Citation CJ2+ Market Update:
The Jet Agent is pleased to provide the following CJ2+ market update for January 2025.
The CJ2+ fleet has seen strong end-of-year sales, with December marking the most sales activity in a single month over the past six months.
Market Overview:
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Fleet Size & Availability:
There are 223 CJ2+ aircraft in operation, with 15 currently for sale (6.7% of the fleet). This is down from 17 listings last month, representing 7.6% of the fleet.
Market Listings:
The 15 CJ2+ aircraft currently on the market have been listed for an average of 220 days, up from 180 days last month. Many of the remaining options have unique histories or “stories” attached, which has caused them to linger on the market. Asking prices for CJ2+ aircraft today range from $3,850,000 to $4,695,000.
Sales Activity:
Three CJ2+s were sold in December, up from one sale in both November and October. Over the past six months, nine CJ2+s changed hands, with four of these sales occurring off-market. Publicly listed CJ2+s averaged 87 days on the market before trading, down from 102 days last month. Sale prices ranged from $4,000,000 to $4,900,000.
Key Takeaways:
The CJ2+ market remains tight, with continued demand for high-quality options and a preference for domestically based aircraft. Buyers seeking a CJ2+ will need to act swiftly as well-maintained, competitively priced aircraft continue to move quickly.
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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 acquisition or sale.
