Fleet Size and Availability
There are 31 Citation Mustangs for sale, including 6 off-market listings, representing 6.6% of the active fleet. Inventory remains steady, holding near its six-month average, signaling a balanced environment for both buyers and sellers.
Market Listings
Asking prices range from $1,275,000 to $3,500,000, with listed aircraft averaging 212 days on market. The broad price spread continues to reflect variations in avionics upgrades, maintenance status, and total time, with newer or recently refurbished aircraft moving faster.
Sales Activity
Over the past six months, 20 aircraft have sold, including 1 off-market transaction, with prices between $1,450,000 and $3,395,000. Sold aircraft averaged 114 days on market, showing a substantial improvement in absorption compared to current listings.
Key Takeaways
- The Mustang market remains one of the most active in the entry-level jet category.
- Average days-on-market for sold aircraft fell notably, underscoring the advantage of competitive pricing.
- Inventory has stabilized while sales rebounded sharply in September.
- The six aircraft sold last month mark the highest monthly total since early spring, reflecting renewed buyer confidence heading into Q4.
- Off-market opportunities remain limited but continue to contribute to efficient placements.
Key Insight
The Citation Mustang segment closed Q3 on a strong note, with September sales activity signaling renewed energy among private buyers seeking value in the light jet category. Sellers with well-maintained aircraft and realistic pricing are benefiting from faster turnover, suggesting continued demand strength as the year’s final quarter begins.
