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

July 2026

Arizona’s $2M+ market, scored: 111.6 — 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 2026.
111.6 Normal · +24 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

The month climbed back above its trailing five-year norm. 111.6 on the index — a touch above its recent five-year normal. Against the same month a year earlier the reading was up 24 points. Roughly 1,134 homes were exposed for sale at $2M+, with buyers absorbing about 31 a week. This was the settling.

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.