The Gulfstream GIV-SP market is showing a noticeable increase in available inventory, while transaction activity has cooled considerably from its spring pace. The market remains active overall, with 23 aircraft changing hands during the past six months, but the recent combination of rising supply and slower monthly sales is creating a more competitive environment for sellers.
Fleet Size and Availability
There are currently 33 Gulfstream GIV-SPs available for sale, representing 11.5% of the fleet.
Inventory declined steadily earlier this year, moving from 33 aircraft in February to 29 in March and 25 in April, where it remained through May. That trend has since reversed. Availability increased to 28 aircraft in June and 34 in July, bringing supply back near its February level.
At 11.5% of the fleet, the GIV-SP currently offers buyers a relatively large selection of aircraft and puts greater pressure on sellers to differentiate their aircraft from competing listings.
Market Listings
Current asking prices range from $2.595 million to $6.8 million, compared with a six-month sold price range of $2.5 million to $5.9 million.
Current listings average 195 days on market, while aircraft sold during the past six months averaged 272 days on market. Interestingly, current inventory is younger from a DOM perspective than the aircraft that recently sold. This could indicate that some older inventory successfully cleared the market during the spring’s stronger transaction period while newer listings have since replenished supply.
Sales Activity
There have been 23 retail sales during the past six months, including 8 off-market transactions, representing 8.0% of the fleet.
Monthly activity accelerated significantly during the spring. After no recorded sales in February and three in March, eight aircraft sold in April and another eight in May. Activity then slowed considerably, with only two transactions in June and two more in July.
The 16 transactions completed during April and May account for nearly 70% of the entire six-month sales total, making the recent slowdown worth watching.
Key Takeaways
• 33 aircraft are currently available, representing 11.5% of the fleet.
• Inventory has reversed its spring decline and moved sharply higher entering the summer.
• 23 aircraft sold during the past six months, including 8 off-market transactions.
• Sales slowed to just 2 aircraft in both June and July, following 8 transactions in each of April and May.
• Current listings average 195 DOM versus 272 days for recently sold aircraft.
• Asking prices extend to $6.8 million, above the six-month sold range high of $5.9 million.
Key Insight
The GIV-SP market appears to have shifted from spring momentum toward greater buyer leverage. Strong April and May transaction volume helped absorb inventory, but that progress has since reversed as supply increased and monthly sales slowed. With more than 11% of the fleet currently available, sellers entering the market are competing against a substantial number of alternatives. Pricing, maintenance status, engine condition, refurbishment quality, and overall presentation will be increasingly important if an aircraft is expected to stand out and transact without accumulating significant days on market.
