Issue archive · published Aug 28, 2026
109.4
Normal — week ending Aug 21, 2026
Inside the wide normal band, where history says the asking price — not the market — determines whether a home sells.
A quiet week: up 3.6 to 109.4, well inside the range where the asking price, not the market, decides outcomes. Off-market, 1,215 homes sit dark after failed campaigns — history expects roughly 195 back on the shelf within 13 weeks.
this week
Under 60
60–250 · normal
Over 250
Active $2M+ listings
1,069
Exposed for sale on the measurement Friday.
Contracts, trailing 4 weeks
133
Homes going under contract across the tier.
Waiting off-market
1,215
~195 expected back within 13 weeks.
All issues → · This week’s reading → · Methodology →
Based on information from the Arizona Regional Multiple Listing Service for the period January 1, 1998 through the as-of date. Compiled and analyzed by the author; ARMLS did not produce and does not endorse this analysis.