Inventory remains depleted in the 45XR market, yet transactions continue to rise as we head into the third quarter of 2022. Similar to last quarter, just two listings remain, representing less than one percent of the active fleet. Eight sales took place during the second quarter, which is the most activity we’ve seen since Q4 2020. The lack of inventory has driven pricing higher for the fifth consecutive quarter, with values now at levels not seen in many years. With no competition and strong demand, now is the perfect time to sell your 45XR.
Prices continue to climb in the 60XR market and inventory remains steady. Similar to the first quarter, inventory remains at nine listings, representing 8.1% of the active fleet. This is elevated from where we started 2021, but well below the 16 listings during Q2 of 2020. There were three transactions during the second quarter, which falls right in line with the two-year monthly average in this market. Prices jumped yet again, with values now up over 70% since bottoming out during 2020. With prices continuing to surge and consistent demand, now is a great time to sell your 60XR.
A lack of inventory is resulting in limited activity in the Lear 75 market. Just two listings in this market, which represents only 1.5% of the active fleet. Inventory has stayed depleted in this market since Q4 of 2021. The lack of inventory has had its impact on transactions, with only one sale taking place during the second quarter. The limited activity did prove pricing is still on the rise, with values up over 20% since the end of 2021. With limited options and strong pricing, now would be a great time to list your Lear 75 for sale.