Honda S2000 CR (AP2) Market Analysis — June 2026
Executive Summary
The current market for the Honda S2000 CR (AP2) reflects a niche collector interest with a total of 11 active listings and a median asking price of $56,950. The market appears stable, with insufficient data to determine a clear year-over-year price change. An actionable insight is to monitor the upcoming auction outcomes closely, as the sell-through rate of 83.3% indicates a healthy demand relative to supply.
Market Snapshot
- Current inventory: 11 active listings
- Median asking price: $56,950 (historical median: $66,000)
- Price trend: Insufficient data (no YoY price change percentage available)
- Market velocity: 123 days average time on market
PRICE TRENDS & APPRECIATION
Analyzing the quarterly trends, the market shows fluctuations in median prices, with a notable peak in Q3 2024 at $122,250, followed by a decline to $55,000 in Q1 2026. The most recent quarters indicate a downward trend in median prices, with Q1 2026 showing a significant drop from previous quarters. The average price in Q1 2026 was $74,196, which is considerably lower than the peak observed in Q3 2024. This suggests a potential depreciation in value over the last year, although the overall market remains active.
Auction Market Dynamics
The auction outcomes indicate a sell-through rate of 83.3%, with 50 vehicles sold, 10 high bids, and 3 last asking prices. The median price for sold vehicles was $68,750, while the median high bid was significantly lower at $53,916. This gap suggests that sellers may have unrealistic expectations, as buyers are willing to pay less than what sellers are asking. The high sell-through rate indicates that while there is demand, sellers may need to adjust their expectations to align with buyer willingness.
Configuration Value Guide
The body style breakdown shows that all active listings are for the Convertible configuration, which is consistent with the historical sales data where the majority of sales were also for this body style. The price by year indicates that the 2008 model year commands the highest prices, with an average of $65,799 and a median of $56,950. This suggests that buyers are willing to pay a premium for well-maintained models from this year.
Mileage Impact
The mileage analysis reveals that vehicles with under 50,000 miles command an average price of $93,415, while those with 50,000 to 100,000 miles average $56,026. Vehicles with over 100,000 miles are priced significantly lower at an average of $35,000. This indicates that buyers are willing to pay a premium of approximately $37,389 for low-mileage vehicles compared to those with over 100,000 miles.
Regional Pricing
Geographic distribution shows that the South has the highest number of listings (5) with an average price of $58,779. The Unknown region has a higher average price of $76,477, indicating potential arbitrage opportunities for buyers in the South. The Midwest has the lowest average price at $48,190, suggesting it may be a region to explore for better deals.
Market Health Indicators
The average days on market is 123, with a median of 140 days, indicating that listings are not selling quickly. The absence of new listings this week and the presence of 4 listings with price reductions suggest a softening demand. The sell-through rate of 83.3% is relatively strong, but the long days on market indicate that while buyers are interested, they may be hesitant to meet seller expectations.
Investment Outlook
Given the current trend direction is classified as insufficient data, and the recent quarterly trends indicate price fluctuations, the investment outlook remains cautious. The market shows signs of stabilization, but potential investors should be wary of the recent depreciation in asking prices and the need for sellers to adjust their expectations.
Buying Recommendations
For potential buyers, targeting the 2008 model year S2000 CR in good condition with mileage under 50,000 is advisable, as these vehicles command a premium but are likely to hold value better. A target price range of $50,000 to $70,000 is recommended, considering the recent auction data and current listings. Buyers should be prepared to negotiate based on the gap between sold prices and high bids, as this indicates a potential reserve gap in the market.
This analysis is generated from CarSearch.Pro's market database (63 historical sales, 11 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.