At the start of 2018, Redfin predicted that the 10 hottest housing markets in 2018 would be in San José and San Francisco. Their latest study tests the accuracy of their forecast
Overall, Redfin's January predictions were vindicated. Eight out of the 10 neighborhoods listed had price growth over five percent between December 2017 and July 2018, retaining their "hot" status. San José's Bucknall neighborhood was named number one, and has 6.2 percent price growth, with 89 percent of homes selling for more than their asking price. Second-ranked neighborhood Cambrian, Calif. also saw price growth over six percent.
Below we’ve ranked the top three hottest neighborhoods in each major metro area so you can see what places in your city are likely to be the most popular among buyers for the remainder of 2018. These places were identified using our Hottest Neighborhoods algorithm, which ranks neighborhoods based on increases in favorites and visits to home listings on Redfin.com.