Fleet Size and Availability
There are 30 Citation Mustangs for sale, including 4 off-market listings, representing 6.4% of the active fleet. Inventory remains relatively steady compared to recent months, with only a slight uptick from June’s 31 units.
Market Listings
Asking prices range from $1,000,000 to $3,500,000, with listings averaging 182 days on market. The stable pricing range and moderate inventory indicate a balanced market, though older or higher-time aircraft may face longer sale cycles.
Sales Activity
In the last six months, 19 aircraft sold, including 1 off-market transaction, with sale prices between $1,450,000 and $2,900,001. Sold aircraft averaged 126 days on market, suggesting that competitively priced listings are moving more quickly than the overall inventory average.
Key Takeaways
• Inventory levels remain consistent, hovering in the low 30s for the past several months.
• Sales volume has been steady, with 2 units sold in July following 4 in June.
• The gap between average days on market for listed vs. sold aircraft indicates that well-prepared, market-priced units are more attractive to buyers.
• Asking and selling price ranges continue to overlap significantly, reinforcing a realistic pricing environment.
• Buyers still have a solid selection, but quick action is required for well-positioned offerings.
Key Insight
The Mustang market is showing stability in both pricing and transaction pace, with motivated sellers able to close deals more quickly than average. As inventory remains steady, the competitive edge lies in aligning aircraft presentation and pricing closely with current buyer expectations.
