Citation CJ3+ Market Update March 2024

March 2024 CJ3+ Update The Jet Agent

Our March 2024 update on what’s happening in the Citation CJ3+ preowned sales market;

In February 2024, there was one new Citation CJ3+ delivered from the manufacturer, growing the fleet to 262 CJ3+s in operation today. Of those, 9 CJ3+s are currently for sale, or 3.4% of the total fleet. This is unchanged from our February 6, 2024 update.

When following the pre-owned business aircraft markets, there are a few different sets of information that we track closely. One is the average time on market, for both aircraft currently listed for sale as well as aircraft sold over the last six months. For the Citation CJ3+ aircraft that are currently for sale, they have been on the market for an average of 120 days to date. This is mostly unchanged from last month when the average was 114 days. The average days spent on the market for Citation CJ3+ aircraft that sold over the last six months was 106 days, unchanged from last month.

The other important piece of information we follow is pricing. We follow trends in prices of aircraft listed for sale as well as sold values of aircraft sold over the last six months. If you are in the market for a Citation CJ3+ today, you could expect to see asking prices between $6,950,000 to just over $11,000,000. In February, there were 2 Citation CJ3+s that sold, and over the last six months, 20 CJ3+s sold. Of those 20, they traded between $7,300,000 and $10,700,000.

Working with a professional aircraft broker is your best option when it comes to sourcing your next aircraft. Contact The Jet Agent today and let us use our resources to help you find your next aircraft or find a buyer for your current aircraft.

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