Inventory has decreased 39% over the past year, signaling tightening supply and that the market is absorbing available aircraft efficiently. Average asking prices have softened 7% over the past 12 months, suggesting that the market is finding a healthier balance that can encourage renewed buyer activity and future price strength. Although average days on market have increased, the recent improvement from peak levels suggest that buyers are becoming more active as the market adjusts to more competitive pricing. 21 retail sales over the past 12 months and sales activity strengthening towards the most recent months, this aircraft continues to demonstrate consistent buyer demand. A rate of 6.9 months indicates a healthy and relatively balanced market. In summary, this is a moderately strong market due to low inventory levels and steady sales pace. Tightening supply being met with steady demand creates this balanced but slight sellers leaning market.
COMING SOON...
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
Over the past year, aircraft inventory has decreased 33%, indicating tightening supply and a controlled decrease in inventory. Average asking prices have declined 15% over the past year, signaling softening pricing to help the market realign with buyer expectations.
Average days on market have decreased 16%, indicating aircraft are selling faster than last year and is a positive sign that buyers are engaging when prices align with expectations. With 16 retail sales in the past year, transaction volume remains modest with bursts of demand, suggesting that buyers are actively buying but selective. With a 9.8 month absorption rate, the aircraft market appears relatively balanced with a sales pace under a year due to less days on market and lower average asking prices. In summary, this is a soft to stabilizing market due to price adjustments and decreasing days on market. Tightening supply and improving demand makes this a slight buyer's leaning market that is trending towards balanced.
Or Contact Katherine Minnehan-Hammons Directly at