Market Digest: May 30, 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 125 Leica camera sales across popular reseller platforms. Let's dive into what's happening in the market and, more importantly, what it means for you.
Q Series
- Price range: $3,896-6,500
- Recent average: $5,345 (12 sales)
- Market showing stability with consistent premium pricing
- Sweet spot: $5,200-5,400 for excellent condition units
- Standard models: $2,200-5,020
- Recent average: $3,346 (19 sales - highest volume in Q series)
- Significant price variability indicates a condition-sensitive market
- Monochrom variants holding premium at the upper range
- Range: $3,200-4,195
- Shows 7.8% decrease from historical average, presenting buying opportunity
- Limited recent sales suggest selective buyer interest
- Range: $1,800-3,595
- Recent average: $2,351 showing 6.9% increase from historical
- Value continues to appreciate as entry point to Q system
Digital M Series
- Range: $5,299-6,751
- Recent average: $6,039 (4 sales)
- Showing 8.9% softening from historical highs
- M11-P commanding premium at $7,942 average
- Standard M10: $3,500-5,800
- Recent average: $4,425 (7 sales) with 6.1% increase
- M10-R maintaining strong performance: $5,000-9,475 range
- Excellent value proposition as modern digital M entry
- Range: $1,925-3,100
- Recent average: $2,645 (5 sales)
- Continuing to find price floor as older digital option
- Range: $2,850-3,750
- Shows impressive 16.2% increase in recent sales
- Classic CCD sensor driving renewed collector interest
Film M Series
- Range: $2,000-8,000
- Recent average: $3,075 (11 sales - highest film volume)
- Market shows strong breadth from user to collector grades
- Special editions commanding significant premiums
Classic Bodies:
- M3: $1,095-2,835 showing 13.8% increase
- M7: $3,100-4,295 averaging $3,536
- M2: $1,227-1,300 down 24.2% (excellent buying opportunity)
- M4-2: Strong appreciation at +24.3% increase
Hidden Market Trend
The Friday Premium Effect
Data reveals an interesting timing pattern: Friday sales command a 22% premium over the weekly average, with transactions averaging $4,426 compared to the overall $3,629. This suggests serious collectors and investors are making considered weekend purchases, while Wednesday shows the lowest average at $3,141. For sellers, this indicates Friday listings may capture buyers willing to pay premium prices, while bargain hunters should focus their searches mid-week.
While you're searching for next week's opportunities, here are three cameras commanding attention:
Three cameras to peruse:
Leica M8
The often-overlooked M8 is experiencing a comeback, with recent sales averaging $2,600 - a 25.8% increase over historical averages. This listing is in good condition and comes with three batteries, a leather case, and the original box.
Leica M2
The M2 presents solid value, with recent sales averaging $1,259, down 24.2% from historical norms. This represents one of the best entry points into vintage M collecting we've seen. While lacking the M3's prestige or M6's built-in meter, the M2's excellent build quality and classic rangefinder experience make it an outstanding foundation for any film photographer's kit.
Leica Q2 Monochrom
Recent sales for the Q2 monochrome have been between $3,200 and $4,195. At $3,900, this listing is on the upper end, but it is in mint condition and includes a grip, thumb support, and the original box.
Listed on Fred Miranda for $3,900
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
