Historical reading · reconstructed under the published methodology · index live since Aug 2026

April 2023

Arizona’s $2M+ market, scored: 120.8 — Normal

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in April 2023.
120.8 Normal · -290 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

At 120.8, absorption ran at 121% of the market’s own pace over the prior five years — above its recent five-year normal. Against the same month a year earlier the reading was down 290 points. The tier carried about 941 active listings; contracts ran near 38 per week. This was the settling.

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.