News Feed Item

Redfin Unveils Top 10 Neighborhoods for Green Homes

With Earth Day just around the corner, today Redfin (www.redfin.com), a full-service real estate brokerage, released a list of 10 neighborhoods across the U.S. with the largest number of green homes, and a list of the top green neighborhoods within 20 major metropolitan markets. To compile the list, Redfin data scientists searched through homes for sale on Redfin.com to find those with “green” features mentioned in the listing.

Today Redfin, a real estate brokerage, released a list of the top 10 neighborhoods for green homes.  ...

Today Redfin, a real estate brokerage, released a list of the top 10 neighborhoods for green homes. The report looked at the number of homes for sale with green features, like solar panels. (Photo: Business Wire)

Green features include solar panels, low-flow faucets, dual-pane windows, energy-efficient appliances, environmental ratings such as ENERGY STAR® and LEED, which stands for Leadership in Energy and Environmental Design, and green home building projects like “Built Green” in Colorado or “Green Built” in Washington. The ranking is based on the proportion of “green” listings out of total listings in the neighborhood over the past two years.

Here are the 10 neighborhoods with the largest number of green homes:

Ranking       Neighborhood       Metropolitan Area       % of Listings with Green Features
1       Valley View       Chicago, IL       39%
2       Mueller/RMMA       Austin, TX       39%
3       Carpenter Village       Raleigh, NC       37%
4       Downtown Bellevue       Seattle, WA       36%
5       Downtown Denver       Denver, CO       32%
6       Downtown Woodstock       Atlanta, GA       31%
7       Galindo       Austin, TX       30%
8       Columbia City       Seattle, WA       30%
9       Overlook       Portland, OR       26%
10       Briar Chapel       Raleigh, NC       26%

Austin, Raleigh and Seattle each had two neighborhoods on the top 10 list, showing just how prevalent eco-friendly homes are in those areas. The analysis also revealed:

  • Green homes sell for more: Overall, the median sale price of homes with green features was $47,600 higher than for homes without green features.
  • Green homes aren't always new homes: Many downtown areas have newly constructed condo buildings that are LEED certified, which may be why four downtown areas made the top 10 list. But while green homes for sale are on average six years newer than non-green homes, the majority of green homes were not new construction.
  • Seattle came out on top: Seattle had 20 neighborhoods where 10% (or more) of the homes for sale had green features, followed by Austin, with seven neighborhoods, and Houston, with six.

Redfin also determined the neighborhoods with the largest number of green homes in 20 major metropolitan areas. In some cities there was no distinguishable second or third place, in which case only the top neighborhood was named:

Metropolitan Area       Neighborhoods
AZ | Phoenix 1. Moon Valley
2. Dobson Ranch
        3. McCormick Ranch
CA | Los Angeles 1. Yucca Corridor
2. Route 66
        3. Portola Springs
CA | Riverside       1. Monterey Country Club
CA | Sacramento       1. Downtown Sacramento
CA | San Diego 1. University Commons
2. Leucadia
        3. Allied Gardens
CA | Ventura       1. RiverPark
CO | Boulder       1. Palo Park
CO | Denver 1. Downtown Denver
2. Hale
        3. Lowry
DC | Washington 1. Braddock Road Metro
2. Shirlington
        3. Baileys
GA | Atlanta 1. Downtown Woodstock
2. Grant Park
        3. Ormewood Park
IL | Chicago 1. Valley View
        2. Humboldt Park
MA | Boston 1. Belvidere
2. Roslindale
        3. Jamaica Plain
MD | Baltimore       1. Hickory Ridge (Columbia)
NC | Raleigh 1. Carpenter Village
2. Briar Chapel
        3. Village Square at Amberly
NV | Las Vegas       1. Del Webb Anthem
OR | Eugene 1. Santa Clara Community
        2. Fox Hollow
OR | Portland 1. Overlook
2. Pearl District
        3. Concordia
PA | Philadelphia 1. Byberry
2. Somerton
        3. Fishtown
TX | Austin 1. RMMA/Mueller
2. Galindo
        3. Rosedale
TX | Houston 1. Cottage Grove
2. Downtown Houston
        3. Eagle Springs
WA | Seattle 1. Downtown Bellevue
2. Columbia City
        3. Willow-Rose Hill

“This is a list every homeowner can have an effect on by upgrading their home with eco-friendly features,” said Julie Jacobson, a Redfin real estate agent in Los Angeles. “Examples include low-flow faucets, showerheads and toilets, which dramatically reduce indoor water use; dual-pane windows and insulation, which reduce energy use by helping to seal in conditioned air; and ENERGY STAR appliances, which save both water and energy. All of these features reduce your home’s impact on the environment. Going green also means saving money on monthly bills, especially when you take advantage of the various rebates and tax incentives available; it can really be a win-win.”

For more information on how to make your home more green, check out the following guest post from Jacobson: http://blog.redfin.com/blog/2014/04/15-tips-to-make-your-home-more-green.html

To read the full report, click or paste the following link: http://blog.redfin.com/blog/2014/04/top-10-neighborhoods-for-green-homes.html

Connect with Redfin

Download the Redfin mobile app

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not salespeople, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more fun. The company serves 23 U.S. markets and has closed more than $13 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.