There has been much discussion as to the validity and importance of a disaggregated framework for analysis in the housing market. This paper, with data from a recent survey in Glasgow, is an analysis, first, of the ways in which neighbourhoods are perceived and shows that residents have widely differing perceptions as to the extent and distinctive features of their own neighbourhood. Second, the importance of neighbourhoods in structuring the process of search in the housing market and residential mobility is demonstrated. The paper concludes with suggestions as to ways in which neighbourhoods ought to be incorporated into urban analyses.