September Boat Sales Report

U.S. yacht sales in September were mixed as 108 fewer boats were sold compared with the same month in 2015, but the total amount paid for the ones that were sold rose $27 million, or 10 percent, according to Trade Only Today.

A total of 2,367 boats and $286.6 million changed hands in the U.S. in September, according to YachtWorld member reports in SoldBoats, their proprietary database. Also, through the first nine months of this year, 23,968 boats were reported sold by YachtWorld member brokers, down 2 percent from 24,455 in 2015. But the total price paid was 1 percent ahead of last year at $2.93 billion.

September sales were off 4 percent overall, but they slid 5 percent in the dominant powerboat category as 1,900 of those boats were sold. In comparison, sailboat sales stayed level with 467 reported.

Three of six size ranges saw sales volume grow, including a 3 percent increase in boats from 36 to 45 feet, with 603 sold. The total value of boats sold increased 6 percent to $81.3 million, Trade Only reported.

The big-boat segments of 56 to 79 feet and 80-feet-and-up also saw gains; sales in those categories increased from 71 boats last September to 89 this year. The total value also rose from $62.6 million to $89 million.

Two high-volume segments saw decreases for the month as 609 boats under 26 feet were sold, off 10 percent, and 918 boats from 26 to 35 feet were sold, a figure that was down 5 percent. 

However, prices held up well in both categories and the average value of the boats sold in each segment rose for the month.

For more information on purchasing a new or used yacht, email Sales@denisonyachtsales.com or call 954.763.3971.