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Fox Chapel tops Pittsburgh’s hottest housing markets for second quarter

Fox Chapel tops Pittsburgh’s hottest housing markets for second quarter Home prices in general have risen dramatically over the past five years, but some ZIP codes have seen significantly more momentum than others. (Ja_inter via Getty Images)

Fox Chapel was the hottest housing market in the Pittsburgh metro for the second quarter.

That’s according to The Business Journals’ latest quarterly analysis of the country’s hottest housing markets based on listing and sales data from Intercontinental Exchange Inc.

The ranking is intended to emphasize sales and pricing momentum in each ZIP code, using a weighted formula that includes quarterly and year-over-year data. Only ZIP codes with complete data, an average sales price of at least $425,000, and at least 10 sales during the quarter were considered for the ranking.

Click here to read more from our partners at the Pittsburgh Business Times.

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