Fleet Size and Availability
There are 14 Citation CJ3+ aircraft for sale, including 3 off-market listings, representing 4.7% of the active fleet. Inventory remains relatively balanced, up from its January low of 7 aircraft.
Market Listings
Asking prices currently range from $7,390,000 to $11,250,000. Aircraft remain on the market for an average of 135 days, suggesting realistic pricing for most listings.
Sales Activity
The last six months recorded 11 CJ3+ sales, including 1 off-market transaction, with sale prices ranging from $6,400,001 to $9,750,001. Aircraft that sold spent an average of 112 days on market, indicating motivated buyers for well-positioned inventory.
Key Takeaways
- Inventory has doubled since January, rising from 7 to 15 units before settling at 14, reflecting increased seller confidence.
- Monthly sales volume has been modest, averaging around 2 aircraft per month with a spike in May.
- The spread between asking and sold price ranges remains relatively tight, supporting stable valuations.
- Days on market for sold aircraft are below current listing averages, emphasizing the advantage of competitive pricing and presentation.
- With June sales flatlining, both buyers and sellers should monitor activity closely for signs of softening demand.
Key Insight
The Citation CJ3+ market has experienced a gradual inventory build alongside steady but unremarkable sales. Well-priced, well-prepared aircraft remain in demand, but sellers should watch buyer sentiment and be willing to negotiate to keep deals moving.
