Market Digest: May 9, 2025
Market trends and Leica sales from the past week
Market trends and Leica sales from the past week
Over the past week, we analyzed 51 Leica camera sales across popular reseller platforms. For a fun visual representation of our growing database, check out Summimarket.com.
Q Series
- Standard models: $3,992-5,700
- Sweet spot: $4,600-5,700 (like-new examples)
- Standard models: $3,250-3,850
- High price variability across conditions
- Value add: Extra batteries and accessories ($200-300)
- Consistent demand for standard models with complete kits
- Standard range: $1,700-2,000
- Buyers favoring models with extra batteries/accessories
- Value packages: $2,000-2,400 with extras
Digital M Series
- Current pricing: $6,199-6,700
- Sweet spot: $6,500 for excellent condition units
- Notable: 17.2% price increase across all Digital M models
- Standard M10: $4,099-4,549
- Consistent pricing across platforms
- Value opportunity: Well-maintained examples with complete accessories
- Price range: $2,003-2,800
- M-P 240 variants: $2,780-2,850
- Value opportunity: Standard M240s at $2,000-2,300
Film M Series
- Standard models: $2,808-3,500
- Note: 4.3% price increase across the Film M category
- Condition and accessories significantly affect pricing
Classic Bodies:
- M3: $1,295-1,653 (excluding extreme condition examples)
- M2: $1,200 (price sensitive to condition)
- M4-P: $1,295 with recent CLA
- M-A: $2,700 (silver variants)
Hidden Market Trends
1. Digital M Renaissance
While much attention has focused on film camera appreciation in recent years, our analysis reveals that Digital M series cameras are showing a strong 17.2% appreciation over historical averages. This upward trend suggests a renewed interest in Digital M rangefinders, with buyers seemingly willing to invest in higher-tier digital models even as newer iterations are released.
2. Standard Model Stabilization
After removing special editions and outliers from our analysis, we're seeing remarkable price stabilization across standard models. The most popular configurations (black chrome M10, standard Q2, base model Q3) are settling into predictable price bands, suggesting the market is finding equilibrium. This normalization provides greater confidence for both buyers and sellers in establishing fair market values.
Three cameras to peruse:
Leica Q3
This Q3 is a year old, in mint condition, and still under warranty. At $5,480, it’s priced in the sweet spot of recent sales.
Posted by Tim Lei on IG for $5,480
Leica M10-R
This black M10-R is in excellent condition and is in perfect working order. At $5,300, it’s priced slightly below recent sale prices.
Listed on Fred Miranda for $5,300
Leica SL2-S
This professional-grade mirrorless camera offers 24.6MP resolution, in-body image stabilization, and exceptional build quality. Although there are a couple of surface scuffs, this SL2-S is in perfect working condition and comes with the box and original accessories.
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
