Sandhills Global released the 2025 August reports for the construction market.
U.S. Used Heavy-Duty Construction Equipment
- Inventory levels of used heavy-duty construction equipment, which includes crawler excavators, dozers, and wheel loaders, were up 0.2% M/M and down 9.06% Y/Y in August and are trending downward. Used wheel loaders led other categories in M/M inventory level increases, up 0.75%. The used crawler excavator category posted the largest Y/Y inventory decrease with a 12.42% drop.
- Asking prices in this market were up 0.11% M/M and down 1.99% Y/Y in August and are trending downward. Used dozers had the largest per-category M/M asking price increase, up 0.57%, while used wheel loaders led other categories in Y/Y decreases, down 4.1%.
- Auction values continued a 5-month-long sideways trend in August, with increases of 0.16% M/M and 0.91% Y/Y. Used wheel loaders exhibited the largest M/M auction value increase, up 1.76%. Used crawler excavators showed the largest Y/Y increase, up 4.25%.
U.S. Used Medium-Duty Construction Equipment
- As in the heavy-duty market, inventory levels of used medium-duty construction equipment are trending downward. This market, which includes used skid steers, loader backhoes, and mini excavators, showed inventory level decreases of 0.24% M/M and 11.61% Y/Y in August. Used mini excavator inventory levels fell the most, down 1.04% M/M and 21.97% Y/Y.
- Asking values showed minimal changes in August, down 0.54% M/M and 0.15% Y/Y, and are trending upward. Sandhills observed the largest category asking price changes in used mini excavators, down 0.97% M/M, and used track skid steers, down 3.4% Y/Y.
- Auction values rose 0.5% M/M and 3.12% Y/Y in August and are trending upward. Used loader backhoes led other categories in auction value increases, jumping 3.02% M/M and 5.78% Y/Y.
U.S. Forklifts
- Used forklift inventory levels continued a 7-month-long upward trend, posting a 3.18% M/M decrease and a 27.67% Y/Y increase in August. The used cushion tire forklift category exhibited the largest M/M inventory decrease at 3.64% and the largest Y/Y increase at 30.85%.
- Asking values in this market have been trending sideways. Asking values decreased by 0.62% M/M and 3.57% Y/Y in August. The used cushion tire forklift category showed the largest M/M asking value decrease at 1.98%, while the used pneumatic-tire forklift category posted the largest Y/Y asking value decrease at 5.09%.
- Auction values were down 0.54% M/M and 6.13% Y/Y in August, continuing a 7-month-long downward trend. Notably, the used cushion tire forklift category showed a 2.88% M/M increase, but the pneumatic-tire forklift category exhibited the largest Y/Y auction value decrease at 8.45%.
U.S. Telehandlers
- Inventory levels of used telehandlers have been trending upward for 30 months in a row. In August, inventory levels increased by 4.39% M/M and 20.96% Y/Y.
- Asking values decreased slightly in August, by 0.11% M/M and 3.44% Y/Y, and are trending sideways.
- Auction values continued their downward trend, inching up by 0.45% M/M but down 3.67% Y/Y in August.
