Our August 2023 update on what’s happening in the Citationjet 525 “CJ” preowned sales market;
The original 525 saw steady activity from June to July. Sales leveled at 2 transactions occurring, and July ended with 18 aircraft available for sale. With 335 aircraft in the fleet, July ended with a healthy 5.4% of all Citation CJs available for sale. The average asking price has slightly decreased since our June update from $1,700,769 to $1,593,063 while current days on market stayed roughly the same from 165 to 171. Sales followed a similar pattern with an average sold price in June of $1,718,126 to $1,657,501 in July, taking an average of 137 days to sell as of our June update to 129 for the July update.
Many of the best Citation Jets present themselves in off-market opportunities, so working with an experienced Citation broker is important. Contact The Jet Agent today and let us use our resources to help find you the perfect Citation Jet or help get you the best value for yours when it’s time to sell.