Historical reading · reconstructed under the published methodology · index live since Aug 2026
September 2021
Arizona’s $2M+ market, scored: 385.0 — Frenzy
Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in September 2021.
385.0
Frenzy · +15 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy
The index read 385.0: the tier was running at frenzy pace — the market clearing far faster than its recent normal. Year over year, the market was firmer by 15 index points. Roughly 519 homes were exposed for sale at $2M+, with buyers absorbing about 25 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.