Fleet Size and Availability
There are 8 Citation Encore+ aircraft for sale, including 2 off-market listings, representing 12.5% of the active fleet. Inventory has increased slightly month-over-month, maintaining a historically elevated exposure for this model.
Market Listings
Asking prices currently range from $4,100,000 to $5,000,000. Aircraft are averaging 240 days on market, indicating that less competitive listings continue to linger.
Sales Activity
Two Encore+ aircraft sold in the past six months, both on-market, with sale prices between $4,600,000 and $4,600,000. Average days on market for sold aircraft dropped to 87 days, suggesting well-prepared listings can still transact efficiently.
Key Takeaways
- Inventory remains relatively high at 12.5% of the fleet, with recent months showing a slight uptick in available units.
- The sales pace remains sluggish, with only 1 sale recorded in June after flat months earlier this spring.
- The small gap between asking and sold price ranges signals that buyers remain sensitive to premium pricing without clear value justification.
- The large delta between average DOM for listed vs. sold aircraft highlights the importance of market-ready presentation.
- Sellers should prepare for longer hold times unless pricing is adjusted to meet realistic buyer expectations.
Key Insight
The Encore+ market continues to be top-heavy on supply, with motivated sellers standing the best chance to attract qualified buyers. With historically higher fleet exposure, aligning pricing to market realities is critical to shorten days on market and secure timely transactions.
