Inventory levels have decreased 5% from a year ago, and overall levels remain low at just 3.7%. The short-term trend is also positive. Inventory is down from 23 to 20 units since Q1. Prices are increasing. The average asking price is up 8% since the same time last year. The days-on-market continues to rise. It has increased 43% from this time last year, and is also up over 30 days from Q1. There have been 38 retail sales over the past 12 months. Based on the recent supply and demand trends, there's just under seven months of inventory on the market for sale. This represents a slight improvement from Q1. In summary, this market is strong. Inventory levels are low, and there's good liquidity.
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Inventory levels have increased 28% from a year ago, and overall levels remain low at just 4.2%. Prices are increasing. The average asking price is up 15% since the same time last year. PC12-45s are selling at a slower pace. The days-on-market has increased 27% from this time last year. There have been 38 retail sales over the past 12 months, with just 2 occurring since the beginning of the year. The vintages of aircraft that have sold over the past few months range from 2001 to 2005 models. Based on recent supply and demand trends there is currently between 7 and 8 months of inventory on the market for sale. In summary, this market is strong. Inventory levels are low, and there's good liquidity.
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