By Phoenix Business Journal
The hottest housing market ZIP code in Arizona isn’t inside the Phoenix metro. Rather, it’s a couple of hours north in Flagstaff’s 86005.
That’s according to the Business Journals‘ hottest housing markets rankings, which is based on third-quarter listing and sales data from Intercontinental Exchange Inc. The rankings are intended to emphasize sales and pricing momentum in U.S. ZIP codes using a weighted formula that includes quarterly and year-over-year data.
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