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.

Elizabeth Rose January 17, 2013 at 04:42 PM
Shhhh!! It's already too crowded!
Sand Man January 18, 2013 at 12:13 AM
"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....
jennifer D. January 18, 2013 at 12:57 AM
This is awesome & great for Somerville! Very happy to read this!
patches January 18, 2013 at 04:00 AM
whatever, hip in old boston is not known to new town tufts kids, give em a break. they bring good to the area.
Courtney O'Keefe January 18, 2013 at 02:27 PM
As a lifelong resident, I am also pretty happy to read this article!
Judy Anderson January 22, 2013 at 03:29 PM
Its a great place to live! :)
kevin slattery January 29, 2013 at 03:30 PM
It would be a better place to live if we had the green line


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something