Porsche 911 Turbo (964) Market Analysis — August 2026
Executive Summary
The market for the Porsche 911 Turbo (964) is currently experiencing a depreciation trend, with a year-over-year price change of -13.1%. This decline is reflected in the recent sales data, indicating a potential opportunity for buyers to negotiate better prices.
Market Snapshot
- Current inventory: 28 active listings
- Median asking price: $425,482 (historical median: $257,300)
- Price trend: depreciating (-13.1% YoY)
- Market velocity: 103 days average time on market
PRICE TRENDS & APPRECIATION
The quarterly trends indicate a declining market for the Porsche 911 Turbo (964). In 2026-Q1, the median price was $299,326, which decreased to $337,140 in 2026-Q2, and further down to $392,979 in 2026-Q3. The average price in 2026-Q1 was significantly higher at $598,680, suggesting a temporary spike. However, the overall trend shows that prices are not stabilizing, as evidenced by the year-over-year decline of 13.1%. Comparatively, the historical median price of $257,300 indicates that current asking prices are substantially higher, suggesting that sellers may be optimistic about their valuations.
Auction Market Dynamics
The sell-through rate stands at 82.5%, indicating a relatively healthy auction environment. However, the median price of sold vehicles at $273,762 contrasts with the high bid median of $219,923, revealing a significant reserve gap. This suggests that while buyers are willing to bid lower, sellers may have unrealistic expectations regarding their asking prices. The ratio of sold to unsold/high_bid vehicles indicates that while many vehicles are selling, there is a notable number of high bids that do not meet seller expectations, which could lead to longer selling times.
Configuration Value Guide
Currently, the body style breakdown shows that the Coupe configuration is the only one listed, with an average price of $444,993 and a median price of $475,000. The price by year data indicates that the 1994 model commands the highest average price at $777,463, while the 1991 model averages $355,327. This suggests that buyers may find better value in earlier models, while later models, particularly the 1994 variant, are perceived as more desirable.
Mileage Impact
The mileage analysis reveals that vehicles with under 50,000 miles command an average price of $533,022, while those between 50,000 and 100,000 miles average $416,308. Vehicles with over 100,000 miles are priced significantly lower at an average of $311,618. This indicates that buyers are willing to pay a premium of approximately $116,714 for low-mileage vehicles compared to those with higher mileage.
Regional Pricing
The geographic distribution of listings shows that the "Unknown" region has the highest average price at $530,558, followed by the West at $452,127. The South has only one listing averaging $509,989. This suggests that potential buyers might find better deals in the West compared to the "Unknown" region, although the sample size is limited.
Market Health Indicators
The average days on market is 103, indicating that listings are not selling quickly. The presence of new listings (1 this week) and price reductions (1 listing) suggests soft demand in the current market. The sell-through rate of 82.5% is a positive indicator, but the long average time on the market raises concerns about overall market health.
Investment Outlook
Given the current trend direction of depreciation and the quarterly trends indicating declining prices, the Porsche 911 Turbo (964) does not appear to be an appreciating asset class at this time. Potential investors should approach with caution and consider holding off on purchases until market conditions stabilize.
Buying Recommendations
Buyers should focus on the 1991 and 1992 models, which offer better value compared to the more expensive 1994 model. Target price ranges should be around $300,000 to $400,000 for vehicles with low mileage. Given the reserve gap observed in auction outcomes, buyers should be prepared to bid lower than asking prices and negotiate effectively, especially in light of the current market dynamics.
This analysis is generated from CarSearch.Pro's market database (255 historical sales, 28 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.