market UPDATE
This market continues to tighten somewhat with inventory levels down 35% from a year ago. The average asking price has increased 41% over the past 12 months and the classic 50s are selling at a slower pace. Days on the market has increased 47% from last this time last year. There's been 23 retail sales over the past 12 months, and the vintages of aircraft being sold range from 1981 to 1994 models. Based on the recent supply and demand trends, there's currently about 10 months worth of inventory on the market for sale. In summary, while there has been an increase in asking prices, the market is very active and stable. Aircraft with avionics upgrades and recent 2C or 4C inspections are selling at a premium due to parts and component availability, ever-present corrosion issues, and significant landing gear overhaul backlogs. Supply and demand are balanced and in alignment. Overall, I categorize the Classic Falcon 50 market as a seller's market with recent C-checks and a buyer's market for aircraft with a 2 or 4C come in due in the next three years or less. I still give the Classic 50 market a balanced B demand rating.
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