Historical reading · reconstructed under the published methodology · index live since Aug 2026
January 2024
Arizona’s $2M+ market, scored: 76.7 — Normal
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in January 2024.
76.7
Normal · -30 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
The decline reached its 5th consecutive month. At 76.7, absorption ran at 77% of the market’s own pace over the prior five years — below its recent five-year normal. Against the same month a year earlier the reading was down 30 points. Roughly 1,141 homes were exposed for sale at $2M+, with buyers absorbing about 33 a 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.