Citation Mustang Market Update:
The Jet Agent is pleased to provide the following Mustang market update for February 2025.
Fleet Size and Availability
The Citation Mustang market remains steady, with 24 aircraft currently listed for sale, representing 5.1% of the total fleet. This is consistent with recent market trends, indicating stable availability levels.
Market Listings
The asking price range for Citation Mustangs has remained broad, now spanning $1,275,000 to $3,200,000. The average time on the market for available aircraft is 191 days, suggesting that while demand exists, pricing and aircraft specifications are key factors in transaction speed.
Sales Activity
Over the past six months, 28 Citation Mustangs have been sold, including seven off-market transactions. The sold price range for these aircraft is approximately $1,000,000 to $2,300,000, reflecting a slight compression in sale values compared to the asking prices. The average days on market for sold aircraft is 185 days, slightly lower than current listings, reinforcing that competitively priced aircraft are selling more efficiently.
Key Takeaways
- Market inventory remains stable, with available listings holding steady at 24 aircraft.
- Sales volume continues to be strong, with 28 transactions in the past six months, demonstrating continued demand.
- Pricing remains competitive, with sold aircraft typically closing at the lower-to-mid end of the asking range.
- Longer time on market suggests price sensitivity, reinforcing the importance of strategic pricing for sellers.
- Buyers have a variety of options, and aircraft priced competitively are moving faster than those at the higher end of the range.
For more information or to explore opportunities in the Citation Mustang market, please contact The Jet Agent.
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