Market Digest: August 8, 2025

Two cameras worth your attention

Two cameras in excellent condition are up for auction at Summimarket: a silver Leica MP and a Leica M11, ending this Sunday. Don’t miss your chance to get these beautiful cameras at great prices. Both represent serious value and won’t stay at their current levels for long.

Count me in.

Leica MP Silver in Like New Condition

Mechanical Perfection in timeless silver chrome, recently serviced and ready to shoot

View Auction

Leica M11 Black in Mint Condition

The most advanced digital M–complete with box and ready to shoot

View Auction

Market trends and Leica sales from the past two weeks

Over the past two weeks, we tracked 150 Leica camera sales across popular reseller platforms. For a fun visual representation of our growing database, head over to Summimarket.

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

Q Series

Q3:

• Recent sales: $4,412-5,800
• Sweet spot: $5,176 (recent average)
• Down 4.1% from historical average, creating solid buying opportunities

Q2:

• Standard models: $3,000-4,500
• Recent uptick: +7.8% from historical average
• Most active model with 17 sales in two weeks

Q2 Monochrom:

• Recent range: $3,749-5,904
• Premium for the mono crowd at $4,813 average

Original Q:

• Range: $1,600-2,500
• Down 11.1% from historical—excellent entry point
• Average: $1,941 for like-new examples

Digital M Series

M11 Series:

• Current pricing: $5,500-6,745
• Recent average: $6,232 (down 6.2%)
• M11-P commanding serious premiums: $7,150-12,500 range

M10:

• M10R: $4,900-6,485 (actually up 6.6% recently)
• Standard M10: Finding support around current levels
• Monochrom variants: $4,999-5,699

Film M Series

M6 Family:

• Recent sales: $1,800-3,000 range
• TTL variants: $2,350-4,300
• Down 8.7% from historical peaks—timing might be right

Classic Bodies:

• M3: Showing life with +29.1% recent appreciation ($1,195-2,495)
• M4: Up 9.8% to $1,620-2,100 average
• M2: Down 22.4% to $1,100-1,250 (significant opportunity)
• M-A: Recent strength at $4,350-5,199 (+13.5%)

Hidden Market Trends

1. The Q2 Resurgence

While everyone's focused on Q3 pricing, the Q2 quietly posted the strongest performance with a 7.8% increase from historical averages. With 17 sales in two weeks, this model is finding renewed appreciation as users discover the sweet spot between features and value. Current $3,597 average represents solid demand.

2. Film Bodies: The Tale of Two Markets

The film camera market is telling two different stories. While premium models like the M3 (+29.1%) and M5 (+23.7%) continue their upward march, user favorites are hitting reality checks. The M6 dropped 8.7% and the M2 fell 22.4% from historical averages. This isn't market collapse—it's segmentation. Collectors are chasing rare variants while photographers are finding value in everyday shooters.

Have a Leica collecting dust? For a limited time, Summimarket is offering free listings with the ability to set a reserve. Drop us a line or learn more on our website.

Go get your bid on!

Your friends behind the lens,

Summimarket