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Somerville Among Nation's 16 'Hottest Up-and-Coming Neighborhoods,' Says Redfin

The real estate website says Somerville has a "laidback, hipster feel with a lot of great diversity."

 

Redfin, a real estate website, named Somerville as one of the country's 16 "hottest up-and-coming neighborhoods" for 2013, according to a recent post on its blog.

Redfin's post says, "For 16 markets across the country, Redfin’s local real estate agents collaborated with our analytics team to identify the neighborhoods where we expect prices to rise the most this year."

The post continues to say, "What makes a market likely to heat up? Our agents frequently cited new restaurants, a hip local vibe, good schools, and convenient commutes among the factors that will drive buyers to these areas."

In determining "hot" neighborhoods, the online real estate company also crunched some numbers, looking at data about active listings, sales volume, price per square foot, and the ratio of sale price to list price.

You can read the entire Redfin post here.

So, what company is Somerville keeping? Here's the list of the country's 16 hottest up-and-coming neighborhoods:

  • Atlanta: Roswell
  • Austin: Rosedale
  • Boston: Somerville
  • Chicago: Logan Square
  • Dallas: Colleyville
  • Denver: Uptown
  • Los Angeles: Highland Park
  • Philadelphia: Phoenixville
  • Phoenix: Windsor Square
  • Portland: West Haven-Sylvan
  • Sacramento: Folsom
  • San Diego: Mira Mesa
  • East Bay / Silicon Valley: Livermore
  • San Francisco Peninsula: The Mission
  • Seattle: North Maple Leaf
  • Washington DC Area: Pimmit Hills

Redfin also declared 2013's "top three neighborhoods by metro area." In addition to Somerville, it named Medford and Waltham in that category.

On an amusing aside, the blog has photographs of each city and neighborhood mentioned. What's the photograph for Medford? A shot of the Tufts University campus taken at the Powder House Rotary … in Somerville.

Related Topics: Business, Real Estate, and redfin

Elizabeth Rose

11:42 am on Thursday, January 17, 2013

Shhhh!! It's already too crowded!

Reply

Sand Man

7:13 pm on Thursday, January 17, 2013

"A local hip vibe..." Huh?

From polling Tufts students in Davis Square? Give me a break, people! Paris in the twenties was hip. Greenwich Village in the 50s was hip. But Somerville, now?

Unique, yes. Hip, nada.

The so-called "hipness" factor is just so much overheated BS, wishful thinking by breathless newcomers, eager to raise their own visibility quotient, thinking nothing was ever unique in Somerville until they arrived...

Yawn....

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patches

11:00 pm on Thursday, January 17, 2013

whatever, hip in old boston is not known to new town tufts kids, give em a break. they bring good to the area.

Jenn-D

7:57 pm on Thursday, January 17, 2013

This is awesome & great for Somerville! Very happy to read this!

Reply

Courtney O'Keefe

9:27 am on Friday, January 18, 2013

As a lifelong resident, I am also pretty happy to read this article!

Reply

kevin slattery

10:30 am on Tuesday, January 29, 2013

It would be a better place to live if we had the green line

Reply

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