Citationjet 525 Market Update Match 2024

Our March 2024 update on what’s happening in the Citationjet 525 “CJ” preowned sales market;

There are currently 336 Citation Jets in operation today. Of those, 31 are currently for sale, or 9.2% of the fleet. This is up slightly from last month when there were 29 available for sale, or 8.6% of the fleet. There are more CJs entering the market for sale than are selling, and we have noticed a rise in the percentage of the fleet for sale, now peaking at 9.2%.

 

While studying the pre-owned aircraft markets, there are multiple statistics we follow. One of those is the time on market. We follow the days spent on market for aircraft currently listed for sale, as well as aircraft that have sold over the last six months. Of the 31 Citation Jets currently for sale, they have been on the market for an average of 162 days. This is down just slightly from last month when the average was 168 days. As for the CJs that have sold over the last six months, they spent an average of 127 days on the market before changing ownership. This dropped since last month when the average was 143 days spent on market. That is due to some aircraft falling off of our rolling six-month average that had higher time on market.

 

Another important statistic we follow is pricing. We closely follow both the asking prices of aircraft currently listed for sale, as well sold prices of aircraft that have traded over the last six months. Looking at the Citation Jets that are currently listed for sale, you will see asking prices range from $1,000,000 to $2,600,000. In February there were 2 CJs that sold, and 19 have traded over the last six months. Of those 19, they sold at prices ranging from roughly $750,000 to $1,975,000.

Learn More About The Preowned Citation Jet Markets

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