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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