What if the results of the NCAA college basketball tournament were based on the “hotness” of each team’s local housing market?
Now we know what that might look like.
Realtor.com teamed up with online ticket marketplace Vivid Seats to find the ZIP code with the most ticket sales for each team in the tournament. Then they evaluated each ZIP code’s real estate “hotness” by measuring Realtor.com page views and the speed of home sales between November 2015 and February 2016. They took the tournament bracket, and resolved each matchup according to which housing market is hotter.
Take a look at the Elite Eight based on their ZIP code hotness score — with 1 being the hottest score — and find out which team is the predicted winner (for real estate, not basketball).
Top ZIP code for ticket sales: 78613 (Cedar Park, Texas)
ZIP code hotness score: 0.933
How quickly homes sell here: 54 days
The Longhorns’ housing market upsets Northern Iowa’s, the University of Wisconsin-Green Bay’s and that of California State University, Bakersfield. In the Elite Eight, it beats Baylor’s housing market before losing to California’s market in the Final Four.
Iowa State’s housing market claims its position in the Elite Eight by defeating the markets of Iona College, the University of Arkansas at Little Rock and Texas Tech University. In the Elite Eight, it beats Middle Tennessee’s housing market, and in the Final Four it beats Michigan’s, to set up a date with California-Berkeley.
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Mark Gibson/Stockbyte/Getty Images, Ethan Miller/Getty Images
University of California, Berkeley Golden Bears
Top ZIP code for ticket sales: 94526 (Danville, California)
ZIP code hotness score: 0.983
How quickly homes sell here: 44 days
Berkeley’s housing market dominates those of the Hawaii Rainbow Warriors, the South Dakota State Jackrabbits, the Kansas Jayhawks and North Carolina-Asheville before defeating Texas in the Final Four.
In the championship matchup, the Berkeley housing market is hotter than the one in Ames, Iowa, so UC Berkeley wins the championship in the March Madness real estate tournament, according to Realtor.com.