Phenom 100, Phenom 300, Legacy 500
Phenom 100 inventory has been cut in half, and pricing continues to climb as we head into the second quarter of 2022. Now at just five listings, current inventory reflects just 1.7% of the active fleet. The drop in inventory took its toll on transactions, with just five sales taking place during Q1. This is well below the two year average of 10 sales per quarter. The limited airplanes that did transact, showed us demand remains strong, with prices jumping 12% in the past 90 days. With inventory depleted and prices continuing to climb, now is a great time to sell your Phenom 100.
Phenom 300 inventory has now dropped over 80% in the past year, causing prices to soar to unthinkable levels. There are currently just four aircraft for sale, down from 24 listings a year ago. Current inventory levels now reflect less than 1% of the active fleet. The lack of options resulted in a drop in transactions, with six sales taking place during Q1. This is half of what sold during Q1 2021. Prices have continued to climb into 2022, now up 34% since bottoming out during 2020. With limited options and prices at incredible levels, now is the time to sell your Phenom 300.
The lack of Legacy 500 inventory resulted in zero transactions during the first quarter of 2022. Inventory has been depleted in this market for a full year now, bouncing between one and two listings, well below the eight aircraft available during Q1 2020. A quarter without a Legacy 500 sale has happened before. The first quarter of 2019 didn’t produce a sale, which was more concerning when there were seven aircraft listed. With buyers actively on the hunt for domestic Legacy 500’s, now is a great time to sell yours.