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

September 2025

Arizona’s $2M+ market, scored: 97.3 — Normal

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

At 97.3, the month ranks in the 80th percentile of the 21-year reconstruction — firmer than the typical month. Against the same month a year earlier the reading was down 5 points. The tier carried about 1,257 active listings; contracts ran near 35 per 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.