What enthusiasts are asking

Watches under 38mm on the secondhand market

Grouped by measured case diameter — the number from the catalog spec, not the number in the marketing copy. Case size is the single most-searched spec on this site, and this is what the band did as a group.

2026 SO FAR
+6.2%
+1.2% to +11.8%95% range
135 watches · 1,251 asks · 51 brands · revises monthly
In line with the index
Measured against the whole index, on the same watches in the same pass.
The whole index
+7.4%
2026 so far · 1,069 matched watches

The interval clears zero, so this cut is allowed to name a direction.

Year by year

Year by year change in asking prices, with 95% confidence intervals and the number of matched watches behind each reading.
YearChangeReading95% range
2026 so farrevises+6.2%135 watches · 1,251 asks · 51 brandsIn line with the index+1.2% to +11.8%
2025No clear move130 watches · 1,155 asks · 42 brandsIn line with the index-5.3% to +5.4%
2024No clear move101 watches · 857 asks · 36 brandsIn line with the index-5.2% to +5.2%
2023No clear move69 watches · 628 asks · 29 brandsIn line with the index-12.2% to +3.3%

Each year is compared with the one before it, over the watches listed in both. Nothing before 2022 is drawn: the older forum threads still standing are the ones nobody pruned, and the direction of that bias is unknown.

The closing-ask cross-check

No clear move-2.4% to +12.2%2026 so far · 69 watches · 442 asks · 31 brands

A second panel, built separately from the last price a seller asked before their listing closed. A closed listing may have been withdrawn rather than bought, so this is never a sale price and the two panels are never blended.

The panel

Asking prices
1,251
against 783 a year earlier
Watches
135
listed in both years
Brands
51
largest is 10% of it
Turnover
29%
of the panel is different watches than last year

One vote per watch, never weighted by price. A dollar-weighted index of this panel would just be a tracker for whichever brand lists the most expensive watches.

Browse these watches

Catalog pages, not the index panel. The figures above are the panel’s; these are the watches in the same group.

Other case sizes

Measured case diameter, in three bands.

Every other cut

How this is measured

These are asking prices, not sale prices. A sale price is never observed here. Both panels are published separately and are never blended.

Matched model. A year’s change is the average change across watches listed in both that year and the one before, one vote per watch.

It follows the same watches getting older. A matched-model index of used goods carries some drift from age alone, and that drift is not measured out. Read it as what an owner holding these watches saw, not as what a model is worth new.

Full methodology · Disclosures