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

April 2021

Arizona’s $2M+ market, scored: 414.5 — Frenzy

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in April 2021.

414.5 Frenzy · +341 vs a year earlier

ColdNormal · 100 = 5-yr normFrenzy

At 414.5, absorption ran at 414% of the market’s own pace over the prior five years — running at frenzy pace. Year over year, the market was firmer by 341 index points. Roughly 560 homes were exposed for sale at $2M+, with buyers absorbing about 37 a week. This was the frenzy.

All months · May 2021 → · This week’s reading →

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.