Fleet Size and Availability
There are 20 Citation CJ1 aircraft for sale, including 2 off-market listings, which represents 10.3% of the active fleet—up slightly from 9.8% the prior month.
Market Listings
Current asking prices range from $1,300,000 to $2,300,000, and the average days on market rose to 177, indicating mild softening in buyer response times.
Sales Activity
A total of 19 aircraft sold in the past six months, 7 of which were off-market. The sold price range was $1,500,000 to $2,400,000, with average days on market for sold aircraft dropping to 98—a positive shift. However, only 2 aircraft sold in May, following a high of 8 in April.
Key Takeaways
- Inventory continues to climb slowly after a stable winter.
- May sales declined sharply from April, echoing a broader stall across the light jet sector.
- Sold aircraft are moving faster than listed inventory, reflecting selectivity from buyers.
- The current ask range overlaps but does not extend much beyond the recent sold ceiling.
Key Insight
The CJ1 market may have peaked in activity last month, with the June figures reflecting buyer fatigue and increasing selectivity. Sellers with strong pedigrees and lower-time aircraft can still expect relatively quick movement, but premium pricing is facing increased resistance.