Historical reading · reconstructed under the published methodology · index live since Aug 2026
July 2022
Arizona’s $2M+ market, scored: 171.6 — Normal
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in July 2022.
171.6
Normal · -229 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
The decline reached its 5th consecutive month. At 171.6, absorption ran at 172% of the market’s own pace over the prior five years — firm. Year over year, the market was cooler by 229 index points. The tier carried about 723 active listings; contracts ran near 18 per week. This was the frenzy.
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Readings before August 2026 are reconstructions under the published methodology; the index did not publish contemporaneously before then. Based on information from the Arizona Regional Multiple Listing Service, 1998 through 2026-09-01. ARMLS did not produce and does not endorse this analysis.