Piper TURBO ARROW III Market Report
Single-Engine Piston · generated 2026-10-20 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
369in operation (FAA)
5for sale · 1.4% of fleet
$191kaverage asking
$144kmedian asking
36avg days on market
10registry transfers, 6 mo
10.6 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $80k | $191k | $395k |
| Model year | 1977 | 1977 | 1978 |
| Airframe time | 750 | 3,026 | 4,285 |
| Days on market | — | 36 | 76 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-08 | 5 | $112k | |
| 2026-09 | 4 | $106k | |
| 2026-10 | 5 | $177k |
Features of aircraft for sale
| ADS-B | 100% (5) | |
| GPS navigator | 60% (3) | |
| Autopilot | 20% (1) | |
| Glass flight deck | 20% (1) | |
| FIKI | 0% (0) | |
| GTN 750 / 750Xi | 0% (0) |
Where the fleet is based top states, FAA registry
| CA | 44 | |
| TX | 36 | |
| FL | 29 | |
| CO | 19 | |
| AZ | 10 | |
| IA | 10 | |
| MT | 10 | |
| TN | 10 | |
| DE | 9 | |
| NC | 9 |
174 of 369 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-10 | 1 | |
| 2025-11 | 2 | |
| 2025-12 | 1 | |
| 2026-01 | 3 | |
| 2026-03 | 2 | |
| 2026-04 | 3 | |
| 2026-06 | 4 | |
| 2026-07 | 3 | |
| 2026-08 | 2 |
Aircraft for sale 5 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1977 | N5983V | 28R-7703175 | Inquire | $152,000 | — | — | — | 9 | |
| 1977 | G-OJIM | $153,272 | $146,250 | +5% | 4,285 | 100 | Ethel Ltd | 14 | |
| 1977 | OY-BTM | 28R-7703215 | $395,000 | $167,750 | +136% | 750 | 125 | European Aircraft Sales A/S | 8 |
| 1978 | N2855M | 28R-7803149 | $79,900 | $129,500 | -38% | 3,390 | 1,845 | DETRAY AVIATION | 76 |
| 1978 | N6089H | 28R-7803088 | $134,000 | $144,250 | -7% | 3,681 | 511 | TJ NEFF AIRCRAFT SALES | 74 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1976 | 2 | 0 | 0.0% | — | — | — |
| 1977 | 207 | 3 | 1.4% | $153k | $274k | $395k |
| 1978 | 75 | 2 | 2.7% | $80k | $107k | $134k |
| 1979 | 1 | 0 | 0.0% | — | — | — |
| 1989 | 1 | 0 | 0.0% | — | — | — |
| 1997 | 1 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1977 | 3 | $155,333 |
| 1978 | 2 | $136,875 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 0–1,999 | 1 | $395,000 | $167,750 |
| 2,000–3,999 | 2 | $106,950 | $136,875 |
| 4,000–5,999 | 1 | $153,272 | $146,250 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-10-18 | Price change | 1978 N2855M | $90k → $80k |
| 2026-10-18 | Price change | 1977 G-OJIM | $152k → $153k |
| 2026-10-12 | Newly listed | 1977 OY-BTM | $395k |
| 2026-10-06 | Newly listed | 1977 G-OJIM | $153k |
| 2026-10-04 | Off market | 1978 D-EDDU | $120k |
| 2026-09-13 | Off market | 1978 N2855M | $90k |
Sold aircraft.com sold records · last asking at sale
8sold records
$105kavg last asking
$90k – $120krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 6 | — |
| 2026-09 | 1 | $90k |
| 2026-10 | 1 | $120k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-10-11 | 1978 | D-EDDU | 4,044 | $120k |
| 2026-09-13 | 1978 | N2855M | 3,390 | $90k |
| 2026-08-16 | 1977 | N9FS | 3,594 | — |
| 2026-08-16 | 1977 | N38636 | 3,812 | — |
| 2026-08-16 | 1978 | N6405C | 3,754 | — |
| 2026-08-16 | 1978 | N2056M | 3,281 | — |
| 2026-08-16 | 1978 | D-ENTB | 2,250 | — |
| 2026-08-10 | 1977 | 5,326 | — |
fyiEstimate values are market estimates from comparable asking prices (which skew high versus sold prices), not certified appraisals. Fleet and ownership figures from the FAA Releasable Registry; "registry transfers" count new registration certificates issued. Sold records from aircraft.com reflect the last asking price, not the transaction price. Monthly history is reconstructed from when listings first and last appeared.
