Inventory is on the rise, up 4 aircraft from a year ago, with 26 total on the market. This represents about 14% of the 183 total 31As in operation, which is not unusual for a fleet of this age on average 30 years old with an average manufacturer year of 1996. We're seeing steady pricing, up three thousand dollars and hanging in around the 1 million dollar mark. The sales rate has increased dramatically: 31As are selling faster and days on market is down substantially from March of 2025 to 355 days, indicating a significant increase in demand. This is supported by the fact that inventory is moving quite well. 16 total sales in the 31A market, representing 9% of the fleet, indicates aircraft priced correctly are selling. Vintages of the aircraft that have sold span from 1991 to 2001. At this rate there's enough inventory to supply the market for just over a year about 21 months. Overall, the market is strong. We've seen steady pricing as well as significant increase in the transaction rate. Aircraft priced correctly are selling. Right now is a good time for sellers to make a move. So in summary, I'd categorize this market as a strong seller's market and give it an A demand rating.
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