market UPDATE
Inventory levels have decreased 13% from a year ago, and overall levels remain very low at just 5.2%. There has been a slight short-term increase with inventory up 4 units from Q1 to Q2. The average asking price has decreased 7% since the same time last year. The days on market has decreased 9% from this time last year, and is level from Q1. There have been 93 retail sales over the past 12 months. Based on the recent supply and demand trends, there's currently between 6 and 7 months of inventory on the market for sale. This is up about a month from Q1 to Q2. In summary, this market is strong. Aircraft are transacting consistently, and there's great liquidity in this market.
COMING SOON...
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