There's currently 31 M350s for sale, representing 14.6% of the active fleet. That's up 15% from a year ago, meaning supply has increased modestly over the last 12 months. Average asking price has increased by around $130,000 over the last year, a gain of 10%. The market is currently averaging around $1.37 million. That upward trend in pricing, despite increased supply, reflects strong underlying demand for this model. The market is moving at 3.8 aircraft per month, or 46 aircraft in the last 12 months. That brings absorption rate to 10.6 months, which is strong. At the current pace of sales, it would take just under 11 months to clear the existing inventory. Overall, this is a healthy, active market. Pricing is trending upward and transaction volume is strong. For owners considering a sale, conditions are favorable. Buyers are active and willing to pay current market values.
COMING SOON...
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Over the past year, inventory levels have been on the rise, up 2 aircraft from a year ago. Prices have seen an increase of 12% over the same time period. 350s are selling slightly slower than this time last year, with days on market increasing just 18%. There have been 45 retail sales over the past 12 months, which represents 21.3% of the 211 M350s in operation, with 32 of those being pre-owned aircraft. Based on the recent supply and demand trends, there's currently about 11 months of inventory on the market for sale. In summary, this market is strong. Prices have increased slightly from a year ago, and overall transaction volume is healthy. Right now is a good time for both buyers and sellers to make a move.
Or Contact Kitchel Gifford Directly at