The Citation Longitude market enters October with a growing number of available aircraft but no recorded retail transactions over the past six months. Although inventory remains limited relative to the overall fleet, the increase in available aircraft from just one in April to five in September represents a notable shift in supply. With 2.9% of the fleet currently listed for sale, buyers have more options than they did earlier this year, while sellers face an increasingly competitive environment. Current asking prices range from approximately $18 million to $29 million, reflecting a broad selection of aircraft across different production years and configurations. As we move into the fourth quarter, the absence of recent retail sales makes pricing strategy particularly important, as sellers have limited recent transaction data to help establish current market values.
Fleet Size and Availability
The Citation Longitude market currently has five aircraft available for sale, representing approximately 2.9% of the fleet.
Inventory has increased throughout the reporting period, beginning with just one aircraft available in April and May. Supply increased to three aircraft in June before declining slightly to two in July. Availability returned to three aircraft in August before reaching five in September.
This represents a fivefold increase in available inventory since April. While the overall number of aircraft for sale remains relatively small, the upward trend is significant within a market of this size.
For buyers, the increase provides additional opportunities to compare available aircraft. For sellers, the growing selection introduces competition that was largely absent earlier in the year.
Despite the recent increase, availability remains limited as a percentage of the overall fleet, meaning that buyers seeking a particular production year, configuration, or equipment package may still have relatively few options.
Market Listings
Current asking prices range from $17.995 million to $28.995 million, reflecting differences in production year, total time, equipment, maintenance coverage, and overall aircraft condition.
With no recorded retail transactions over the past six months, there is currently no recent sold-price range available within the reporting period.
Active listings average 65 days on market, suggesting that much of the available inventory is relatively new to the market. However, without completed transactions during the reporting period, there is no comparable average days-on-market figure for sold aircraft.
The nearly $11 million spread between the lowest and highest asking prices highlights the importance of evaluating each aircraft individually. Differences in age, utilization, warranty coverage, and maintenance status can significantly influence an aircraft’s market position.
For sellers, the absence of recent comparable sales makes establishing an appropriate asking price more challenging. While asking prices provide an indication of seller expectations, they do not necessarily reflect the prices buyers are ultimately willing to pay.
Sales Activity
Over the past six months, no Citation Longitude aircraft have recorded a retail sale within the reporting data.
Monthly transaction activity remained at zero throughout April, May, June, July, August, and September.
This lack of recorded transactions is particularly noteworthy given the gradual increase in available inventory over the same period. While the number of aircraft for sale has increased from one to five, no corresponding retail sales have been recorded.
However, the absence of completed transactions should not automatically be interpreted as a complete lack of buyer interest. In a relatively small market such as the Longitude, transaction activity can be irregular, and even a handful of sales can materially change the overall statistics.
It is also important to recognize that the reported figures reflect recorded retail transactions and may not capture every ownership transfer or other transaction outside the reporting scope.
Nevertheless, the combination of increasing inventory and no recorded retail sales suggests that buyers and sellers may currently have differing expectations regarding aircraft values.
What This Means For You
The Citation Longitude market has seen inventory grow from one aircraft in April to five in September (2.9% of the fleet), with no recorded retail transactions during the entire six-month reporting period. This is an unusual set of conditions worth understanding clearly.
For sellers: Without recent comparable sales, pricing is more art than science right now. Asking prices span nearly $11M, from $17.995M to $28.995M, but none of those prices has been tested by a completed transaction in the reporting window. The 65-day average on current listings means most of this inventory is relatively fresh, but sellers who are not realistic about price will be watching that number grow.
For buyers: The combination of growing inventory and no recent sales may create negotiating room, particularly as these aircraft continue to accumulate days on market. That said, the market is small enough that the right aircraft, priced appropriately, can still attract serious interest quickly.