Complete Story
 

04/19/2017

March Brokerage Volume Dips, Values Rise

by John Burnham, Yachtworld Editorial Director

YachtWorld logo

U.S. yacht brokerage sales slipped from 2,437 in March 2016 to 2,387 boats in March 2017, a 2 percent decline. However, according to YachtWorld member brokers reporting in SoldBoats, the total value of sales moved substantially in the other direction, climbing from $281.7 to $350.6 million.

The loss in volume was due mainly to a 122-boat decline in the sale of boats under 26 feet long. This was offset somewhat by increases in other categories, especially boats 46 to 55 feet, which rose from 127 boats to 168 boats sold. Small volume increases were also reported among boats 26 to 35 feet and 36 to 45 feet. 

Gains in the price paid for boats were made in all size ranges over 26 feet, with the biggest increase, $26.5 million, coming among boats 80 feet and longer. Boats 56 to 79 feet delivered an additional $16.3 million compared to March 2016, and boats 46 to 55 feet gained in aggregate price by $10.8 million. 

Powerboat sales for the month were down 4 percent, with 1940 boats changing hands. Sailboat sales increased by 6 percent, with 447 boats sold. 

Through the first quarter of 2017, total U.S. sales volume was 5,709 boats, an increase of 3 percent over 2016. The total price paid rose $702 million to $904 million, a gain of 29 percent. 

—John Burnham

 

Note: A version of this article first appeared in Soundings Trade Only Today.




Upcoming Events

 April 2017 
SMTWTFS
      1
2345678
9101112
  • YachtCloser / YachtWorld Integration

    3 CPYB Recertification Credits

    April 12, 2017
    12:00-1:00PM

131415
16171819202122
23242526
  • What is Your Unique Selling Proposition?

    3 CPYB Recertification Credits

    April 26, 2017
    12:00-1:00PM

2728
29
30      
April 26, 2017
12:00-1:00PM

YBAA/CPYB e-Seminar

What is Your Unique Selling Proposition?

3 CPYB Recertification Credits

April 28, 2017
9:00AM-4:00PM

Yacht Engineering Seminar - IYBA

10 CPYB Recertification Credits

Westin, Fort Lauderdale Beach

May 10, 2017
12:00-1:00PM

CPYB Only e-Seminar

Yacht Transport

3 CPYB Recertification Credits

May 15-17, 2017

American Boating Congress

10 CPYB Recertification Credits

Renaissance Hotel, Washington , DC

May 24, 2017
9:30AM-2:45PM

NYBA Annual Meeting

10 CPYB Recertification Credits

Lynwood Convention Center

May 24, 2017
12:00-1:00PM

YBAA/CPYB e-Seminar

Mark Your Calendar

3 CPYB Recertification Credits

July 18, 2017
8:00AM-4:00PM

YBAA University - Annapolis

10 CPYB Recertification Credits

Doubletree Hotel - Annapolis, MD

July 20, 2017
8:00AM-4:00PM

YBAA University-Providence

10 CPYB Recertification Credits

Downtown Marriott PVD, RI

View all