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

January 2025

Arizona’s $2M+ market, scored: 90.3 — Normal

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in January 2025.
90.3 Normal · +6 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

The month slipped under the tier's five-year norm. 90.3 on the index: firmer than the long-run middle, ranking in the 75th percentile of all reconstructed months. Against the same month a year earlier the reading was up 6 points. Roughly 1,328 homes were exposed for sale at $2M+, with buyers absorbing about 45 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.