Historical reading · reconstructed under the published methodology · index live since Aug 2026
July 2024
Arizona’s $2M+ market, scored: 82.7 — Normal
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in July 2024.
82.7
Normal · -29 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
At 82.7, absorption ran at 83% of the market’s own pace over the prior five years — below its recent five-year normal. Year over year, the market was cooler by 29 index points. The tier carried about 985 active listings; contracts ran near 23 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.