Fleet Size and Availability
There are 32 Citation CJ aircraft for sale, including 3 off-market listings, representing 9.6% of the active fleet. Inventory has continued to climb, increasing from 26 in December to 33 in May.
Market Listings
The asking price range is $1,000,000 to $2,195,000, with average days on market at 199, a slight increase over last month.
Sales Activity
19 aircraft sold in the last six months, with a significant 11 transactions completed off-market. The sold price range was $1,225,000 to $1,725,000, and the average days on market for sold aircraft rose to 240. Only 1 CJ sold in May, a steep drop from April’s total of 6.
Key Takeaways
- May retail activity slowed significantly after April’s peak.
- Average time on market has increased, suggesting more difficult deal execution.
- Market saturation may be putting downward pressure on pricing.
- Wide disparity between active and off-market sales continues.
Key Insight
The Citation CJ market shows signs of cooling after a strong spring, with buyer urgency fading and inventory accumulation accelerating. Sellers with mid-range and high-time aircraft should consider more competitive pricing strategies to stay ahead of growing market inertia.