Market Digest

Market Digest: April 11, 2025

Market trends and Leica sales from the past two weeks

Market trends and Leica sales from the past week

Over the past two weeks, we analyzed 101 Leica camera sales across popular reseller platforms. For a fun visual representation of our growing database, check out Summimarket.com.

Let's dive into what's happening on the market and, more importantly, what it means for you.

Q Series

Price range: $4,600-5,500
Sweet spot: $5,000 (like-new examples)
Market stabilizing since January

Q2:

Standard models: $2,995-3,400
Monochrom variants: $3,800-4,600
Value add: Thumb grips/accessories ($200-300)

Original Q:

Standard range: $1,575-2,200
Value packages: $2,250 (with extras)

Digital M Series

M11 Series:

Current pricing: $6,600-7,250
Two-week trend: $6,675-7,200
Sweet spot: $6,800 for excellent condition units

M10 Series:

Standard M10: $3,750-4,200
M10-P: $4,500-5,000
M10 Monochrom: $5,400-5,800

Film M Series

M6 Variants:

2022 Reissue: Holding steady at $4,100 (with warranty)
Premium variants: 0.85 viewfinder models commanding premium prices
Standard models: $2,100-2,800

Classic Bodies:

M4-P: $2,200
M3: $1,800-2,500 (condition-dependent)
M2: $1,750-2,200

SL System

SL Series:

SL2: Stabilizing around $2,000-2,200
Original SL: Finding its floor around $1,350-1,500

Hidden Market Trends

1. The "Box Gap" Phenomenon

Our analysis reveals a 20% premium for cameras sold with their original packaging. Even damaged boxes are adding 8-10% to final sale prices. This gap is particularly noticeable with the M10 series, where complete kits with boxes are selling for around $4,200 compared to body-only options without packaging at approximately $3,500. If you're selling, don't discard that box—it's worth more than you might think.

2. The Monday Morning Advantage

Monday listings continue to offer significant value, with prices averaging 18% lower than other days of the week. This pattern is most pronounced in the $2,000-4,000 range, particularly with M10 and Q series cameras. A recent example highlights this trend: an M6 sold on a Monday for just $2,099, while comparable weekend sales averaged $2,600. If you're hunting for deals, set your alarm for Monday morning.

3. Classic Film Bodies Heating Up

We're seeing renewed interest in classic film bodies, with M3 prices climbing 8% since December. M4-P models are showing particularly consistent demand, settling around the $2,200 mark regardless of minor cosmetic variations. The best value opportunity currently lies in unserviced examples that could benefit from a CLA service—these can often be acquired at a discount and restored to excellent working condition.

While you're waiting for Monday's listings, here are some of this week's finds: