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    16 03
    Category: Blog
    Written by: 4Yacht
    Hits: 1136

    February American Yacht Brokerage Market Shows Encouraging Trends

    ocean-alexander-yachts-for-saleThe American brokerage market is showing some encouraging trends as 1,652 boats were sold in February, an increase of 85 over the previous month and a 3 percent improvement from the same month in 2014. Total value was $208.6 million, a 1 percent increase from the previous February.

    Powerboats sales rose 4 percent as 1,357 boats exchanged hands, while value also rose 2 percent to $184.3 million. Sailboats declined in both numbers sold and total value. The one disappointing statistic in the report was aggregate price paid for boats of this size, showing a 48 percent decline on nearly level numbers of 14 boats sold. This decline partially offset substantial gains in most other sectors pointing to a healthy market at the beginning of 2015. The remainder of the brokerage market exhibited a 19 percent increase in total value in February with aggregate values of $180 million exchanging hands, up from $151 million from February 2014.

    The number of boats sold was higher in almost every size range, with only vessels 35- to 45-feet showing a decline in addition to superyachts. Sales of boats smaller than 35 feet were level even though strong gains appeared in larger yacht categories.

    Strong gains also occurred in larger yacht categories. Sales increased 47 percent among boats 46 to 55 feet with 125 units sold. For boats 56 to 79 feet, sales rose 17 percent with 49 sold. Total price increased in both segments, rising 83 percent for boats 46 to 55 feet to 439.4 million and 53 percent to $49.2 million for boats 56 to 79 feet.

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