Over the past 12 months, inventory has dropped sharply, at 75%, indicating a tightening supply and a potentially strengthening market. Despite tightening inventory, average asking prices have decreased 20%. Average days on market have risen sharply to 203 days. Indicating a more deliberate buyer pull. With past year, transactions remain modest, showing steady demand for this aircraft. With an absorption rate of 2 months, the market shows very tight supply relative to transaction pace, indicating strong demand in a seller's leaning environment. In summary, this is a strong market due to the low inventory and price decreases. Tightening supply and strong demand create a seller's market.
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Or Contact Katherine Minnehan--Hammons Directly at
COMING SOON...
Or Contact Katherine Minnehan--Hammons Directly at
COMING SOON...
Or Contact Katherine Minnehan--Hammons Directly at