Fleet Size and Availability
There are 33 Citation Mustangs for sale, including 4 off-market listings, which equates to 7.0% of the active fleet. Inventory continues its upward trend, increasing from 24 aircraft in December to 33 in May.
Market Listings
The current asking price range is $595,000 to $4,100,000, with average days on market at 174, a minor decrease from last month’s 170.
Sales Activity
Over the past six months, 22 Mustangs sold, including 3 off-market transactions. The sold price range was $1,450,000 to $2,550,000, with an average of 150 days on market for those that sold. However, only 2 aircraft sold in May, down from 5 the prior month.
Key Takeaways
- Inventory levels have climbed steadily for six months.
- May’s sales activity declined significantly after April’s rebound.
- Price spread between asking and sold ranges remains wide.
- Days on market remain relatively high, suggesting slower turnover.
- Mustang remains an active but sensitive price-point market.
Key Insight
The Mustang market appears to be entering a saturation phase, with supply consistently rising while monthly retail sales trend lower. Sellers should brace for increased competition and consider price repositioning to stay aligned with the value-conscious entry-level jet buyer segment.
