For 2014, top rated neighborhoods offer affordable prices and short commutes either by car or transit, and a Denver district recently ranked among the nation’s 10 “hottest neighborhoods of 2014” by online real estate service Redfin Corp.
Denver’s City Park neighborhood lands at No. 9 on the list of residential real estate markets nationwide with the greatest growth in popularity over the last four months. On top of allowing a quick 10-minute commute to downtown Denver, this historic area is named for the expansive, 320-acre park that provides the “postcard view” of Denver’s skyline against a mountain backdrop. Some families have lived here for generations, and the area’s varied architecture reflects its rich history.
Seattle-based Redfin says it based the ranking on activities by its website users, “tallying hundreds of millions of pages they visited and homes they added as favorites to monitor for price changes or sales. At the same time we asked hundreds of Redfin real estate agents across the country to share their insights on which neighborhoods are buzzing and why.”
City Park has seen a 276% growth in page views on its site over the last year. Median prices of the neighborhood fall at $394,500.
In the Denver area alone, the other hottest neighborhoods as ranked by Redfin are:
2. Wadsworth Corridor
3. North Kipling
4. Applewood Valley