SEATTLE--(BUSINESS WIRE)--Redfin (www.redfin.com), the customer-first real estate brokerage, and Foursquare (www.Foursquare.com), a city discovery app, today released a list of the 10 cities keeping vinyl music alive. The two collaborated on the list in celebration of today’s Rex Manning Day (a fictitious holiday referenced in the cult classic film “Empire Records”) as well as National Record Store Day on April 18.
Last year, Nielsen tracked a 51.8 percent increase in vinyl sales, proving that the resurgence of record collecting isn't slowing anytime soon.
“Knowing there’s a great bar, theater, restaurant and a good record store nearby all play into people’s decision about what neighborhood they’re going to settle in,” said Travis Thomas, a Redfin real estate agent in Omaha, which was fourth on the list.
Redfin and Foursquare looked at over 60 cities across the U.S. to find areas with the most record shops per capita, then found the record shop with the highest ratings on Foursquare in each city that made the top 10. Redfin also calculated how many records at $20 a piece could be purchased with the median sale price of a home in each city.
Here are the top 10 cities keeping vinyl music alive:
1. Portland, Oregon
2. Chapel Hill/Durham, North Carolina
3.
Las Vegas, Nevada
4. Omaha, Nebraska
5.
Milwaukee, Wisconsin
6. Tampa/St. Petersburg, Florida
7.
Madison, Wisconsin
8. New York, New York
9.
Philadelphia, Pennsylvania
10. Austin, Texas
To read the full report, which includes the ZIP code with the most record shops per capita in each city, the top-rated record shop in each place, the median home price (in dollars and number of records) and insights from local Redfin real estate agents, please visit: https://www.redfin.com/blog/2015/04/top-10-cities-keeping-vinyl-music-alive.html
Methodology
For this report, Foursquare evaluated 60 major metropolitan areas to come up with the 10 that have the most record shops per capita, then found one ZIP code in each area with the highest concentration. Redfin pulled sales information (New York data was pulled from the U.S. Census) for the past year to find the median sale price of homes in each of the 10 ZIP codes, then translated that median price to records using $20 as the average record price. To find the highest-rated shop in each metro area, we used Foursquare’s rating system. Foursquare ratings are numbers, not stars, and take multiple factors into account including likes, dislikes, popularity, loyalty, local expertise and user tips.
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About Redfin
Redfin (www.redfin.com) is a customer-first real estate brokerage that represents people buying and selling homes. Founded by technologists, Redfin employs a team of experienced, full-service real estate agents who are advocates, not salespeople, earning customer-satisfaction bonuses, not just 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, built by its own software engineers, that make the entire process of buying or selling a home easier and more fun. The company serves major markets across the U.S. and has closed nearly $20 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World’s Most Valuable Private Tech Companies by Business Insider.
About Foursquare
Foursquare makes apps that help people experience amazing things around them - Foursquare and Swarm. The city guide app Foursquare learns what you like and leads you to the places you love based on your tastes, where you’ve been, and the friends and experts you trust the most. Swarm, built on Foursquare's pioneering work in real-time location sharing, is the fastest and easiest way to keep up and meet up with friends. Foursquare and Swarm are built on top of Foursquare's location platform, also used by more than 85,000 developers - including some of the most popular apps available - to add location into their apps. Nearly 2 million businesses use the Foursquare tools to attract and maintain valuable customers, ranging from large national brands to small merchants. Foursquare was founded in New York City, and has offices in San Francisco, Chicago, Miami and London.
