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

February 2025

Arizona’s $2M+ market, scored: 94.7 — Normal

Reconstruction: this reading was computed in 2026 by running the frozen methodology across the historical record. The index did not publish contemporaneously in February 2025.
94.7 Normal · +12 vs a year earlier
ColdNormal · 100 = 5-yr normFrenzy

The index read 94.7, below the fixed 2021–2026 norm — stronger than 78% of all months on record. Against the same month a year earlier the reading was up 11 points. Roughly 1,427 homes were exposed for sale at $2M+, with buyers absorbing about 51 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.