PORS9 ... World's Largest Porsche® Registry and Owner Network

PORS9 Market Update May 2019

 

CBA May 2019 Porsche Market Update

More Inventory Moving to 180+ Days

 

Spring has been considered selling season for houses, cars and boats … for Porsche’s spring has not sprung in 2019. While some models are selling OK … many are sitting, moving into long term inventory – not by choice. As the summary table below shows the vehicles in the PORS9 database which are still on the market are aging. And because we track by VIN, cars which move around between dealers to stay fresh cannot hide their on the market age.

We thought the price expectations gap appeared to be narrowing leading to more cars selling and leaving the market … but it seems more so what we are seeing is sellers either removing their cars from the market or simply holding off selling altogether. New cars on the market are down and cars on the market 180+ days are up. Less cars coming in and more aging. Asking prices are off a little but not enough to on net clear the inventory.

We collect daily market data on PORS9 Registry models (by VIN) which we summaraize and share in a monthly blog post which we believe is useful as a barometer for the market and its direction over time. Current month data consists of publicly offered examples tracked individually for their time on the market and price as of May 31 2019. Price data is asking.

    Data as of May 31, 2019 – Units/Days on Market/Prices

May-19 180+ 90-180 <90 Total Units Average Ask Average Miles
918 Spyder Base 3 1 4 8 $1,539,778 1,101
918 Spyder Weissach 6 1 1 8 $1,666,232 2,602
Carrera GT 5 4 6 15 $886,052 3,691
911 R 4 0 3 7 $325,697 440
997 Speedster 3 1 2 6 $255,956 7,461
997.1 GT3 6 7 10 23 $99,770 24,636
997.2 GT3 11 2 13 26 $113,893 18,000
991.1 GT3 27 34 83 144 $134,435 11,792
997.1 GT3 RS 11 3 7 21 $165,697 14,183
997.2 GT3 RS 9 7 20 36 $179,833 14,057
997 GT3 RS 4.0 1 3 2 6 $457,940 5,066
991.1 GT3 RS 54 33 82 169 $192,074 4,225
997 GT2 6 4 6 16 $227,241 10,507
997 GT2 RS 4 1 3 8 $444,805 5,168
997.1 Turbo 37 31 116 184 $77,288 36,528
997.2 Turbo 16 8 37 61 $91,455 30,205
997 Turbo S 12 12 59 83 $102,869 21,608
Total 215 152 454 821



    Data as of May 31, 2019 – Days on Market/Percentages

May-19 180+ 90-180 <90 Total Units
918 Spyder Base 38% 13% 50% 100%
918 Spyder Weissach 75% 13% 13% 100%
Carrera GT 33% 27% 40% 100%
911 R 57% 0% 43% 100%
997 Speedster 50% 17% 33% 100%
997.1 GT3 26% 30% 43% 100%
997.2 GT3 42% 8% 50% 100%
991.1 GT3 19% 24% 58% 100%
997.1 GT3 RS 52% 14% 33% 100%
997.2 GT3 RS 25% 19% 56% 100%
997 GT3 RS 4.0 17% 50% 33% 100%
991.1 GT3 RS 32% 20% 49% 100%
997 GT2 38% 25% 38% 100%
997 GT2 RS 50% 13% 38% 100%
997.1 Turbo 20% 17% 63% 100%
997.2 Turbo 26% 13% 61% 100%
997 Turbo S 14% 14% 71% 100%
Total 26% 19% 55% 100%



    Data as of May 31, 2019 – 30 Day Change Days on Market/Prices/Units/Percentages

30 Day Delta 180+ 90-180 <90 Total Units Average Ask Average Miles
918 Spyder Base -1 1 -1 -1 $(9,970) (690)
918 Spyder Base -25% -20% -11% -1% -39%
918 Spyder Weissach 0 0 -1 -1 $12,759 104
918 Spyder Weissach 0% 0% -50% -11% 1% 4%
Carrera GT 1 1 -2 0 $17,275 (1,052)
Carrera GT 25% 33% -25% 0% 2% -22%
911 R 1 -1 -4 -4 $7,700 41
911 R 33% -100% -57% -36% 2% 10%
991.1 GT3 8 7 -11 4 $(1,809) 118
991.1 GT3 42% 26% -12% 3% -1% 1%
991.1 GT3 RS 14 0 -11 3 $(3,561) 131
991.1 GT3 RS 35% 0% -12% 2% -2% 3%
997 GT2 0 2 -1 1 $1,961 466
997 GT2 0% 100% -14% 7% 1% 5%
997 GT2 RS 3 0 -2 1 $- (585)
997 GT2 RS 300% 0% -40% 14% 0% -10%
997 GT3 RS 4.0 0 2 0 2 $(5,660) (458)
997 GT3 RS 4.0 0% 200% 0% 50% -1% -8%
997 Speedster 1 1 -1 1 $(27,002) (995)
997 Speedster 50% -33% 20% -10% -12%
997.1 GT3 RS 2 -2 2 2 $(9,975) 609
997.1 GT3 RS 22% -40% 40% 11% -6% 4%
997.1 GT3 3 -1 2 4 $569 (951)
997.1 GT3 100% -13% 25% 21% 1% -4%
997.1 Turbo 7 5 13 25 $1,179 (115)
997.1 Turbo 23% 19% 13% 16% 2% 0%
997.2 GT3 RS 0 -3 4 1 $(1,563) (230)
997.2 GT3 RS 0% -30% 25% 3% -1% -2%
997.2 GT3 3 0 -6 -3 $(512) (275)
997.2 GT3 38% 0% -32% -10% 0% -2%
997.2 Turbo 7 -2 2 7 $(1,766) (135)
997.2 Turbo 78% -20% 6% 13% -2% 0%
997 Turbo S 3 3 5 11 $(1,058) 1,543
997 Turbo S 33% 33% 9% 15% -1% 8%
Total 52 13 -12 53
Total 32% 9% -3% 7%



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