Price is no object
We're No. 1 is a relative rallying cry — at least when it comes to the Pine Ridge community in Naples. It was named the No. 1 greatest neighborhood in the country in a recent national report.
While that's nice, with a median home price of $632,871, Pine Ridge isn't a place where just anyone can move. Pine Ridge earned its ranking in the 2018 Neighborhood Housing Index from Irvine, Calif.-based real estate data firm ATTOM Data Solutions, for several other reasons, including home appreciation and quality schools.
The median home price appears to be the lowest common denominator in the report, given the difference among the top five ranges from a median price of approximately $200,000 to $800,000. That’s also apparent in the No. 2 neighborhood on the list, Westlake, in Mobile, Ala., with a median home price of $196,179.
What does this all mean, relative to buying and selling homes in a given market? There's a bit of beauty lies in the eye of the beholder, for one. ATTOM Data Senior Vice President Daren Blomquist says in the statement, "The top five neighborhoods in this ranking represent a diverse set of markets across the country, illustrating that great neighborhoods come in many different forms."
2018 Neighborhood Housing Index
Neighborhood Median Home Price
Pine Ridge, Naples $632,871
Westlake, Mobile, Ala., $196,179
Union, San Jose $795,000
Westmoreland, Charlotte, N.C. $326,000
Hunters Hill, Denver $271,000