Fleet Size and Availability
There are currently 9 Citation Encore aircraft for sale, including 1 off-market listing, accounting for 5.7% of the active fleet. This is a slight increase from April’s 7 aircraft on market.
Market Listings
The asking price range now sits between $2,475,000 and $3,500,000, with average days on market at 98 days, down significantly from last month’s 132, suggesting faster movement of well-priced aircraft.
Sales Activity
8 aircraft sold in the past six months, including 2 off-market transactions. Sale prices ranged from $2,200,000 to $4,400,000, with average days on market for sold aircraft at 149 days, which reflects consistent market engagement despite the niche size of this segment.
Key Takeaways
- Inventory increased to 9 listings, reaching a six-month high.
- Consistent sales pace continues with 2 sales reported in both April and May.
- Time on market for active listings dropped sharply, indicating more competitive pricing or motivated sellers.
- Pricing remains stable, with sold values overlapping the listed range.
- Market continues to show gradual activity without significant pricing pressure.
Key Insight
The Encore market remains well-balanced, with moderate inventory growth and stable sales volume. The decline in average days on market suggests that buyers are stepping in where pricing aligns with value, particularly for clean, well-equipped aircraft. Sellers should act quickly to differentiate before further inventory increases shift leverage.
