Based on four categories: on-market listings, sales volume,
median price per square foot, and sale-to-list ratio, the hottest neighborhoods are all seeing shrinking selection,
increasing sales, and increasing prices. Here are the ten hottest
neighborhoods for 2013! California has the Top 7 on the list and
8 out of 10 cities/communities making the grade.
Rank# Metro Area | Neighborhood | Listings | Sales Price
1. Los Angeles
- Highland Park | -48% | +73% | +31%
2.
San Diego- Mira Mesa | -69% +48% | +21%
3. Los Angeles | Faircrest Heights | -63% | +17% | +29%
4.
Los Angeles |
Eagle Rock | -54% | +44% | +11%
5.
Bay Area |
Livermore | -71% | +13% | +20%
6.
Bay Area |
Willow Glen | -60% | +9% | +32%
7.
Los Angeles
| Glassell Park | -64% | +31% | +17%
8.
Chicago |
Logan Square
| -10% | +94% | +20%
9.
Bay Area |
The Mission | -29% | +17% | +80%
10.
Seattle | N. Maple Leaf | -44% | +15% | +22%
Redfin agents cited new restaurants, a hip local vibe, good schools, and convenient commutes among the factors that will drive buyers to these areas.