The Citation Mustang market remains active and relatively balanced, with stable inventory levels and healthy six-month transaction volume continuing to support overall liquidity. While buyer demand has moderated from the elevated pace seen in late 2025, properly positioned aircraft continue to transact consistently within the entry-level jet segment.
Fleet Size and Availability
There are currently 27 Citation Mustang aircraft for sale, including 4 off-market opportunities, representing 5.7% of the fleet.
Inventory has gradually declined over the past six months, easing from 32 aircraft in November to 26 in April. This steady reduction in available supply reflects ongoing absorption and suggests the market remains fundamentally healthy despite moderating transaction velocity entering Q2.
The Mustang continues to benefit from broad owner-operator appeal, though buyer focus remains concentrated on aircraft with the NXi upgrade, strong maintenance history, and favorable operating economics.
Market Listings
Current asking prices range from $1,700,000 to $3,000,000, with active listings averaging 181 days on market.
The pricing spread reflects variation in engine program participation, total time (and distance from overhaul/hot section inspections), and cosmetic condition. Garmin G1000 NXi-equipped aircraft and well-maintained examples continue to command stronger buyer interest, while older or less-updated aircraft face increased pricing sensitivity.
Current listing DOM remains elevated relative to prior market cycles, reinforcing the increasingly analytical nature of buyers in the owner-flown and entry-level jet segment.
Sales Activity
Over the past six months, 32 Citation Mustang aircraft have sold, including 12 off-market transactions, representing 6.8% of the fleet. Sold aircraft traded between $650,000 and $3,250,000.
Transaction activity peaked in December before normalizing through Q1 and early Q2, though overall absorption remains healthy relative to available inventory. The significant share of off-market activity highlights the continued importance of broker relationships and private transaction channels within the segment.
Sold aircraft averaged 230 days on market, notably longer than current listings, suggesting many completed transactions required extended exposure and pricing adjustments before closing.
Key Takeaways
• Inventory has trended lower over the past six months
• Off-market activity represents a significant share of completed transactions
• Sold aircraft are requiring extended marketing timelines
• Buyer behavior remains increasingly value-focused and analytical
Key Insight
The Citation Mustang market remains fundamentally stable, but transaction execution is becoming increasingly dependent on aircraft quality and pricing discipline. Buyers continue to pursue upgraded, turnkey aircraft aggressively, while average-spec examples face longer marketing cycles and heightened pricing sensitivity. In this environment, realistic pricing and strong maintenance positioning remain critical drivers of liquidity.
