Fleet Size and Availability
There are 4 Citation Longitudes for sale, representing 2.9% of the active fleet. Inventory has gradually increased over the past four months, reaching its highest level in the last half-year.
Market Listings
Current asking prices range from $19,100,000 to $25,995,001, with listings averaging 152 days on market. The relatively low DOM suggests that many of these listings are recent additions.
Sales Activity
There have been no Citation Longitude sales in the past six months, either on or off-market. As a result, no sold price range or average days on market data is available for this period.
Key Takeaways
• Inventory has grown from three to five units over the last six months, reflecting a slow but steady increase in supply.
• No transactions have been recorded in the past half-year, marking an extended sales drought for the model.
• High asking prices and limited historical sales data make it difficult to gauge current market-clearing levels.
• The absence of recent sales may prompt increased price flexibility from motivated sellers.
• Buyers have more choice than earlier this year, but pricing remains firmly in premium territory.
Key Insight
With no retail transactions in six months, the Citation Longitude market is in a holding pattern. While inventory growth is modest, the lack of sales signals a disconnect between current asking prices and buyer expectations. Sellers aiming to generate movement may need to lead the market in pricing to stimulate demand.
