Fleet Size and Availability
There are 8 Citation Encore+ aircraft for sale, including 2 off-market listings, representing 12.5% of the active fleet. Inventory has remained relatively stable over the past three months after peaking at 9 in May.
Market Listings
Asking prices currently range from $3,895,000 to $5,000,000, with listings averaging 270 days on market—a sign that many aircraft are taking longer to attract offers.
Sales Activity
In the past six months, 2 aircraft sold, all on-market, at prices between $3,250,001 and $4,600,000. Sold aircraft averaged just 87 days on market, highlighting that competitively priced and well-presented aircraft can move significantly faster than the broader market.
Key Takeaways
• Inventory has been steady at 8 units for two consecutive months, down slightly from the May high of 9.
• Sales volume remains low, with only two transactions in the last six months and no closings in July.
• Sold units are moving in less than one-third of the time of current active listings, signaling buyer preference for competitively priced aircraft.
• The gap between average days on market for active vs. sold units suggests a market split between attractive, market-ready listings and overpriced or less desirable examples.
• Pricing has held firm despite slower turnover, indicating sellers are not yet conceding to market pressure.
Key Insight
The Encore+ market remains sluggish in transaction volume but demonstrates that well-positioned listings can move quickly. Sellers holding out at higher prices may need to reassess strategies to compete with faster-moving inventory, especially if sales remain sparse into the fall.
