Transactions have slowed, and Phenom 100 inventory continues to rise as we head into the fourth quarter of 2022. There are now 17 aircraft for sale, up from just 10 listings last quarter. This is the highest level since Q2 2021. After a busy second quarter, transactions also slowed to just six sales during Q3. Even though inventory has surged lately, it’s still worth noting levels are less than half of what was listed two years ago. Pricing has remained steady for three consecutive quarters. With more options to choose from, yet pricing holding steady, this market is balanced for both buyers and sellers.
Phenom 300 inventory remains steady, and transactions have ramped up in the third quarter. There are seven Phenom 300’s for sale, similar to last quarter, and well below the twelve that were listed Q3 of 2021. After a slower second quarter, activity has picked up with eight transactions taking place last quarter. We haven’t seen this much activity since the busy end to 2021. Pricing has risen once again, but this time less significantly than the past few quarters. With limited inventory and strong pricing, it is still a great time to sell your Phenom 300.
There are finally a few Legacy 500’s to choose from, giving buyers some relief from the scarce inventory levels seen for most of the past year. There are now four aircraft for sale, up from just one unit a year ago. Transactions have remained slow, with only one retail sale taking place during the third quarter. That sale makes only two combined retail sales on the year, well behind the seven transactions a year ago by this time. Pricing is still holding strong, now level for three quarters. With a couple more options, and pricing still strong, we consider this market balanced for buyers and sellers.
