Redfin is out with its latest predictions for the nation’s hottest housing markets this year, and somewhat surprisingly, Seattle didn’t show up on the list.
All 10 of Redfin’s hottest neighborhoods for home sales in 2018 are in the San Francisco Bay Area, with nine in and around San Jose, as the tech industry continues to juice the real estate scene despite extremely high prices and low inventory of available homes. Each of those 10 neighborhoods sport median sale prices above $1 million. In all but one market, at least 80 percent of sale prices exceeded their original list prices last month.
In a similar list from Redfin mid last year, Seattle’s First Hill neighborhood topped a prediction of the hottest housing markets for the second half of 2017. Redfin makes its predictions by examining recent growth in listing page views and favorites on its site.