Historical reading · reconstructed under the published methodology · index live since Aug 2026
January 2021
Arizona’s $2M+ market, scored: 429.3 — Frenzy
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in January 2021.
429.3
Frenzy · +266 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
The firmest month since the start of the record. 429.3 on the index — running at frenzy pace — the market clearing far faster than its recent normal. Against the same month a year earlier the reading was up 266 points. Roughly 567 homes were exposed for sale at $2M+, with buyers absorbing about 35 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.