Market Digest: September 19, 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 137 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 and what it means for your next purchase (or sale).
Q Series
- Price range: $3,750-6,000
- Average: $5,042 (down 4.5% from historical)
- 11 recent sales showing market softening
- Sweet spot: $4,850 for excellent condition units
- Standard models: $2,574-5,230
- Average: $3,585 (up 7.1% from historical)
- Strong demand with 17 sales in two weeks
- Value packages with extras commanding premium
- Range: $3,895-4,365
- Average: $4,072 (up 1.4%)
- Steady but limited supply
- Range: $2,199-2,800
- Average: $2,437 (up 10.3%)
- Strong performance in entry-level Q market
Digital M Series
- M11: $4,050-8,200, averaging $5,835
- M11-P: $7,250 (limited data)
- M11-D: $4,699-8,200, averaging $6,450
- Holding value well despite newer releases
- Standard M10: $3,900-4,525, averaging $4,155 (up 1.0%)
- M10-P: $4,000-5,400, averaging $4,700
- M10-R: $7,150-9,100, averaging $7,917
- Excellent entry point to digital M ecosystem
- M240: $2,000-2,700, averaging $2,363 (down 9.1%)
- M9: $2,050-4,900, averaging $3,233
- M240 showing clear buying opportunity
Film M Series
- Price range: $2,220-3,618
- Average: $2,777 (down 3.0% from peak)
- 11 sales suggesting some market cooling after explosive growth
- M6-TTL: $2,523-3,800, premium for TTL functionality
Classic Bodies:
- M2: $1,475-2,499, averaging $1,811 (up 17.3%)
- M3: $1,137-4,250, averaging $1,486 (up 0.4%)
- M4: $1,499-2,095, averaging $1,831 (down 2.0%)
- M7: $3,100-3,989, averaging $3,658 (down 1.9%)
Hidden Market Trends
1. The M2 is a Sleeper Hit
M2 prices jumped 17.3%, the highest increase among film bodies. While most people have their eyes on M6 prices, collectors are quietly recognizing the M2's simplicity and unfiltered experience. It's a film M body for photographers who actually shoot film.
2. The Less-Is-More Description Effect
Short, confident titles (≤60 characters) averaged $3,545 while verbose descriptions (61-90 characters) averaged $3,034—a 16.8% penalty for over-explaining. Sellers who let the camera speak for itself often outperform those who oversell with lengthy descriptions. Sometimes "Leica M6 - Excellent" beats "Beautiful Leica M6 35mm Film Camera in Excellent Working Condition with Original Everything."
Quick Shots
💰 A rare 1956 MP is expected to hit $500K at the Wetzlar Camera Auction on October 11
🔍 Fred Miranda published his review of the new Light Lens Lab 50mm f/1.5 Z21—confirming that third-party M-mount glass is reaching serious quality levels
🔥 Digital Camera World reports that Leica has tested in-body image stabilization for the upcoming M12, with conflicting rumors about whether it will make the final cut.
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.
Your friends behind the lens,
Summimarket
