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

November 2020

Arizona’s $2M+ market, scored: 358.1 — Frenzy

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in November 2020.

358.1 Frenzy · +173 vs a year earlier

ColdNormal · 100 = 5-yr normFrenzy

The frenzy building. Readings left the normal band and would not return for over a year.

At 358.1, absorption ran at 358% of the market’s own pace over the prior five years — running at frenzy pace. Against the same month a year earlier the reading was up 173 points. Roughly 636 homes were exposed for sale at $2M+, with buyers absorbing about 27 a week. This was the frenzy.

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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.