Phenom 100, Phenom 300
Even with an active fourth quarter, Phenom 100 inventory is still climbing and prices are dropping as we head into the first quarter of 2020. There were an astonishing 17 transactions during Q4 2019, by far the most active quarter we’ve seen in this market. After only producing six sales during the entire first half of 2019, the second half of 2019 produced 27 transactions. A steady stream of new listings has current inventory at 36, the highest we’ve seen in over two years. This rise in inventory has caused pricing to decline significantly. With rising inventory and declining prices, now is a great time to buy a Phenom 100. However, if you’re looking to sell, you won’t have to wait long for a buyer if it’s priced correctly.
The Phenom 300 market continues to show good activity and inventory remains relatively low. Inventory declined in the fourth quarter, now at 16 listings. Only 3.4% of the active fleet is for sale, which is among the lowest of any airframe we track. Demand also remains strong, with Q4 2019 producing nine sales. After only one transaction during Q1 2019, the next three quarters totaled 27 sales, putting 2019 totals ahead of 2018. Pricing did take a small decrease in the fourth quarter, and values seem to have settled back down to where we were before the Q2 2018 pricing increase. Inventory levels and strong demand have been favoring sellers for some time in this market. However, the cooling-off of prices has allowed buyers some favorable opportunities in this balanced market.