Brokerage Boat Sales July Report

Brokerage yacht sales in the United States fell 3 percent (114 boats) in July compared with the same month last year, according to Trade Only Today.

The total value of the 3,269 boats that sold ($332.3 million) was virtually identical to last year’s figure, according to YachtWorld member brokers reporting in SoldBoats, their proprietary database.

Superyacht sales (boats 80 feet plus) were down by seven boats during the month, but the total value of boats sold in the often volatile category rose 60 percent from $29.3 million to $46.8 million. The total value of the boats sold in most other categories was lower.

Overall, the boats that changed hands sold four days faster on average than a year earlier at 265 days, indicating some additional fluidity in the market.

In the higher-volume segments of the market, the only gains were among boats smaller than 26 feet; in that size range, sales increased 1 percent as 1,045 boats were sold and boats changed hands at a higher average price than they did a year earlier; the figure increased from $24,500 to $25,900.

The total value of boats sold in the highest-volume sector — boats from 26 to 35 feet — remained level at $74 million; the average sold price increased from $56,700 to $58,600.

Although the average prices were level in the 46- to 55-foot group, they increased 9 percent for the larger boats.

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