There are currently 5 aircraft actively for sale globally, which represents 5.3% of the total in-operation fleet. For those evaluating this inventory, the average asking price across available aircraft stands at approximately $1.34 million. In terms of transactional velocity, this year's average asking price and days on market figures both moved largely because of two individual transactions, an aggressively priced aircraft that sold in July and a fresh listing that came on at the top of the market in August, rather than a broad shift in the market itself. The average time it takes for an available aircraft to transition to a new owner, the days on market, is currently 249 days. Once you account for those two events, the underlying pace of this market hasn't materially changed. Sales volume has been very light this year, with only two aircraft actually transacting, though both were priced correctly and sold. Looking back at the historical trends, retail sales have logged just over 0.3 transactions per month. That thin level of buying activity gives us a current absorption rate of around 29.4 months. In summary, the TBM 700A market is currently a buyer's market, with low transaction volume giving buyers more leverage than usual, and with the aircraft out of production, the shrinking pool of available units is still giving well-priced sellers some leverage despite the slow pace of transactions. This market is leaning towards a buyer's market and I would give it a D market demand rating.
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Over the past year, inventory levels have risen slightly, up one aircraft from a year ago. With the increase in inventory, average prices have seen a pullback to 14% less than that of a year ago. 700As are showing average days on market of 402 days. However, this is highly influenced by one aircraft that has been on the market for about three years since 2023. Other aircraft that are priced appropriately are selling quickly. There's been a total of eight retail sales over the past 12 months, which represents 8.4% of the 95 700As in operation, which indicates that transaction volume is healthy. Based on the recent supply and demand trends, there's currently about 7.5 months of inventory on the market for sale.
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There's currently 7 TBM 700As for sale, down 1 aircraft from this time last year, a 13% decrease. There's only 95 aircraft in operation, so that represents 7.4% of the active fleet. Average asking price is approximately 1.16 million, down 74,000 or 6% over the last 12 months. So pricing has eased modestly. Days on market are at 331 days, up 136 days, and 70% from a year ago. 5 aircraft traded over the last 12 months, averaging about 1 sale every other month. Transaction activity in 2026 has been quiet. At the current sales pace, absorption is 16.7 months, based on five pre-owned transactions over the last year. The TBM 700A is a small fleet and the metrics reflect that. Only five transactions in the data set. The numbers carry more variability than a larger market would. Deal activity is been quiet in 2026 so far, but this is a proven platform with a loyal owner base. We expect the second half of the year to be more active.
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