Fleet Size and Availability
There are 11 Citation CJ1+ aircraft for sale, including 2 off-market, representing 11.1% of the active fleet. This is a slight decrease from the peak inventory seen earlier this spring.
Market Listings
Asking prices currently range from $1,500,000 to $3,000,000, with an average of 195 days on market, showing signs of aging listings in the market.
Sales Activity
In the past six months, 8 aircraft sold, including 1 off-market, with sale prices between $1,700,000 and $2,800,000. The average days on market for sold aircraft was 156 days, indicating that well-prepped aircraft are still moving but require more time to close than earlier in the year.
Key Takeaways
- Inventory levels declined modestly, from 12 units in May to 11 in June, showing a slow but steady absorption of listings.
- Sales pace remains slow overall, with only 1 sale recorded in June, following a strong push in May.
- The spread between average days on market for listed vs. sold aircraft suggests that pricing and presentation are still critical differentiators.
- Asking prices continue to trend higher than recent sales, hinting at possible buyer pushback at the upper end of the range.
- Sellers should remain competitive, as buyers are increasingly selective and have more choice compared to earlier months.
Key Insight
The Citation CJ1+ market is in a delicate balance — steady but slower sales combined with stable inventory levels suggest that only realistically priced, well-presented aircraft will attract interest. Sellers must stay ahead of market expectations to avoid extended time on the market.
