Used Piston Single Inventory Trend Shifts Upward
The new Sandhills Global market report covering March data for used piston single aircraft on Controller.com and other Sandhills platforms shows inventory levels trending sideways, with an increase of 9.08% month over month and a decrease of 17.75% year over year.
Asking prices increased slightly in March compared to February, up 0.34%, and remained steady with no YOY change. “Inventory levels have yet to transition to an upward trend overall, but we are seeing month-over-month improvements in used turboprops and piston single aircraft,” says Controller Department Manager Terrin Mohl. “We expect more inventory and sales as the spring season unfolds.”
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