Ferrari 296 GTB/GTS Market Analysis — June 2026
Executive Summary
The Ferrari 296 GTB/GTS market is currently stable, with a year-over-year price change of -3.6%. Despite a slight decline in prices, the market remains robust with a significant number of active listings. An actionable insight for potential buyers is to focus on the 2024 model year, which has shown strong sales performance.
Market Snapshot
- Current inventory: 429 active listings
- Median asking price: $374,895 (historical median: $397,000)
- Price trend: Stable (-3.6% YoY)
- Market velocity: 79 days average time on market
PRICE TRENDS & APPRECIATION
The quarterly trends indicate a stable market with slight fluctuations in median prices. For instance, Q4 2025 saw a median price of $389,888, while Q2 2026 dropped to $324,950, reflecting a significant decrease. However, the average price in Q1 2026 was $388,833, suggesting some recovery. Overall, the market is not appreciating significantly, but it is not in decline either, as evidenced by the stable sales figures across the last few quarters.
Auction Market Dynamics
The sell-through rate stands at 77.8%, indicating a healthy market for completed sales. The median price for sold vehicles at auction is $399,999, while the median high bid is significantly lower at $341,000. This gap suggests that sellers may have unrealistic expectations, as buyers are willing to pay less than what sellers are asking. The ratio of sold to unsold vehicles indicates that while there is demand, it may not meet the sellers' price expectations.
Configuration Value Guide
The body style breakdown shows that Coupe configurations command an average price of $300,482, while Convertibles are priced higher at $445,900. This indicates a premium for convertible models. Additionally, the 2025 model year, with 191 listings, shows an average price of $393,600, which is higher than the 2024 model year average of $375,794, suggesting that newer models may hold better value.
Mileage Impact
Vehicles with under 50,000 miles command an average price of $381,388, while those with 50,000 to 100,000 miles average $345,000. This indicates a premium of approximately $36,388 for low-mileage vehicles, highlighting the importance of mileage in determining value.
Regional Pricing
The geographic distribution reveals that the "West" region has an average price of $377,622, while the "South" region averages $358,559. The "Northeast" and "Midwest" regions have similar averages around $364,000. Buyers may find better deals in the South compared to other regions.
Market Health Indicators
The average days on market is 79, with 32 new listings this week and 122 listings having price reductions. This suggests a moderate supply of vehicles but also indicates that some sellers may be adjusting their expectations. The healthy sell-through rate of 77.8% further supports the notion that while there is demand, it may be tempered by price expectations.
Investment Outlook
Given the stable trend direction and the slight year-over-year decline in prices, the Ferrari 296 GTB/GTS may not be a rapidly appreciating asset class at this time. However, the consistent sales figures suggest it remains a desirable model. A hold recommendation is advised for current owners, while potential buyers should consider entering the market cautiously.
Buying Recommendations
Potential buyers should focus on the 2024 and 2025 model years, which have shown strong sales and better average prices. Targeting vehicles with under 50,000 miles will provide better value, as they command a premium. Additionally, buyers should be mindful of the auction dynamics, particularly the gap between sold and high bid prices, to inform realistic bidding strategies.
This analysis is generated from CarSearch.Pro's market database (425 historical sales, 429 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.