Fleet Size and Availability
There are 10 Citation CJ1+ aircraft for sale, including 2 off-market listings, representing 10.1% of the active fleet. Inventory has trended downward since April’s peak of 14 units, signaling improved absorption.
Market Listings
Current asking prices range from $1,500,000 to $3,000,000, with an average of 241 days on market for active listings. Extended DOM suggests that older or higher-time examples may be slowing turnover despite declining inventory.
Sales Activity
In the past six months, 8 CJ1+ aircraft sold, including 1 off-market transaction, with prices between $1,700,000 and $2,800,000. Sold aircraft averaged 112 days on market, indicating that competitively priced units are moving more than twice as quickly as the overall inventory.
Key Takeaways
• Inventory has declined steadily since spring, reaching its lowest level since February.
• Sales remain modest, with just 1 unit sold in both June and July after a stronger May showing.
• The spread between asking and sold ranges remains relatively tight, reinforcing stable pricing.
• Faster-moving sold units highlight the importance of aligning condition, presentation, and pricing.
• Buyers face fewer options than earlier this year, increasing competition for well-maintained examples.
Key Insight
The CJ1+ market is gradually tightening, with fewer listings and stable pricing supporting sellers. Well-presented aircraft at market-correct prices are attracting quicker deals, while slower-moving listings risk falling behind in buyer attention.