CJ 525 Market Update:
The Jet Agent is pleased to provide the following CJ 525 market update for October 2024.
The preowned Citationjet (CJ) market remains active. Here is what’s been happening lately in the CJ 525 market:
- Availability: Currently, there are 335 Citationjets (CJ 525s) in operation. Of those, 28 are for sale, which is 8.4% of the fleet. This is up slightly from last month when there were 25 for sale, or 7.5% of the fleet.
- Listings: The 25 CJs listed for sale today have been on the market for an average of 207 days, down from 270 days last month. Asking prices range from $1,100,000 to $2,495,000. A variety of options exist on the market today, with the most popular being CJs with upgraded cockpits and Garmin equipment. This CJ 525 market update highlights the latest availability and pricing trends in the CJ market.
- Sales: Two CJs sold in September, down from six in August. Over the last six months, 24 CJs sold, with 10 of those being off-market sales. The CJs that were publicly marketed spent an average of 178 days on the market before selling. This is up from an average of 121 days last month. Of the CJs sold over the last six months, the sold price ranges $1,000,000 to $2,150,000. The CJ 525 Market reveals a shifting sales landscape and variations in sale prices.
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At The Jet Agent, we stay on top of evolving market trends, with a particular focus on Citation fleets. Our team is here to assist you with your next CJ 525 acquisition or sale.
