Market Digest: June 13, 2025
Market trends and Leica sales from the past two weeks
Market trends and Leica sales from the past two weeks
Over the past two weeks, we analyzed 115 Leica camera sales across popular reseller platforms. The average sale price across the board held steady at $3,801, showing signs of market stability.
For a fun visual representation of our growing database, check out Summimarket.com.
Q Series
The Q series dominated recent sales with 45 transactions, representing nearly 40% of all activity.
- Price range: $4,750-6,540
- 11 sales averaging $5,400
- Strong market acceptance with consistent premium pricing
- New condition units commanding top dollar around $6,500
- Standard models: $2,300-3,425
- 15 sales averaging $2,919
- Most active single model in the entire market
- Excellent value positioning in the Q ecosystem
- Price range: $3,499-5,000
- 4 sales averaging $4,225
- Steady demand from dedicated monochrome enthusiasts
- Price range: $1,699-2,250
- 6 sales averaging $1,983
- Consistent demand for this proven performer
Digital M Series
- Price range: $6,000-9,000
- 6 sales averaging $6,941
- Premium positioning maintained with latest technology
- Strong resale values reflecting current-generation status
- M10: $3,900-6,000 (5 sales, $4,940 average)
- M10 Reporter: $4,600-6,600 (7 sales, $5,264 average)
- M10 Monochrom: $1,569-6,800 (4 sales, showing high variability)
- The M10 series continues to offer excellent value as the mature digital M platform
- M9: $2,450-3,950 (4 sales, $2,875 average)
- M262: $3,100-6,000 (3 sales, showing strong appreciation)
- M8: $2,000-2,050 (3 sales, reliable entry-level pricing)
Film M Series
- Recent sales: $2,390-2,600
- 4 sales averaging $2,484
- Consistent demand for this modern classic with built-in meter
Classic Bodies:
- M3: $1,249-2,995 (3 sales, $1,890 average)
- M2: $1,079-1,850 (3 sales, $1,440 average)
- M4: $1,160-1,350 (2 sales, representing good value)
- M5: $1,000-1,075 (2 sales, attractive entry pricing)
Hidden Market Trends
1. Q2 Finds Its Sweet Spot
After removing outlier sales, the Q2 emerges as a remarkably consistent performer with 15 sales clustered in the $2,300-3,425 range. This tight pricing band suggests the market has found equilibrium for this popular model, making it predictable for buyers and sellers. The days of wild Q2 price swings appear to be settling into a more mature market pattern.
2. The Great Film Surge Has Real Numbers Behind It
Everyone talking about the return of film isn't wrong: Leica sold 10 times as many film cameras in 2023 than it did in 2015. Our sales data confirms this isn't just hype - film M cameras are showing consistent, sustainable appreciation without bubble characteristics. The M6 at $2,484 and M3 at $1,890 represent genuine user demand. The desire to photograph more consciously has been experiencing a real renaissance since the beginning of the 2020s, and it's driven by digital natives, not just nostalgic film legends.
Three cameras to peruse:
Leica M10-P Safari
The M10-P Safari represents one of Leica's most distinctive limited editions, featuring the iconic olive green finish that pays homage to the brand's safari photography heritage. Originally released in limited quantities, this special variant of the M10-P combines the camera's signature silent shutter and improved weather sealing with a finish designed for adventure photography.
While standard M10-P models averaged around $5,190 in recent sales, Safari editions typically command a significant premium due to their limited production run and collector appeal (plus, look at that patina!).
Listed on Fred Miranda for $7,000
Leica Q2
Over the past two weeks, the Q2 has become the market's volume leader, with 15 tracked sales on the second-hand market. After removing outliers, prices cluster consistently between $2,300-3,425, averaging $2,919. This listing is on the higher end of that range but is advertised as in like-new condition and comes with the box and all original accessories.
Listed on Fred Miranda for $3,589
Leica M262
Showing 58% price variability with sales from $3,100-6,000, the M262 represents an intriguing value play in the digital M space. This stripped-down, essentials-focused camera has gained appreciation as photographers recognize its pure shooting experience without modern digital amenities. The wide price range reflects varying conditions and kit configurations, creating opportunities for savvy buyers to find excellent value in this underappreciated digital M.
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.
See you next week!
Your friends behind the lens,
Summimarket
