Fleet Size and Availability
There are currently 12 Citation CJ3+ aircraft listed for sale, including 2 off-market aircraft, which equates to 4.0% of the fleet. This marks a notable decrease in inventory from the prior month’s 16 aircraft available.
Market Listings
The current asking price range spans from $7,390,000 to $11,250,000, with the average days on market at 144 days—a slight increase from last month, suggesting slightly longer listing durations despite lower inventory.
Sales Activity
In the past six months, 14 CJ3+ aircraft have sold, including 3 off-market transactions. The sold price range was between $6,400,001 and $9,750,001, with an average of 125 days on market for sold aircraft—indicating quicker movement for transacted units than those currently listed.
Key Takeaways
- Inventory dropped by 25% month-over-month, reflecting strong absorption.
- Sales volume rebounded in May to 4 aircraft sold, the highest monthly total since January.
- Tight spread between listing and sold prices reflects seller pricing discipline and buyer urgency.
- Average time on market for sold aircraft is shorter than for current listings, underscoring the advantage of well-positioned aircraft.
- Market remains seller-favorable due to low supply and stable demand.
Key Insight
The Citation CJ3+ market is showing renewed strength, with a sharp drop in inventory and a May sales surge. The data suggests that buyers acted decisively when high-quality inventory was available, reinforcing the value of early engagement in a constrained supply environment.
