The Citation XLS Gen2 remains one of the most sought-after aircraft in the midsize jet market, offering a compelling combination of short-field performance, modern Garmin G5000 avionics, low operating costs, and a spacious stand-up cabin. While inventory has increased slightly entering July, the market remains exceptionally tight, with demand continuing to outpace supply for well-equipped, low-time examples.
Fleet Size and Availability
There are currently 4 Citation XLS Gen2 aircraft available worldwide, representing 6.7% of the global fleet.
Available inventory declined from 4 aircraft in January to just 2 aircraft in March before gradually increasing back to 4 aircraft in June. Even with this modest increase, buyers still have very limited selection, keeping competition strong for desirable aircraft.
Market Listings
Current asking prices range from $13.8 million to $14.595 million, with active listings averaging only 92 days on market.
The relatively narrow asking price range reflects the fleet’s young age and consistent equipment levels. Differences in pricing are typically driven by total time, optional equipment, maintenance program enrollment, connectivity packages, and aircraft pedigree. Aircraft with premium interior selections and complete maintenance coverage continue to command the strongest values.
Sales Activity
During the past six months, 5 Citation XLS Gen2 aircraft sold, including 2 off-market transactions, representing 8.3% of the worldwide fleet.
Reported sales ranged from $14.5 million to $16.3 million, with sold aircraft averaging 274 days on market. The longer historical marketing average is influenced by several earlier listings that remained on the market for extended periods before selling. Current active inventory, however, is moving considerably faster, reflecting healthy buyer demand.
Key Takeaways
• Only 4 Citation XLS Gen2 aircraft are currently available worldwide.
• Inventory represents just 6.7% of the global fleet.
• Active listings average only 92 days on market.
• 5 aircraft sold during the past six months, including 2 off-market transactions.
• Asking prices currently range from $13.8 million to $14.595 million, while recent sales ranged from $14.5 million to $16.3 million.
Key Insight
The Citation XLS Gen2 continues to enjoy one of the healthiest markets among late-model midsize aircraft. Low inventory, consistent buyer demand, and limited production numbers continue to support strong residual values. Owners of well-maintained aircraft remain in an advantageous position, while buyers should expect competition for the most desirable examples, particularly those with low time, comprehensive maintenance program coverage, and premium equipment.
