Sandhills June Monthly Market Reports

Summary

U.S. Used Medium-Duty Construction Equipment

The used skid steer category has driven a surge in inventory level increases across the U.S. used medium-duty construction equipment market. In the overall market, inventory levels rose 7.56% M/M and 51.85% YOY, adding to consecutive months of increases.
Asking values, following moths of decreases, ticked 0.74% lower M/M and dropped 7.16% YOY in June.
Auction values also continued a trend of monthly decreases, dropping 2.27% M/M and 11.63% YOY in June.

U.S. Used Heavy-Duty Construction Equipment

Inventory continues a steady recovery in this market, but at a slower rate compared to medium-duty construction equipment. Inventory levels of used heavy-duty construction equipment rose 4.15% M/M and 21.02% YOY in June, adding more pressure on values, which remain on downward trends.
Sandhills has observed several months of decreases in both asking and auction values. Asking values decreased by 1.91% M/M and 5.41% YOY in June.
Auction values fell 2.92% M/M and 9.56% YOY in June.