H1’24 Trending Markets over $500K

Using our CLASSIC.COM Market Benchmark*, we’ve analyzed over 6,000 individual markets** to pinpoint the top Growing and Slowing Markets so far in 2024 across three distinct value tiers: Over $500K, Between $100K-500K, and Under $100K. To qualify for this list, a market must have more than one sold listing between January-June 2024.

Note: CMB is an indicator of how recent market activity has impacted typical market values. It does not guarantee individual vehicle appreciation.

We examined 64 markets with CMB above $500K, each with at least two sales in 2024. The average growth was 2%, with 34 markets showing growth and 30 experiencing a decrease in CMB. Growth figures ranged from 103% to -52%, and when excluding the top and bottom three markets, the range was between 36% and -18%.

Despite the smaller number of markets analyzed, this tier exhibited much higher variation in growth figures. Markets in this price bracket are more susceptible to fluctuation, yet on average, they outperformed other tiers.

Top 10 Growing Markets

Top 10 Slowing Markets

*The CLASSIC.COM Market Benchmark (CMB) is a benchmark value for vehicles in a given Market based on data accumulated by CLASSIC.COM and calculated by a proprietary algorithm that takes into account volume and recency of each data point. CMB can be used to assess the performance of a market over a given time period. However, it does not represent the value of a specific vehicle. 

** A Market on CLASSIC.COM is a grouping of comparable vehicles that have, at a minimum, the same Make, Model, and Model Generation. When relevant for purposes of valuation, a Market may be further segmented by Model Variant, Trim, Transmission Type, Body Style, and other factors.