Historical reading · reconstructed under the published methodology · index live since Aug 2026
October 2022
Arizona’s $2M+ market, scored: 130.4 — Normal
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in October 2022.
130.4
Normal · -303 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
At 130.4, absorption ran at 130% of the market’s own pace over the prior five years — above its recent five-year normal. Year over year, the market was cooler by 303 index points. Roughly 836 homes were exposed for sale at $2M+, with buyers absorbing about 18 a 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.