td>\n$392,500<\/strong><\/td>\n129<\/td>\n93.2%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n
\"\"<\/a>
\nAlex Garcia<\/a><\/div>\n

\u201cHidden Valley area is very popular for a number of reasons. First, this neighborhood has highly rated schools, which have created a lot of demand in the area. It’s also a particularly desirable location because it’s close to several beaches, but still offers easy access to the major roadways that lead to the downtown Boca area, known for its trendy restaurants and nightlife. Mizner park is in the vicinity of Hidden Valley, which is a popular place for shopping, dining and concerts. There are quite a few universities in the area, as well. Homebuyers are drawn to this neighborhood because there is no HOA, which means no additional fees.\u201d<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

2017\u2019s Hottest Neighborhoods move out a step from major city centers.<\/p>\n","protected":false},"author":13507,"featured_media":56297,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[46,45],"tags":[37,32,68],"dashboard":[],"coauthors":[],"class_list":["post-56226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hottest-neighborhoods","category-regional-trends","tag-hottest-neighborhoods","tag-housing-market-tracker","tag-local"],"acf":[],"yoast_head":"\nRedfin Predicts the Hottest Neighborhoods of 2017 - Redfin Real Estate News<\/title>\n<meta name=\"description\" content=\"Want to live in one of the hottest neighborhoods of 2017? 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