Inventory levels have decreased 11% from a year ago, and overall levels remain moderate at 7.3%. Prices are increasing slightly. The average asking price is up 3% since the same time last year. TBM 900s are selling at a much slower pace. The days-on market has increased 49% from this time last year. There have been 14 retail sales over the past 12 months, with three occurring since the beginning of the year. The vintages of aircraft that have sold over the last few months range from 2014 to 2015 models. Based on the recent supply and demand trends, there's currently just under seven months of inventory on the market for sale. In summary, this market is still strong despite a big increase in days on market. Inventory levels are moderate. Overall, I'd categorize the TBM 900 market as a seller's market and give it a B demand rating.
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