Renowned airpark expert Dave Sclair recently posted on LivingWithYourPlane.com a brief rundown of some of the discussions he had with pilots at the AOPA Aviation Summit about airparks. The good news? The airpark market seems to have hit bottom and is showing signs of recovery.
Here’s what he wrote: Fortunately, I was able to speak with a number of airpark developers as well as individuals who are currently living on airparks or looking for a place to purchase. A couple real estate agents who specialize in homes on airparks were also on hand for me to share ideas with.
One developer from Texas said he had sold three lots during October alone and business had held up quite nicely during the last year.
Another airpark developer explained that while his business had been quite slow during the last year at his upscale airpark, recently traffic had increased tremendously with more lookers than had shown up in a long time. As a result, he said airpark lot sales totaling more than $2 million had closed in the last 90-day period.
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