Market Digest: March 7, 2025
Market trends and Leica sales from the past week
Market Data at Your Fingertips
This week, we analyzed 86 Leica lens and camera sales, adding to our database of nearly 700 verified transactions. If you haven’t already, check out Summimarket.com, where this data comes to life.
Today, Summimarket provides weekly Leica sales trends and data to help you navigate the Leica marketplace, but it’s about to be so much more. Imagine a curated marketplace for Leica enthusiasts that will transform the way you buy and sell Leicas. Join the waitlist to be the first to know when we launch.
Now onto the newsletter — let's dive into what's happening on the market and, more importantly, what it means for you.
Digital M Series
M11 Family:
- Current pricing: $6,900-$7,750
- M11-P: $6,900 for mint examples
- M11-D: Premium at $7,750
- Trend: 10.7% price increase from previous months
M10 Series:
- Standard M10: $3,800-$4,100
- M10-P: $4,700-$5,000
- M10-R: $5,400-$5,750
- M10 Monochrom: $4,600-$5,150
- M10-D: Premium at $6,295
- Prices showing healthy growth (+3.5% overall, M10 standard +20.5%)
Q Series
Q3:
- Price range: $4,800-$7,310
- Sweet spot: $5,500 for units with extras
- Premium for boxed examples: ~$800
- Trend: Q3 prices up 6.2% from historical averages
Q2 Family:
- Standard models: $3,000-$3,699
- Current sweet spot: $3,400
- Q2 Reporter commanding premium at $3,550
- Market stability: Prices showing modest growth (+2.2% from historical)
Original Q:
- Price range: $1,600-$2,800
- Premium for silver variants: ~$300
- Boxed examples fetching $2,800
Film M Series
M6:
- Price range: $2,500-$4,899
- 2022 Reissue: Commanding $4,899
- Classic M6: $2,500-$2,910
- Notable: 9.3% increase from historical average
MP Models:
- Silver variants: $3,650-$4,000
- Black Paint: $4,250
- Values holding steady (less than 1% change from historical)
Classic Bodies:
- M3: $577-$3,900 (condition-dependent)
- Premium for Double Stroke: ~$2,000
- Early serials commanding premium (1954 example: $3,900)
- Notable: 40.6% increase in M3 prices from historical average
Hidden Market Trends
- The Early Week Advantage: Our analysis continues to confirm that Mondays and Tuesdays are the best days for buyers. Sales completed on Tuesdays averaged 50.4% lower than on other days of the week, with particularly significant savings on M10 Series models. This week we observed Tuesday transactions averaging just $2,440 compared to the weekly average of $3,350. This trend has remained consistent over several months, suggesting strategic buyers should focus their purchasing activity early in the week.
- The "Box Premium" Effect: Original packaging continues to command a substantial premium in the Leica marketplace. Our data shows that cameras sold with their original boxes fetched, on average, 23.1% higher prices than equivalent models without boxes. This premium applies consistently across both digital and film cameras, and interestingly, even boxes with visible wear or damage still provide significant value enhancement. For sellers, this reinforces the importance of retaining all original packaging materials.
- Platform Consistency: Unlike previous weeks, where we observed significant price disparities between platforms, this week showed remarkable pricing consistency. eBay sales averaged $3,434 while Fred Miranda transactions averaged $3,283—a difference of less than 5%. This suggests the market is becoming more efficient and transparent. One notable distinction: higher-value rarities and limited editions were still primarily found on eBay, while Fred Miranda continued to be the preferred platform for enthusiast-to-enthusiast transactions.
Three cameras to peruse:
Leica Q3
This Q3 was originally purchased from B&H and comes complete with the original box and accessories.
Find it on Fred Miranda for $4,900
Leica M6 TTL
This M6 TTL is in mint condition and priced in the sweet spot of recent sales.
Leica M10 Monochrom
Based on our data, the M10 Monochrom is maintaining strong demand, with pricing around $5,400. This specialized B&W digital camera has a devoted following and appears to be holding its value well compared to other digital models. This listing is at the higher end of the range but is in excellent condition and comes with extra bits and bobs.
Have a cool camera you’d like featured or one you’re searching for? Let us know!
See you next week.
Your friends behind the lens,
Summimarket
