Fleet Size and Availability
There are 23 Citation Sovereigns for sale, including 1 off-market listing, representing 6.9% of the active fleet. This marks a notable drop in inventory from the recent high of 27 units.
Market Listings
Asking prices currently range from $3,250,000 – $9,250,000, with an average of 202 days on market for active listings. This indicates that some aircraft are lingering longer, especially at the higher price points.
Sales Activity
In the past six months, 26 Sovereigns sold, including 7 off-market deals. The sold price range was $1,850,000 – $8,700,000, and these aircraft spent an average of 216 days on market, reflecting balanced demand for well-positioned listings.
Key Takeaways
• Inventory has dropped sharply from 27 in May to 24 in June and now 23, indicating improved absorption.
• The Sovereign market posted 4 sales this month, showing a rebound after softer sales activity in May.
• The narrow spread between asking and sold prices suggests stable market confidence, but pricing above market realities can extend days on market.
• Total days on market for unsold units remain slightly lower than the six-month sold average, implying recent listings are moving better than legacy stale listings.
• Sellers with dated or higher-time aircraft should continue to price competitively to match market expectations.
Key Insight
The Citation Sovereign market is moving into a healthier balance between supply and demand, with buyers showing readiness to transact on well-presented aircraft. Maintaining realistic pricing will be key to sustaining this momentum through the second half of 2025.
