Fleet Size & Availability
As of March 10, 2026, there are 27 Citation Mustang aircraft for sale, including 3 off-market opportunities, representing 5.7% of the fleet.
Inventory levels have remained relatively stable over the past six months, fluctuating between 28 and 32 aircraft, with a peak of 32 in November before settling back to 29 in February. This consistency indicates a balanced supply environment, with no significant tightening or oversupply developing.
The presence of off-market transactions continues to play a role, though the Mustang segment remains largely transparent and data-driven, with most activity occurring in the open market.
Market Listings
Current asking prices range from $995,000 to $3.15MM, reflecting a wide pricing spread driven by total time, engine program participation and/or time since overhaul, Garmin NXi, cosmetics, and overall aircraft pedigree.
The Mustang market continues to exhibit clear stratification, with upgraded aircraft commanding strong premiums, while aircraft with stories or that need upgrades compete more aggressively on price.
Average days on market for active listings is 220 days, suggesting a moderate pace of absorption, with well-positioned aircraft transacting efficiently while others require extended exposure.
Sales Activity (Last 6 Months)
A total of 32 aircraft have traded over the past six months, including 11 off-market transactions, representing 6.8% of the fleet. Sold prices ranged from $1.55MM to $3.395MM.
Transaction activity has been steady, with 6 sales in September, dipping to 4 in October, rising to 6 in November, peaking at 8 in December, followed by 6 in January, and slowing to 2 in February.
Aircraft that sold averaged 162 days on market, indicating that while demand remains consistent, buyers are selective and value-driven, particularly as more inventory cycles through the market.
Key Takeaways
• Inventory remains stable, supporting a balanced market environment
• Transaction volume is consistent, with meaningful off-market participation
• Pricing is highly stratified, with premiums for upgraded and well-maintained aircraft
• Moderate absorption continues, with execution dependent on positioning
Key Insight
The Citation Mustang market remains liquid but increasingly segmented.
As of March 2026, stable inventory and steady transaction volume point to a healthy market; however, performance varies significantly based on aircraft specification. Buyers are actively pursuing upgraded aircraft, while less competitive aircraft face longer marketing timelines and pricing pressure.
In this segment, outcomes are increasingly defined by upgrade status and presentation, with the strongest results achieved by aircraft that align with current buyer expectations.
