There's currently two aircraft listed, down 71% from a year ago. That represents just 3.8% of the active fleet. So supply has nearly disappeared from this market. There's been 21 retail transactions with nine of them being pre-owned, pacing at about 1.8 aircraft per month. Buyers are active and they're buying fast. There's 77 days on market is the average, which is down 62% from a year ago. That brings absorption rate to 2.7 months. At the current sales pace, the current inventory will be gone in three months. This is an incredibly strong market, And markets this tight usually don't stay this tight. Supply increases, new models come out, or conditions shift.
COMING SOON...
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