market UPDATE
This market continues to tighten with the inventory levels down 42% from a year ago. As you would expect, prices are also increasing. The average asking price has increased 2% over the past 12 months. Challenger 350s are selling at a faster pace. The days on market has also decreased 34% from this time last year. There have been 43 retail sales over the past 12 months, with 13 of them occurring in December. Four additional Challenger 350s, have transacted since the beginning of 2026. The vintages of the aircraft that have sold since the beginning of December range from 2014 to 2020 models. Based on the recent supply and demand trends, there's currently about two months of inventory on the market for sale. In summary, this market is strong. OEM backlog for new Challenger 3500's is helping to prop up the pre-owned challengers. Supply and demand are balanced and in alignment.