market UPDATE
The CJ3 continues to be a very popular light jet in the pre-owned market, thanks to its combination of operating efficiency, strong performance, and strong owner appeal. There are 410 CJ3s currently in operation, with 13 aircraft for sale, which represents 3.2% of the total fleet. This places the CJ3 firmly in a seller's market. The aircraft continues to hold strong value in today's market. Pre-owned aircraft currently trade in the $4.5 to $6 million range, depending on year of manufacture, total time, maintenance pedigree, equipment, and overall condition. The production years for the CJ3 span from 2004 to 2015. Giving buyers a broad range of aircraft options within the fleet. Turning to transaction activity, over the past 12 months, inventory has dropped by 38%, signaling strong demand. Average asking prices have increased 3% compared to March of 2025, reflecting continued strength in this market. Time to sell has dropped by 40%, with aircraft now averaging about 101 days on the market. Aircraft that are properly priced and well-presented continue to transact in a reasonable timeframe, particularly those with strong maintenance pedigree, good cosmetics, and desirable equipment. since March of 2020. By 2025, there had been 39 retail sales, averaging about 3 transactions per month. From a supply and demand perspective, the CJ-3 remains in a seller-favorable position, with a 4.1 month absorption rate. Relatively low inventory, combined with steady buyer demand, continues to support aircraft values. In addition, OEM new aircraft backlogs are driving many buyers toward the pre-owned market, which further strengthens demand for proven aircraft, such as the CJ 3. The practical takeaway is that properly priced CJ-3 aircraft with good pedigree are still attracting strong buyer interest in today's market. In summary, the Citation CJ-3 market remains strong, inventory levels are low, pricing has shown upward movement over the past year, and transaction activity remains healthy
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