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

February 2021

Arizona’s $2M+ market, scored: 478.4 — Frenzy

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in February 2021.
478.4 Frenzy · +329 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

The climb reached its 4th consecutive month. At 478.4, absorption ran at 478% of the market’s own pace over the prior five years — running at frenzy pace. Year over year, the market was firmer by 329 index points. The tier carried about 549 active listings; contracts ran near 47 per week. This was the frenzy.

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.