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The 50 Valley neighborhoods most prized by homebuyers in 2018

The 50 Valley neighborhoods most prized by homebuyers in 2018

The 50 Valley neighborhoods most prized by homebuyers in 2018

Home buying in Phoenix is starting to boom, but some areas of town are hotter than others.

To find out where the action is happening, the Phoenix Business Journal teamed with housing industry researchers Metrostudy to reveal the hottest neighborhoods around metro Phoenix. Click on the gallery above to see which Valley neighborhoods rank in the top 50 for overall real estate activity in 2018.

The Metrostudy Heat Index determines the "hotness" of each market by changes in average sale price, sale volume and total transaction volume, as well as new home activity and absorption, where applicable.

The average closing price is for combined attached and detached sales. These numbers represent year to date, as of Nov. 13, 2018, compared with the same period in 2017.

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