piper meridian
Market SNAPSHOT
There are currently 48 aircraft actively for sale globally, which represents 9.1% of the total in-operation fleet. For those evaluating this inventory, the average asking price across available aircraft stands at approximately $1.375 million. In terms of transactional velocity, this market has stayed remarkably steady. The average time it takes for an available aircraft to transition to a new owner, the days on market, is currently 245 days, only a slight, negligible increase from a year ago. Retail sales did slow over the summer months, which is not uncommon for this market and is typically followed by a pickup heading into Q4. Looking back at the historical trends, retail sales have logged just over 4.8 transactions per month, with a peak of 8 aircraft in February 2026. Based on the past twelve months of preowned sales, 55 in total, this gives us a current absorption rate of around 10.5 months. In summary, this is a stable market for the Piper Meridian, and continued strong demand for the type is helping to prop up pre-owned Meridian values. This market is leaning towards a seller's market and I would give it a B market demand rating.
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COMING SOON...
interested in Learning more about this market or discussing your aircraft's value? Let's talk.
Or Contact Kitchel Gifford Directly at
Q3 2026 MARKET SNAPSHOT
Aircraft Market Video
Over the past year, inventory levels have been on the rise, up 16 aircraft from a year ago. Prices have also seen an increase to 1% higher than that of a year ago. Piper Meridians are selling at a slower pace on average than this time last year. The days on market have increased 55% from this time last year. There have been 64 retail sales over the past 12 months, which represents 12% of the 529 Meridians in operation, so transaction volume IS healthy. In addition, Ten of these aircraft have transacted since the beginning of 2026. Based on the recent supply and demand trends, there's currently about 9.1 years of inventory on the market for sale. In summary, this market is Balanced. Although aircraft on the market has increased, overall transaction volume remains high, and prices have seen a slight increase as well.
interested in Learning more about this market or discussing your aircraft's value? Let's talk.
Q1 2026
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Or Contact Kitchel Gifford Directly at
Q1 2026 MARKET SNAPSHOT
Aircraft Market Video
There's currently 41 Piper Meridians for sale, up 2 aircraft from this time last year, a 5% increase that represents 7.8% of the active fleet, which is very healthy. Supply has been very stable. Average asking price is approximately 1.37 million up about 8,000 or essentially flat year over year. Days on market are at 263 days or up 59 days, 29% from a year ago. 62 aircraft traded over the last 12 months, averaging around 5 aircraft per month. That brings absorption rate to 7.9 months based on the 62 pre-owned sales over the last year. Overall, the Piper Meridian is a very stable market right now, inventory is controlled, pricing is going steady, and transaction volume is very strong at 62 deals over the last 12 months. For owners considering a sale, the current fundamentals are very solid and timing is favorable.
Q1 2026
Q2 2026
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Q1 2026
Q2 2026
Q3 2026
Q4 2026
COMING SOON...
interested in Learning more about this market or discussing your aircraft's value? Let's talk.
Or Contact Kitchel Gifford Directly at
Q2 2026 MARKET SNAPSHOT
Aircraft Market Video
