Cessna CITATION III Market Report
Jet · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
202in operation (FAA)
12for sale · 5.9% of fleet
$1,080kaverage asking
$1,100kmedian asking
27avg days on market
12registry transfers, 6 mo
5.2 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $799k | $1,080k | $1,400k |
| Model year | 1983 | 1985 | 1989 |
| Airframe time | 6,581 | 9,589 | 12,081 |
| Days on market | — | 27 | 38 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-07 | 6 | $1,150k | |
| 2026-08 | 19 | $1,139k |
Features of aircraft for sale
| ADS-B | 50% (6) | |
| Autopilot | 50% (6) | |
| GPS navigator | 17% (2) | |
| Glass flight deck | 17% (2) | |
| GTN 750 / 750Xi | 8% (1) | |
| FIKI | 0% (0) |
Where the fleet is based top states, FAA registry
| TX | 40 | |
| FL | 30 | |
| DE | 21 | |
| UT | 11 | |
| OK | 6 | |
| WI | 6 | |
| GA | 5 | |
| MN | 5 | |
| PA | 5 | |
| PR | 5 |
5 of 202 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 1 | |
| 2025-10 | 5 | |
| 2025-11 | 3 | |
| 2025-12 | 3 | |
| 2026-02 | 4 | |
| 2026-03 | 2 | |
| 2026-04 | 4 | |
| 2026-05 | 2 | |
| 2026-06 | 3 | |
| 2026-08 | 1 |
Aircraft for sale 12 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1983 | N970GW | 0019 | $1,100,000 | $1,309,000 | -16% | 6,961 | 750 | Flight Source Int'l Inc | 22 |
| 1984 | — | 650-0060 | Inquire | $1,097,250 | — | — | — | 19 | |
| 1984 | — | $799,000 | $1,158,500 | -31% | 9,600 | — | Jeff Sharrits | 35 | |
| 1984 | N651EM | 650-0030 | $1,250,000 | $961,500 | +30% | 10,904 | 11,025 | International Aircraft Marke | 38 |
| 1984 | — | 650-0075 | $1,400,000 | $1,127,500 | +24% | 6,581 | 6,579 | Global Jet Set | 33 |
| 1985 | C-GPAA | 650-0042 | Inquire | $1,150,250 | — | 9,405 | 9,325 | Levaero Aviation | 20 |
| 1986 | N727TX | 650-0118 | Inquire | $1,279,500 | — | — | — | Aventi Aviation Group | 31 |
| 1986 | N353HA | 650-0109 | Inquire | $835,000 | — | 11,940 | 11,593 | Honaker Aviation | 33 |
| 1986 | N928PS | 650-0116 | Inquire | $873,000 | — | 8,482 | 8,254 | Aventi Aviation Group | 26 |
| 1986 | N777CJ | 650-0122 | $850,000 | $1,287,000 | -34% | 8,989 | 1,983 | Barnett Investment Group, In | 22 |
| 1987 | N611AT | 650-0143 | Inquire | $842,500 | — | 10,956 | 10,752 | Sky Aviation Holdings LLC | 31 |
| 1989 | N175J | 650-0168 | Inquire | $1,058,250 | — | 12,081 | — | Moon Jet Group | 22 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1982 | 1 | 0 | 0.0% | — | — | — |
| 1983 | 4 | 1 | 25.0% | $1,100k | $1,100k | $1,100k |
| 1984 | 22 | 4 | 18.2% | $799k | $1,150k | $1,400k |
| 1985 | 14 | 1 | 7.1% | — | — | — |
| 1986 | 13 | 4 | 30.8% | $850k | $850k | $850k |
| 1987 | 8 | 1 | 12.5% | — | — | — |
| 1988 | 10 | 0 | 0.0% | — | — | — |
| 1989 | 2 | 1 | 50.0% | — | — | — |
| 1990 | 8 | 0 | 0.0% | — | — | — |
| 1991 | 8 | 0 | 0.0% | — | — | — |
| 1992 | 11 | 0 | 0.0% | — | — | — |
| 1993 | 15 | 0 | 0.0% | — | — | — |
| 1994 | 13 | 0 | 0.0% | — | — | — |
| 1995 | 14 | 0 | 0.0% | — | — | — |
| 1996 | 8 | 0 | 0.0% | — | — | — |
| 1997 | 5 | 0 | 0.0% | — | — | — |
| 1998 | 6 | 0 | 0.0% | — | — | — |
| 1999 | 10 | 0 | 0.0% | — | — | — |
| 2000 | 8 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1983 | 1 | $1,309,000 |
| 1984 | 4 | $1,086,187 |
| 1985 | 1 | $1,150,250 |
| 1986 | 4 | $1,068,625 |
| 1987 | 1 | $842,500 |
| 1989 | 1 | $1,058,250 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 6,000–7,999 | 2 | $1,250,000 | $1,218,250 |
| 8,000–9,999 | 4 | $824,500 | $1,117,187 |
| 10,000–11,999 | 3 | $1,250,000 | $879,666 |
| 12,000–13,999 | 1 | — | $1,058,250 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-23 | Off market | 1984 | $799k |
| 2026-08-16 | Off market | 1984 N651EM | $1,250k |
| 2026-08-16 | Off market | 1986 N777CJ | Inquire |
| 2026-08-16 | Off market | 1989 N175J | Inquire |
| 2026-08-12 | Newly listed | 1984 | $1,250k |
| 2026-08-12 | Newly listed | 1987 | Inquire |
| 2026-08-12 | Newly listed | 1986 | Inquire |
| 2026-08-12 | Newly listed | 1984 | Inquire |
| 2026-08-11 | Newly listed | 1985 C-GPAA | Inquire |
| 2026-08-09 | Newly listed | 1986 N777CJ | $850k |
| 2026-08-09 | Newly listed | 1984 N651EM | $1,250k |
| 2026-08-09 | Newly listed | 1983 N970GW | $1,100k |
| 2026-08-09 | Newly listed | 1984 N651EM | $1,250k |
| 2026-08-09 | Newly listed | 1986 N777CJ | Inquire |
| 2026-08-09 | Newly listed | 1989 N175J | Inquire |
| 2026-08-09 | Newly listed | 1983 N970GW | $1,100k |
| 2026-08-09 | Off market | 1983 N970GW | $1,100k |
| 2026-08-05 | Newly listed | 1986 N928PS | Inquire |
| 2026-07-31 | Newly listed | 1986 N727TX | Inquire |
| 2026-07-31 | Newly listed | 1987 N611AT | Inquire |
| 2026-07-29 | Newly listed | 1986 N353HA | Inquire |
| 2026-07-29 | Newly listed | 1984 | $1,400k |
| 2026-07-27 | Newly listed | 1984 | $799k |
| 2026-07-24 | Newly listed | 1984 N651EM | $1,250k |
Sold aircraft.com sold records · last asking at sale
6sold records
$895kavg last asking
$895k – $895krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 6 | $895k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-30 | 1984 | 9,600 | $895k | |
| 2026-08-16 | 1984 | N362TW | 10,988 | $895k |
| 2026-08-16 | 1985 | N202JK | 8,174 | $895k |
| 2026-08-16 | 1984 | N777MX | 11,152 | $895k |
| 2026-08-16 | 1985 | N949SA | 12,910 | $895k |
| 2026-08-10 | — | $895k |
Operating costs full cost analysis →
$1,924,930annual budget · 325 hrs
$4,498variable cost / hour
$10.44cost per nm
262.0gph fuel burn
fyiEstimate values are market estimates from comparable asking prices (which skew high versus sold prices), not certified appraisals. Fleet and ownership figures from the FAA Releasable Registry; "registry transfers" count new registration certificates issued. Sold records from aircraft.com reflect the last asking price, not the transaction price. Monthly history is reconstructed from when listings first and last appeared.
