Citation CJ3 Market Update:
The Jet Agent is pleased to provide the following Citation CJ3 market update for February 2025.
Fleet Size and Availability
The Citation CJ3 market remains steady, with 24 aircraft currently listed for sale, accounting for 5.9% of the total fleet. This represents a slight increase in available inventory compared to the previous month, indicating a stable level of supply.
Market Listings
The asking price range for Citation CJ3s has expanded, now falling between $3,450,000 and $6,700,000. CJ3s for sale today have been available for an average of 157 days so far, reflecting continued buyer interest, though longer listing times suggest some price sensitivity.
Sales Activity
Over the past six months, 32 Citation CJ3s have been sold, including seven off-market transactions. The sold price range remains between $3,700,000 and $5,900,000, aligning with recent historical trends. The average time on the market for sold aircraft was 143 days, which is lower than the active listing average, suggesting that well-priced aircraft are transacting efficiently.
Key Takeaways
- Inventory levels remain stable, with a slight increase in the number of aircraft for sale compared to last month.
- Market demand continues to be steady, with 32 aircraft sold in the past six months, mirroring January’s sales volume.
- Aircraft pricing has widened, with a higher upper-end asking price, likely due to well-equipped, low-time aircraft coming to market.
- Sellers should remain competitive with pricing to capture buyer interest, as sales data indicates faster transactions for reasonably priced listings.
- Buyers still have strong opportunities, particularly with aircraft priced appropriately in the mid-to-upper $3 million range.
For more details or to discuss opportunities in the Citation CJ3 market, please contact The Jet Agent.
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