The Citation CJ3 Gen2 remains an exceptionally young and thin resale market, where individual aircraft matter more than broad statistics. Only one aircraft is currently available and just two retail transactions have occurred over the past six months. At this stage, scarcity, not a conventional supply-and-demand cycle, continues to define the secondary market.
Fleet Size and Availability
There is currently 1 Citation CJ3 Gen2 available for sale, offered off-market, representing 6.7% of the fleet.
Two aircraft were available each month from April through July. Inventory declined to one aircraft in August. Because the active fleet remains very small, the addition or removal of a single aircraft can materially change the percentage of the fleet for sale, so these statistics should be interpreted cautiously.
Market Listings
The sole aircraft currently available carries an asking price of $12.595 million. The two aircraft sold during the past six months traded between $12.0 million and $12.5 million.
There is not enough current inventory to establish a meaningful average days-on-market figure. The two completed transactions averaged 52 days on market, suggesting that the limited number of CJ3 Gen2s reaching the resale market have generally found buyers relatively quickly.
With so few comparables, individual specification, total time, warranty coverage, condition, and seller expectations can have an outsized impact on value.
Sales Activity
There have been 2 retail sales during the past six months, including 1 off-market transaction, representing 13.3% of the fleet.
One transaction occurred in March and another in May, with no sales in April, June, July, or August. In a mature aircraft market that would indicate limited activity, but the size of the CJ3 Gen2 fleet makes raw transaction count a less useful measure of demand.
Key Takeaways
• Only 1 aircraft is currently available, and it is being offered off-market.
• Current availability represents 6.7% of the fleet.
• 2 aircraft sold during the past six months, representing 13.3% of the fleet.
• The current asking price is $12.595 million versus a $12.0 million to $12.5 million sold range.
• Sold aircraft averaged 52 days on market.
• The very small fleet means individual listings and sales can materially distort percentages.
Key Insight
The CJ3 Gen2 remains a market defined by scarcity. Buyers have very few opportunities from which to choose and limited transaction history with which to establish value. For sellers, the lack of competing inventory creates a favorable backdrop, but pricing will remain highly aircraft-specific. For buyers, finding the right aircraft may require patience, and the ability to move decisively when a suitable opportunity becomes available.
