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