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

August 2024

Arizona’s $2M+ market, scored: 105.3 — Normal

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in August 2024.
105.3 Normal · -24 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

The month climbed back above the tier's five-year norm. The index read 105.3, above the fixed 2021–2026 norm — stronger than 84% of all months on record. Year over year, the market was cooler by 24 index points. Roughly 983 homes were exposed for sale at $2M+, with buyers absorbing about 27 a week. This was the settling.

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 2026-08-30. ARMLS did not produce and does not endorse this analysis.