Fleet Size and Availability
There are 21 Citation XLS+ & Gen2 aircraft for sale, including 1 off-market listing, representing 5.6% of the active fleet. Inventory has returned to near February levels after dipping in the late spring, reflecting a modest summer rebound.
Market Listings
Asking prices range from $5,250,000 to $15,995,000, with an average of 240 days on market. The extended DOM suggests slower movement among active listings, particularly at the upper end of the price spectrum.
Sales Activity
In the past six months, 19 aircraft sold, including 6 off-market transactions, with sale prices ranging from $7,100,001 to $11,500,000. Sold aircraft averaged 119 days on market, underscoring faster absorption for well-priced units compared to the broader inventory.
Key Takeaways
• Sales volume remains solid, with 19 transactions despite uneven monthly activity.
• Inventory has climbed from early summer levels, creating slightly more options for buyers.
• Sold price ranges indicate firm demand in the mid-tier, while top-tier listings may face longer marketing periods.
• The DOM gap between listed and sold units reinforces the advantage of realistic pricing from the outset.
• Despite summer fluctuations, the market remains balanced without significant downward pricing pressure.
Key Insight
The XLS+ & Gen2 segment continues to demonstrate resilience, with healthy turnover and a stable pricing environment. Sellers who align pricing with recent comparable sales are achieving faster closings, while buyers now have a marginally wider selection heading into the fall.
