The Citation Excel market enters August with a relatively balanced supply picture, but July brought a clear pause in transaction activity. Inventory increased from its June low while no retail sales were recorded during July. Looking at the broader six-month period, however, activity remains respectable, with 19 aircraft sold compared with 17 currently available.
Fleet Size and Availability
There are currently 17 Citation Excels available for sale, representing 4.9% of the fleet.
Inventory gradually increased from 18 aircraft in February to 20 in April before tightening considerably through May and June. Availability fell to just 13 aircraft in June, the lowest point of the six-month period, before rebounding to 17 in July.
Even with that recent increase, fewer than 5% of the fleet is currently available. That remains below the 5.5% of the fleet that has changed hands during the past six months, suggesting overall supply remains reasonable relative to recent transaction volume.
Market Listings
Current asking prices range from $1.2 million to $4.0 million, compared with a six-month sold-price range of $2.0 million to $3.75 million.
The wide asking range highlights the considerable variation within the Excel fleet. Model year, total time, engine program status, maintenance history, upcoming inspections, and interior and exterior condition can all have a meaningful impact on individual aircraft values.
Current listings average 197 days on market, compared with 166 days for aircraft sold during the past six months. The longer DOM for today’s inventory is worth watching, particularly if supply continues to increase.
Sales Activity
A total of 19 Citation Excels have sold during the past six months, including 7 off-market transactions.
Activity strengthened through the spring, with three sales in February, two in March, and three in April before increasing to six transactions in May. Another five aircraft sold in June, making May and June the strongest stretch of the period.
July then recorded zero retail sales, ending that run of stronger activity. One quiet month does not establish a broader trend, but the combination of zero July transactions and increasing inventory deserves attention heading into late summer.
What This Means For You
The July pause is real, but one quiet month does not erase a strong May and June. If you are thinking about selling, the window has not closed, but it has narrowed. Inventory is building and buyers are getting more selective. An Excel that is correctly priced, program-enrolled, and in strong cosmetic condition will still find a buyer. One that is not will sit, and the DOM data suggests some already are. If your aircraft has been on the market without traction, the market has already told you something. If you are looking to buy, inventory is at a reasonable level and July’s pause means you have a little more room to evaluate without competing against a wave of other active buyers.
