Cessna CITATION III Market Report
Jet · generated 2026-10-20 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
202in operation (FAA)
13for sale · 6.4% of fleet
$1,064kaverage asking
$1,100kmedian asking
55avg days on market
8registry transfers, 6 mo
5.4 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $750k | $1,064k | $1,400k |
| Model year | 1983 | 1985 | 1989 |
| Airframe time | 6,581 | 9,372 | 13,000 |
| Days on market | — | 55 | 83 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-07 | 6 | $1,150k | |
| 2026-08 | 19 | $1,120k | |
| 2026-09 | 21 | $1,120k | |
| 2026-10 | 20 | $1,120k |
Features of aircraft for sale
| ADS-B | 69% (9) | |
| Autopilot | 46% (6) | |
| Glass flight deck | 38% (5) | |
| GPS navigator | 23% (3) | |
| GTN 750 / 750Xi | 23% (3) | |
| 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
| 2025-10 | 2 | |
| 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 13 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1983 | N970GW | 0019 | $1,100,000 | $1,279,000 | -14% | 6,961 | 750 | Flight Source Int'l Inc | 72 |
| 1984 | — | Inquire | $990,500 | — | 13,000 | — | JetLease | 4 | |
| 1984 | N651EM | 650-0030 | $1,250,000 | $1,223,250 | +2% | 10,904 | 863 | International Aircraft Marke | 72 |
| 1984 | — | 650-0075 | $1,400,000 | $1,096,250 | +28% | 6,581 | 6,579 | Global Jet Set | 83 |
| 1985 | C-GPAA | 650-0042 | Inquire | $1,109,250 | — | 9,405 | 9,325 | Levaero Aviation | 70 |
| 1985 | N910DF | 650-0081 | Inquire | $1,084,750 | — | 10,133 | 8,012 | Jet|Fly Aviation | 14 |
| 1985 | N202JK | 650-0100 | $1,150,000 | $1,223,250 | -6% | 8,204 | 891 | Carl Reynolds | 40 |
| 1986 | N353HA | 650-0109 | Inquire | $818,250 | — | 11,940 | 11,593 | Honaker Aviation | 83 |
| 1986 | — | 650-0119 | $750,000 | $908,750 | -18% | 9,100 | 8,500 | Wulf Aviation | 40 |
| 1986 | N777CJ | 650-0122 | $850,000 | $1,257,250 | -32% | 8,989 | 1,983 | Barnett Investment Group, In | 72 |
| 1986 | — | 650-0118 | $950,000 | $1,109,000 | -14% | — | — | Aero Tropics, LLC | 69 |
| 1987 | N650AH | 650-0139 | Inquire | $1,110,750 | — | 7,883 | 2,347 | FLY305 | 36 |
| 1989 | N175J | 650-0168 | Inquire | $1,105,000 | — | — | — | 72 |
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 | 3 | 13.6% | $1,250k | $1,325k | $1,400k |
| 1985 | 14 | 3 | 21.4% | $1,150k | $1,150k | $1,150k |
| 1986 | 13 | 4 | 30.8% | $750k | $850k | $950k |
| 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 | $1,279,000 |
| 1984 | 3 | $1,103,333 |
| 1985 | 3 | $1,139,083 |
| 1986 | 4 | $1,023,312 |
| 1987 | 1 | $1,110,750 |
| 1989 | 1 | $1,105,000 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 6,000–7,999 | 3 | $1,250,000 | $1,162,000 |
| 8,000–9,999 | 4 | $916,666 | $1,124,625 |
| 10,000–11,999 | 3 | $1,250,000 | $1,042,083 |
| 12,000–13,999 | 1 | — | $990,500 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-10-18 | Off market | 1984 N651EM | $1,250k |
| 2026-10-18 | Off market | 1986 N777CJ | Inquire |
| 2026-10-18 | Off market | 1985 C-GPAA | Inquire |
| 2026-10-16 | Newly listed | 1984 | Inquire |
| 2026-10-11 | Off market | 1989 N175J | Inquire |
| 2026-10-11 | Off market | 1987 N650AH | Inquire |
| 2026-10-06 | Newly listed | 1985 N910DF | Inquire |
| 2026-09-27 | Newly listed | 1985 C-GPAA | Inquire |
| 2026-09-20 | Off market | 1986 N928PS | Inquire |
| 2026-09-20 | Off market | 1986 N727TX | Inquire |
| 2026-09-20 | Off market | 1987 N611AT | Inquire |
| 2026-09-14 | Newly listed | 1987 N650AH | Inquire |
| 2026-09-10 | Newly listed | 1985 N202JK | $1,150k |
| 2026-09-10 | Newly listed | 1986 | $750k |
| 2026-08-23 | Off market | 1984 | $799k |
Sold aircraft.com sold records · last asking at sale
14sold records
$1,150kavg last asking
$1,150k – $1,150krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 6 | $1,150k |
| 2026-09 | 6 | — |
| 2026-10 | 2 | — |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-10-18 | 1987 | N650AH | 7,883 | — |
| 2026-10-11 | 1984 | N444CW | — | — |
| 2026-09-27 | 1986 | N727TX | — | — |
| 2026-09-27 | 1987 | N611AT | 10,956 | — |
| 2026-09-27 | 1986 | N928PS | 8,482 | — |
| 2026-09-13 | 1984 | N404EJ | — | — |
| 2026-09-13 | 1985 | N650RT | — | — |
| 2026-09-13 | 1991 | N193JC | — | — |
| 2026-08-30 | 1984 | 9,600 | — | |
| 2026-08-16 | 1984 | N362TW | 10,988 | — |
| 2026-08-16 | 1985 | N202JK | 8,174 | $1,150k |
| 2026-08-16 | 1984 | N777MX | 11,152 | — |
| 2026-08-16 | 1985 | N949SA | 12,910 | — |
| 2026-08-10 | — | — |
Operating costs full cost analysis →
$2,060,404annual 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.
