Fleet Size and Availability
There are 21 Citation CJ1 aircraft for sale, including 2 off-market, representing 10.8% of the fleet — up noticeably from last month and the highest point year-to-date.
Market Listings
Asking prices currently range from $1,300,000 to $2,300,000. Average days on market for active listings are 195 days, indicating some aging inventory.
Sales Activity
Over the past six months, 13 Citation CJ1s sold, including 7 off-market transactions, with sale prices ranging from $1,550,000 to $1,725,000. The average days on market for sold aircraft is just 80 days, showing that well-positioned listings are still moving quickly.
Key Takeaways
- Inventory has steadily increased, up from 20 in May to 22 in June, showing a continued rise in available options for buyers.
- Sales slowed sharply in June with no recorded retail transactions, following a significant spike in April.
- The average days on market for sold aircraft is dramatically lower than for active listings, highlighting the importance of competitive pricing and presentation.
- Asking prices remain slightly above recent sold prices, pointing to a potential gap that sellers should monitor.
- Buyers may find more leverage as inventory builds but will need to act decisively on well-presented aircraft.
Key Insight
The Citation CJ1 market is showing a clear increase in supply while retail sales pace has softened. Sellers must be prepared to compete on price and quality to avoid prolonged days on market as buyers gain more choices.
