This surprising ZIP code has Arizona’s hottest housing market

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 rankingswhich 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.

Read the full subscription story from the Phoenix Business Journal.

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