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

October 2024

Arizona’s $2M+ market, scored: 85.4 — 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 2024.

85.4 Normal · -25 vs a year earlier

ColdNormal · 100 = 5-yr normFrenzy

At 85.4, absorption ran at 85% of the market’s own pace over the prior five years — a touch below its recent five-year normal. Year over year, the market was cooler by 25 index points. Roughly 1,190 homes were exposed for sale at $2M+, with buyers absorbing about 31 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.