Cambridge’s Inman Square topped the list of most competitive neighborhoods in the nation for homebuyers this year, according to a recent Redfin report.

Cities that have become tech hubs like Boston, Portland, Seattle and San Francisco were home to some of the fiercest bidding wars of the year, Redfin reported. Neighborhoods in Denver, Chicago, Los Angeles and Washington, D.C. were also rife with competition.

The rankings looked at the percentage of homes that sold above asking price, how quickly homes went under contract and the percentage of Redfin offers that faced bidding wars. Inman Square ranked in the top spot, where 96 percent of offers written by Redfin agents faced bidding wars. Homes stayed on the market for a median of just seven days and 38 percent of homes sold to cash buyers. The neighborhood boasted a walkability score of 94, attracting buyers to its central location.

“It’s incredibly rare for a home in Cambridge not to get multiple offers. Offering over list price, waiving contingencies – buyers are doing everything they can to compete,” Boston Redfin agent Katie Gustafson said in a statement. “My clients recently won a bidding war in Washington Square (ranked 26th) by agreeing to let the sellers rent their home back for free for two months after closing, giving them a nice cushion to move out of the home and get settled into their new place.”

Neighborhoods near MIT and Harvard and Allston/Brighton are also popular spots, according to the study. “About 80 percent of my clients work in the medical, pharmaceutical, R&D or engineering fields related to the universities and hospitals in the area,” Gustafson said in a statement.

View the full report here.