Over the past 12 months, the Caravan 208B EX market has remained consistently healthy. Available inventory has declined by three aircraft compared to a year ago, while average asking prices have softened by approximately 6%. As pricing has continued to normalize, tightening inventory and steady buyer activity have supported a market that remains well-balanced for both buyers and sellers. Market activity has remained consistently healthy. Days on market have improved slightly, decreasing by 4 days compared to a year ago. Over the past 12 months, there have been 84 retail sales, averaging approximately 7 transactions per month, with 35 retail transactions already completed in 2026. Buyer demand continues to support one of the most active resale markets in the turboprop segment. Looking at supply and demand, the market is currently carrying approximately 7.5 months of available inventory, an improvement from last quarter. That level of supply continues to support a healthy resale environment. Providing buyers with selection, while allowing well-positioned aircraft to continue attracting strong buyer interest. Overall, the data suggests a market that remains active, disciplined, and well-supported. Buyers in this segment continue to place a premium on aircraft condition, maintenance history, and equipment configuration. Because the fleet benefits from ongoing factory production, differences in avionics, optional equipment, warranty status, and overall presentation can have a meaningful impact on buyer interest and transaction value. Aircraft that are properly maintained and thoughtfully equipped continue to stand out in today's market. Overall, the Caravan 208B EX continues to benefit from the advantages of an in-production platform with strong factory support and consistent buyer demand. Declining inventory, consistent sales activity, and increased and improving supply-demand balance all point to a consistently healthy market that continues to perform well despite modest pricing adjustments. Based on the current market fundamentals, I would assign the Caravan 208B EX an A Market Demand Rating.
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This market is adjusting slightly with the inventory levels up 4 aircraft from one year ago. As you would expect, pricing has adjusted as well, with average prices down about 7% year-over-year. Even with that adjustment, the Caravan 208B EX segment is still moving. Days on market are up roughly 7% over last year, and there have been 98 retail sales over the past 12 months, with 19 of them occurring in December. Eight additional Caravan 208B EXs have transacted since the beginning of 2026. The vintages of the aircraft that have sold since the beginning of December range from 2014 to 2025 models. Based on the recent supply and demand trends, there's currently about eight months of inventory on the market for sale. In markets like this where supply is balancing and transaction activity remains strong, sellers who position early tend to benefit from broader buyer exposure and stronger execution In summary, this market is balancing and continues to be strong. The platform benefits from ongoing production, strong OEM backing, and superior versatility. Overall, I categorize the Caravan 208B EX market as a seller's market and give it an A demand rating.
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Over the past 12 months, inventory on the 208B EX market has remained relatively stable, with an increase of one available aircraft over this time last year. During this same period, pricing has adjusted approximately 9% year-over-year, reflecting a normalization following elevated demand in prior periods. Despite that adjustment, transaction activity remains very strong. Although days on market are up roughly 14% year-over-year, there have been 82 retail sales over the past 12 months. Thirteen of them have occurred so far in 2026, spanning 2015 to 2025 model years, highlighting buyer interest in newer production aircraft, with properly positioned earlier models continuing to attract attention. Based on current supply and demand trends, the 208B EX market contains about 7.8 months of inventory, reflecting a balanced but competitive environment. One thing we continue to see in this market is that buyers are highly focused on maintenance visibility, engine program participation, and overall aircraft configuration. With a newer fleet and more standardized avionics, differences in equipment and condition tend to have a meaningful impact on buyer engagement. In summary, the Caravan 208B EX continues to represent one of the most actively-traded and operationally-relevant platforms in the turboprop market. Supported by ongoing production and a strong OEM backlog, well-positioned aircraft continue to attract consistent buyer interest. Overall, I'd categorize the Caravan 208B EX market as a seller's market and give it an A demand rating.