market UPDATE
Over the past year, inventory in the Citation CJ1 market has increased, up nine aircraft from this time last year. Even with the increase in available aircraft, pricing has remained relatively stable, with values down just about 1% year over year. In terms of transaction activity, CJ1s continued to trade, though at a slightly slower pace than last year. Days on market have remained stable, at only one day more than this time last year. Over the past 12 months, there have been 15 retail transactions with one occurring in December, confirming continued buyer engagement in this segment. Based on the recent supply and demand trends, there's currently about 19 months of inventory on the market, which points to a more competitive selling environment. Markets like this tend to reward accurate positioning and thoughtful timing. In summary, this market is steady. The platform benefits from long-term support.
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