The Citation Encore+ market enters August with exceptionally limited inventory and a supply-demand relationship that strongly favors well-positioned sellers. Only 2 aircraft are currently available, compared with 8 transactions during the past six months. That means recent transaction volume is four times current supply. At the same time, the aircraft that remain on the market have been available for an extended period, reinforcing an important distinction: the Encore+ market is short of compelling inventory, not simply short of aircraft.
Fleet Size and Availability
There are currently just 2 Citation Encore+ aircraft available for sale, representing only 3.1% of the worldwide fleet.
Inventory remained relatively consistent earlier in the year, with six aircraft available in February and March, seven in April, and six in May. Supply then contracted sharply to just 2 aircraft in June and remained at that level through July. The decline from seven aircraft in April to two today represents a significant tightening of available supply.
That contraction is particularly meaningful because it has occurred alongside continued transaction activity. With only two aircraft currently available against eight sales during the past six months, buyers have very few alternatives from which to choose.
Market Listings
The two available Encore+ aircraft are currently asking between $3.9 million and $4.2 million, while reported transaction prices during the past six months range from $3.6 million to $3.85 million.
Despite the extremely limited inventory, current listings average 396 days on market, compared with 344 days for aircraft sold during the same period.
That is one of the most important statistics in the Encore+ market. If scarcity alone were enough to create liquidity, the remaining aircraft would likely have sold already. Instead, buyers are demonstrating that they remain selective even when alternatives are limited.
Maintenance status is especially important in this market. Engine program enrollment, remaining time to hot section inspection or overhaul, aircraft condition, and overall pricing can create substantial differences in both value and marketability between otherwise similar Encore+ aircraft.
Sales Activity
A total of 8 Encore+ aircraft have sold during the past six months, including 3 off-market transactions, representing 12.5% of the fleet.
Monthly activity has remained reasonably consistent overall. February and March each produced two transactions, April recorded none, May had one, June produced two, and July added one transaction.
The important takeaway is not any single month, but the relationship between cumulative sales and remaining inventory. Six-month transaction volume is currently four times the number of aircraft available for sale.
Key Takeaways
• Only 2 Encore+ aircraft are currently available, representing just 3.1% of the fleet.
• Inventory has declined from 7 aircraft in April to just 2 today.
• 8 aircraft sold during the past six months, representing 12.5% of the fleet.
• Six-month transaction volume is 4x current inventory.
• Current asking prices range from $3.9 million to $4.2 million.
• Recent transaction prices range from $3.6 million to $3.85 million.
• Current listings average 396 DOM, compared with 344 days for sold aircraft.
• Engine program status and remaining time to major engine events remain critical differentiators.
Key Insight
The Encore+ market is clearly supply constrained, but the data also demonstrates that scarcity does not eliminate buyer selectivity. With only two aircraft currently available against eight sales over the past six months, buyers have very limited choice. Yet the remaining aircraft have been on the market for more than a year on average.
That suggests the market has already absorbed many of the aircraft buyers found compelling, while the remaining inventory has not met the market on some combination of price, maintenance status, engine exposure, condition, or specification.
For sellers, the current environment is favorable—but low inventory should not be mistaken for automatic pricing power. Well-maintained, properly positioned aircraft should benefit significantly from the lack of competing supply, while less compelling aircraft may continue to sit despite the scarcity.
For buyers, the challenge is availability. The Encore+ market offers very little selection, and waiting for the perfect combination of maintenance status, engine coverage, equipment, cosmetics, and price may require patience. When a strong aircraft does become available, however, buyers should be prepared to act decisively because there may be few comparable alternatives.
