Redfin.com recently released its predicted 2017 Hottest Neighborhoods List for major metropolitan areas across the U.S. One of Sacramento’s neighborhoods came in at #8 on the Top 10 list! In 2016 no Sacramento neighborhood made the Top 10 list.
I have lived in my McKinley Park neighborhood home for decades and plan to stay put for the foreseeable future, so I was not familiar with Redfin.com. A little research via Google was in order. Redfin.com is a Seattle-based residential real estate company that provides web-based real estate database and brokerage services.
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The 2017 Hottest Neighborhoods list was developed by using data from customer visits (page views and favorites) to Redfin.com along with the expertise of local Redfin real estate agents.
Neighborhoods that made the Top 10 list included Hollywood Park in Sacramento which came in at #8. Hollywood Park is located between Freeport Boulevard and 24th Street, south of Sutterville Road.
According to Redfin, Hollywood Park saw home prices rise 30 percent in the last year. The median sale price in Hollywood Park, per Redfin, is $345,000 with a median of 9 days on the market and selling for 100.2% average sale-to-list percentage.
For more information on Sacramento’s Hollywood Park neighborhood check out the Hollywood Park Neighborhood Association website.
Redfin also picked two other Sacramento neighborhoods that are “poised to become some of the most desirable places in 2017”. They are:
- Midtown Sacramento, with a median sale price of $537,500 with a median of 23 days on the market and selling for 100.2% sale-to-list percentage.
Midtown Sacramento is a historical district and neighborhood just east of Downtown Sacramento.
For more information on the Sacramento Midtown neighborhood check out the Midtown Neighborhood Association website.
- Tahoe Park, with a median sale price of $317,700 with a median of 11 days on the market and selling for 99.6% sale-to-list percentage.
Tahoe Park is centrally located in Sacramento, south of U.S. Route 50 at 59th Street.
For more information on Sacramento’s Tahoe Park neighborhood check out the Tahoe Park Neighborhood Association website.
Comments on Redfin.com Sacramento 2017 Hottest Neighborhood List?
Question for homeowners and other residents of Hollywood Park, Tahoe Park and Midtown Sacramento: What is your reaction to your neighborhood being called out in the Redfin.com 2017 Hottest Neighborhoods list?