The Citation Encore+ continues to operate with exceptionally limited inventory, but the market also demonstrates that scarcity does not automatically produce liquidity. Only two aircraft are currently available compared with six sales over the past six months, yet both current and sold-aircraft days on market exceed 400 days. Buyers have very few choices, but they remain highly sensitive to maintenance position, engine status, and price.
Fleet Size and Availability
There are currently 2 Citation Encore+ aircraft available for sale, representing just 3.1% of the fleet.
Inventory stood at six aircraft in March, briefly increased to seven in April, declined to six in May, and fell sharply to two in June. Supply has remained at two aircraft through July and August.
That roughly two-thirds reduction in inventory since March leaves buyers with very few alternatives and creates a favorable supply backdrop for well-positioned sellers.
Market Listings
The two available aircraft are asking between $3.9 million and $4.2 million, while the six-month sold price range is $3.6 million to $3.85 million.
Current listings average 423 days on market, almost identical to the 421-day average for sold aircraft. Those figures are unusually important because they demonstrate that even in a market with only two aircraft available, transactions can still take considerable time.
As with the Encore, engine program enrollment and remaining time to hot section inspection or overhaul are critical considerations. With so few aircraft available, differences in engine and maintenance position can make direct price comparisons particularly difficult.
Sales Activity
There have been 6 retail sales over the past six months, including 2 off-market transactions, representing 9.4% of the fleet.
Monthly sales have been inconsistent: two in March, none in April, one in May, two in June, one in July, and none in August.
Although August was quiet, six-month transaction volume remains three times the number of aircraft currently available, confirming that supply remains highly constrained relative to recent sales.
Key Takeaways
• Only 2 Encore+ aircraft are currently available.
• Inventory has fallen from 7 aircraft in April to 2 today.
• 3.1% of the fleet is for sale versus 9.4% sold during the past six months.
• 6 aircraft sold during the period, including 2 off-market transactions.
• Current and sold DOM are nearly identical at 423 and 421 days.
• Engine program status and remaining time to major engine events remain critical differentiators.
Key Insight
The Encore+ presents one of the clearest examples of the difference between scarcity and liquidity. Buyers have very few aircraft to choose from, yet the more-than-400-day DOM figures show that limited supply alone does not compel a transaction. The market is highly aircraft-specific. Well-positioned Encore+s with favorable engine status, strong maintenance history, and realistic pricing should benefit from scarce supply, while less compelling aircraft can remain on the market for an extended period despite the lack of alternatives.
