Porsche 911 Turbo (964) Market Analysis — September 2026
Executive Summary
The market for the Porsche 911 Turbo (964) is currently stable, with a year-over-year price change of 0.4%. The median asking price of $395,000 reflects a healthy demand for this classic vehicle. An actionable insight is to focus on listings with lower mileage, as they command significantly higher prices.
Market Snapshot
- Current inventory: 13 active listings
- Median asking price: $395,000 (historical median: $275,000)
- Price trend: Stable (0.4% YoY)
- Market velocity: 113 days average time on market
PRICE TRENDS & APPRECIATION
Analyzing the quarterly trends, the market for the 964 Turbo has shown fluctuations but remains stable overall. For instance, in 2026-Q2, the median price was $425,964, while in 2026-Q3, it increased to $499,995, indicating a positive trajectory. However, the average price in 2025-Q4 was $427,138, suggesting some variability. The current asking prices are generally higher than recent sales, with the average auction price for sold vehicles at $407,704 compared to the active listing mean of $458,719.
Auction Market Dynamics
The sell-through rate stands at 81.1%, indicating a relatively healthy auction market. The median price for sold vehicles is $276,720, while the median high bid is $220,500, revealing a reserve gap that suggests sellers may have unrealistic expectations. The ratio of sold to unsold vehicles indicates that while there is demand, sellers may need to adjust their pricing strategies to align with buyer willingness.
Configuration Value Guide
The body style breakdown shows that Coupes are the primary configuration available, with an average price of $513,115 and a median price of $475,000. The price by year indicates that the 1994 model commands the highest average price at $794,900, while the 1993 model also shows a strong average of $1,100,000, suggesting that certain years are particularly sought after.
Mileage Impact
Mileage analysis reveals that vehicles with under 50,000 miles command an average price of $525,609, while those with 50,000 to 100,000 miles average $304,811, and over 100,000 miles average $311,618. This indicates that buyers are willing to pay a premium of approximately $220,798 for low-mileage examples compared to those with higher mileage.
Regional Pricing
The geographic distribution shows that the West has the most listings (6), with an average price of $405,798. The Northeast has a single listing with a significantly higher average price of $794,900, suggesting potential arbitrage opportunities for buyers in regions with lower average prices.
Market Health Indicators
With an average of 113 days on the market and two listings having price reductions, the market shows signs of moderate demand. The lack of new listings this week indicates a potential supply constraint, which may affect future pricing dynamics.
Investment Outlook
Given the stable trend direction and the slight appreciation observed in recent quarters, the Porsche 911 Turbo (964) appears to be a stable asset class. Investors may consider holding onto these vehicles, as the market shows resilience and potential for gradual appreciation.
Buying Recommendations
For prospective buyers, focusing on low-mileage Coupes from the 1994 model year may yield the best value, with target price ranges around $500,000 to $800,000. Buyers should be cautious of listings with high asking prices that do not align with recent auction outcomes, particularly those with significant reserve gaps.
This analysis is generated from CarSearch.Pro's market database (259 historical sales, 13 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.