The Marta Walsh Index: Normal — week ending Oct 2, 2026

Inside the wide normal band, where history says the asking price — not the market — determines whether a home sells.

At 124.1, no week has read firmer since September 2023. Sellers are still adjusting, though: one in fourteen listings cut its price this week, median 3.0%.

this week

Under 70

70–250 · normal

Over 250

Active $2M+ listings

1,297

Exposed for sale on the measurement Friday.

Contracts, trailing 4 weeks

172

Homes going under contract across the tier.

Cut their price

7.4%

89 of 1,204 active sellers, median cut 3.1%.

Waiting off-market

1,055

~154 expected back within 13 weeks.

All issues → · This week’s reading → · Methodology →

Based on information from the Arizona Regional Multiple Listing Service for the period January 1, 1998 through the as-of date. Compiled and analyzed by the author; ARMLS did not produce and does not endorse this analysis.