Fleet Size and Availability
There are 22 Citation CJ2 aircraft for sale, including 1 off-market listing, representing 9.4% of the active fleet. This reflects a modest drop in inventory from the previous month, continuing a downward trend over the last three months.
Market Listings
Asking prices currently range from $2,000,000 to $3,700,000, consistent with previous months. Aircraft remain on the market for an average of 239 days, indicating a relatively slower pace of absorption, especially for higher-time or dated examples.
Sales Activity
The last six months recorded 23 CJ2 sales, including 6 off-market transactions, with sale prices ranging from $2,400,000 to $3,300,000. Aircraft that sold spent an average of 178 days on market, showing that well-positioned listings are still moving within a reasonable timeframe.
Key Takeaways
- Inventory decreased again this month, down from 24 to 22 units, continuing a gradual supply tightening trend.
- Sales remain steady, with 5 aircraft sold in May, matching the strongest sales month in the past half-year.
- Sold pricing remains firm, with minimal delta between asking and selling ranges, reinforcing continued buyer demand.
- Divergence between average DOM for listed vs. sold aircraft suggests a bifurcated market—motivated sellers with well-prepped aircraft are transacting, others linger.
- As total days on market continues to climb for unsold units, sellers may need to reassess pricing or presentation.
Key Insight
Despite a slight softening in total inventory, the CJ2 market is holding firm with solid transaction velocity and narrow price spreads. However, sellers should note that market patience is waning for aircraft priced at the upper end without compelling justification. A strategic listing is more critical than ever.
