The Citation Mustang market continues to show stability following the Q4-to-Q1 transition, with inventory holding steady and demand remaining consistent despite a shift away from tax-driven urgency. The segment has settled into a more sustainable rhythm.
Fleet Size and Availability
As of April 13th, 2026, there are 26 aircraft for sale (4 off-market), representing 5.5% of the fleet.
Inventory has stabilized over the past four months, indicating equilibrium between supply and demand. Off-market activity remains meaningful, accounting for roughly 15% of available inventory.
Market Listings
The current asking price range is $1,495,000 to $3,000,000.
Pricing pressure is most evident at the lower end, where buyers are more cost-sensitive. At the top end, well-equipped, well-presented aircraft continue to hold firm, reinforcing the importance of pedigree and condition.
Sales Activity
Over the past six months, 32 aircraft have sold (11 off-market), which is 6.8% of the Mustang fleet. They sold between $650,000 to $3,250,000.
Transaction volume remains steady post-Q4, with December peaking before a more normalized Q1 pace. Sold aircraft spent an average of 223 days for sale before trading, reflecting a clear divide between turnkey aircraft and those requiring repositioning.
Key Takeaways
• Inventory has stabilized, signaling a balanced market
• Off-market deals (~34%) remain a major factor
• Pricing pressure is concentrated at the entry-level
• Demand persists but with greater buyer selectivity
• Market performance is increasingly quality-driven
Key Insight
The Mustang market has transitioned to a fundamentals-driven environment, where disciplined buyers reward quality. In this segment, execution, not timing, drives outcomes.
