Inventory levels have decreased 11% from a year ago, and overall levels remain low at 5%. However, the short-term trend does show a significant increase from 11 to 16 since Q1. Prices have decreased slightly. The average asking price is down 2% since the same time last year, but it has bounced back since Q1. The days-on-market has decreased 51% from this time last year, and is down almost 60 days since Q1. There have been 42 retail sales over the past 12 months. Based on recent supply and demand trends, there's currently between 5% 4, and 5 months of inventory on the market for sale. In summary, this market is strong. Inventory levels are low, and there's good liquidity. Overall, I'd categorize the TBM850 market as a seller's market and give it an A demand rating.
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Inventory levels have decreased 37% from a year ago, and overall levels remain low at just 3.4%. Prices are also decreasing. The average asking price is down 11% since the same time last year. TBM 850s are selling at a slower pace. The days on market has increased 13% from this time last year. There have been 42 retail sales over the past 12 months, with 9 occurring since the beginning of the year. The vintages of aircraft that have sold over the past few months range from 2008 to 2013 models. Based on recent supply and demand trends, there's currently between 3 and 4 months of inventory on the market for sale. In summary, this market is strong. Inventory levels are low, and there's good liquidity. Overall, I'd categorize the TBM 850 market as a seller's market and give it an A demand rating.
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