Aerista has always been synonymous with great data. Since 2012, we have been collecting the most detailed and granular airplane transaction data in the industry, in order to help our clients better understand the value of the airplane they are buying or selling, and to understand market conditions at a macro level.
AeristaMetrics is the proprietary valuation and market tracking tool that harnesses this data to generate the charts below.
Want an analysis of a certain segment (i.e., SR22T G6) or of your specific airplane?
Contact us to dive into the next level of detail!
CIRRUS SR SERIES - FOR SALE
INVENTORY
Updated: May 23, 2024 10:31 am
MARKET
OBSERVATION
In early 2024, we were lulled into thinking the market had entered a phase where overall inventory levels were stabilizing. Not so. Supply of new listings outpaced demand, so inventory levels rose. The result, of course, has been declining prices. That said, the pace of all these factors has been steady, so price declines have been measured. Though percent of fleet available for purchase is at historic highs, it remains steady in the 5% range.
CIRRUS SR SERIES - NEW LISTINGS
SUPPLY
Updated: May 23, 2024 10:35 am
MARKET
OBSERVATION
The pace of new listings coming to market has been remarkably steady of the past few months. It appears that existing Cirrus owners with orders for 2024 G7s are bringing them to market in an orderly fashion. Unless a supply side shock appears, the data suggests stability in inventory and, as long as demand remains strong, normal price depreciation.
CIRRUS SR SERIES - SOLD
DEMAND
Updated: May 23, 2024 10:43 am
MARKET
OBSERVATION
Baseline demand has reached a new (higher) level. Buyers continue to be drawn into the Cirrus market. This is the good news. The bad'ish news is that new supply is slightly outpacing that higher demand, so prices continue to decline. For buyers, this means they should negotiate hard to get the best price. For sellers, it means they have to price aggressively to compete for buyers' attention. But the sky isn't falling - there are still plenty of buyers for correctly priced units.