Fleet Size and Availability
The Citation Mustang market enters November 2026 with inventory increasing following a brief decline in September. Currently, 30 aircraft are available for sale, representing 6.4% of the fleet, including three off-market listings.
Inventory remained at 27 aircraft in May and June before increasing to 32 in July and August. Availability declined to 28 in September before returning to 32 in October.
While inventory remains relatively manageable as a percentage of the overall fleet, the recent increase is noteworthy given the absence of completed transactions during October. With supply exceeding recent sales activity, buyers continue to have a reasonable selection of aircraft to consider.
Market Listings
Current asking prices range from $1.399 million to $3.095 million, while completed transactions over the past six months have ranged from $1.65 million to $2.7 million.
The broad pricing range reflects differences in aircraft age, condition, equipment, and maintenance status. Engine program enrollment, airframe hours, upcoming maintenance requirements, and the optional Garmin G1000 NXi upgrade remain important factors influencing individual aircraft values.
Aircraft currently available for sale average 218 days on market, compared to 164 days for aircraft sold during the reporting period.
This 54-day difference suggests that aircraft remaining on the market are experiencing longer marketing periods than those successfully transacting. Competitive pricing and strong aircraft presentation remain important considerations for sellers.
Sales Activity
Over the past six months, 19 Citation Mustangs have sold, representing 4.1% of the fleet. Four transactions occurred off-market, accounting for approximately 21% of total sales.
Monthly sales activity remained relatively consistent through the summer, with four transactions in May and three each in June, July, and August.
September brought an encouraging increase to six completed transactions, representing the strongest monthly performance of the reporting period.
However, October recorded zero completed sales, marking a sharp reversal from September’s momentum.
While individual monthly fluctuations are not uncommon, the absence of October transactions is particularly noteworthy as inventory increased during the same period.
Key Takeaways
The Citation Mustang market continues to demonstrate relatively manageable inventory levels, although recent transaction activity has been inconsistent.
Currently, 6.4% of the fleet is available for sale, compared to 4.1% sold over the past six months.
September’s strong sales performance was encouraging, but October’s lack of transactions raises questions about whether buyer activity will strengthen before year-end.
For sellers, competitive pricing and maintenance readiness remain essential. Buyers may find opportunities among aircraft with extended marketing periods.
Key Insight
The Citation Mustang market remains relatively well supplied, but October’s absence of transactions suggests that buyers are becoming increasingly selective. Following September’s six completed sales, the market experienced a noticeable slowdown while inventory increased to 32 aircraft. With current listings averaging 218 days on market, sellers should recognize that competitive pricing and aircraft-specific value remain critical to attracting serious interest. Although inventory represents just 6.4% of the fleet, the relatively modest six-month sales volume suggests that available supply could take time to absorb. Looking ahead, renewed buyer activity will be important in determining whether the Mustang market can regain momentum and enter 2027 with a healthier balance between inventory and demand.
