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

January 2025

Arizona’s $2M+ market, scored: 81.2 — 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 2025.

81.2 Normal · +5 vs a year earlier

ColdNormal · 100 = 5-yr normFrenzy

81.2 on the index — below its recent five-year normal. Against the same month a year earlier the reading was up 5 points. Roughly 1,328 homes were exposed for sale at $2M+, with buyers absorbing about 45 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.