market UPDATE
Over the past year, inventory levels have pulled back, down 2 aircraft from a year ago. Prices saw a pullback in May of last year, and have since remained steady at around 17% less than that of a year ago. The days on market have increased 28% from this time last year. There have been 13 retail sales over the past 12 months, which represents 14.4% of the 90 C2s in operation, so transaction volume IS healthy. 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 normalizing. Although prices decreased in May, they have remained steady since, and overall transaction volume is healthy, indicating appropriately priced aircraft are selling.
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