Historical reading · reconstructed under the published methodology · index live since Aug 2026
September 2023
Arizona’s $2M+ market, scored: 121.3 — Normal
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in September 2023.
121.3
Normal · -29 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
121.3 on the index — above its recent five-year normal. Year over year, the market was cooler by 29 index points. The tier carried about 890 active listings; contracts ran near 32 per week. This was the settling.
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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.