Inventory levels have decreased 37% from a year ago, and overall levels remain low at just 3.4%. Prices are also decreasing. The average asking price is down 11% since the same time last year. TBM 850s are selling at a slower pace. The days on market has increased 13% from this time last year. There have been 42 retail sales over the past 12 months, with 9 occurring since the beginning of the year. The vintages of aircraft that have sold over the past few months range from 2008 to 2013 models. Based on recent supply and demand trends, there's currently between 3 and 4 months of inventory on the market for sale. In summary, this market is strong. Inventory levels are low, and there's good liquidity. Overall, I'd categorize the TBM 850 market as a seller's market and give it an A demand rating.
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