WatchCharts Overall Market Index Climbs to Yearly High as 2025 Rally Strengthens
The WatchCharts Overall Market Index continues its steady, confidence-building climb, closing at 40,929 as of November 15, 2025. That’s a 1.2% gain over the past month and +498 points over the past year, putting the index at the very top of its 12-month range (39,337–40,931). After bottoming out in March 2025 near the 39,300 level, the market staged a durable, almost uninterrupted recovery through late spring and summer, followed by a sharper acceleration from August into the fall.
The chart shows a healthy upward trajectory with only mild volatility—suggesting buyers have returned with more conviction than in early 2025, when the market was still searching for a floor. Short-term performance is broadly positive: +1.9% over three months and +2.7% over six months, indicating momentum has been building rather than blipping. Long-term numbers are more mixed, with the 2-year window still negative (-3.3%), reminding us how far the market fell from its late-pandemic highs, while the 5-year figure remains strongly positive (+12.6%), reflecting the long-cycle expansion of the secondary luxury-watch market.
Overall, the index now sits just shy of its all-time peak, confirming that watch prices—at least for the top 300 models tracked—have stabilized and resumed a measured upward trend heading into the end of 2025. Buyers appear selective but engaged, and the market has regained enough strength to suggest confidence rather than speculation is driving current levels.