Fleet Size and Availability
There are 17 Citation CJ1 aircraft for sale, including 3 off-market listings, representing 8.7% of the active fleet. Inventory has eased from the June high of 22 units, aligning more closely with early-year levels.
Market Listings
Current asking prices range from $1,250,000 to $2,400,000, with listings averaging 184 days on market. While pricing has remained stable, the extended DOM suggests more cautious buyer engagement.
Sales Activity
Over the past six months, 13 CJ1s sold, including 6 off-market transactions, with prices ranging from $1,300,000 to $1,725,000. Sold aircraft averaged 158 days on market, indicating that well-positioned listings can transact faster than the overall market average.
Key Takeaways
• Inventory contracted from last month’s peak, suggesting some successful absorption.
• Sales volume has been inconsistent, with July posting only 2 sales following a quiet June.
• The narrow spread between asking and sold ranges indicates realistic pricing among active listings.
• Off-market transactions continue to account for a substantial portion of activity, underscoring the value of broker networks.
• Average DOM for sold aircraft remains below the overall market, rewarding competitively positioned listings.
Key Insight
The CJ1 market remains price-sensitive yet active, with off-market sales playing a critical role in transaction flow. Sellers who combine competitive pricing with targeted exposure are best positioned to secure timely deals.
