Used business jet inventory is ebbing over time but is still up 7% year over year (YOY), according to analyst Jefferies Research. Citing Amstat and its own data, Jefferies reported 1,158 used business jets for sale this month. While a jump from a year ago, that is down 8% from December and -4% over the past six months.

For newer jets (those less than seven years out of production), available inventories have increased 12% YOY, but the January tally is 9% less than in December and represents 3.6% of the fleet. 

Midsize jets led the increase in available inventories, up 15%, followed by light jets at +9%. However, the heavy-jet inventory is down 3%. Meanwhile, pricing was stable from December but down 9% from a year ago.

Bombardier inventory shrunk a percentage point YOY to 70 units, with available Challengers dipping by 53% but Globals up 10% and Learjets up 29%. For-sale Cessna Citations increased by 9% YOY to 118 units, led by a 13-unit jump in CJ/CJ2+ light jets.

Gulfstream inventory expanded by 10% YOY to 88, with 10 more G650s on the market for a total of 24. The bulk of those, 17, involved the extended-range variant; this comes as the in-service G700 fleet continues to grow, with Jefferies counting 31 of these models now in service.

Only 20 used Dassault Falcons have been for sale this month, but that is still a 25% increase YOY. Available Embraer jets have jumped by 62% YOY to 42 units, with more Legacy 600/650s on the market.

As for pricing, Embraer jets saw the smallest dip, by 1%; Falcon pricing softened by 3%, and Gulfstreams dipped by 10%. Bombardier and Cessna list prices dropped the most—13% and 18%, respectively.