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    25 01
    Category: Blog
    Written by: 4Yacht
    Hits: 522

    Higher Average Sales Propel December 2016 Yacht Market

    ferretti-yachts-for-saleHigher Average Sales Propel December 2016 Yacht Market: Gains in four of six size ranges propelled higher dollar values in December boat sales. An increase of three boats in sales of yachts over 80 feet brought the biggest increase at $14 million, although the average price paid in this range declined from $5.7 to $5.4 million.

    More significant, however, were sales in the 36- to 45-foot category, where total value rose 12%. Aggregate price pad for the 443 boats sold was $68.1 million, up from $60.7 million in December 2015. A smaller $2.3 million gain occurred among boats 46 to 55 feet.

    All boats 45 feet and shorter had higher average prices, despite generally lower sales. The under-26-foot range, saw average prices increased 10 % to $28,360. In the 26- to 35-foot range, average price jumped 9% to $69,453.

    Sales volume for the entire year dropped 3% from 30,223 to 29,431 boats sold. Aggregate price paid increased 1%, from $3.7 billion to $3.73 billion, over 2015.

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