Fleet Size and Availability
There are 20 Citation CJ2+ aircraft for sale, including 4 off-market listings, representing 9.0% of the active fleet. This marks an increase from earlier in the year and highlights a steady climb in availability since January.
Market Listings
Asking prices currently range from $3,800,000 to $4,695,000. Aircraft remain on the market for an average of 231 days, showing some listings are lingering well beyond the average days for recently sold aircraft.
Sales Activity
The last six months recorded 5 CJ2+ sales, including 2 off-market transactions, with sale prices ranging from $3,600,000 to $4,625,000. Aircraft that sold spent an average of 125 days on market, moving nearly twice as quickly as current listings.
Key Takeaways
- Inventory continues to build, rising from 12 units in January to 20 by the end of June.
- Sales remain sluggish, averaging just one transaction per month in the past half-year.
- Pricing for sold aircraft remains close to the lower half of the asking range, showing buyers are price sensitive.
- The significant gap between days on market for active versus sold listings suggests sellers must reassess pricing and presentation.
- Opportunities may exist for motivated buyers to negotiate as unsold inventory builds.
Key Insight
After steady inventory gains and low turnover, the Citation CJ2+ market is shifting in favor of buyers. Well-prepared and competitively priced listings have a clear advantage, but sellers should be realistic and flexible to secure a transaction in the current environment.
