Mare Blue Marine Group

2016 Yacht Sales Market Report

U.S. brokers posted a moderate increase in sales volume in January
and a major gain in total price paid for the boats sold. Brokerage
volume rose 5 percent compared to the same month in 2016, and
total value increased by 62 percent, with 1,585 boats selling for
$323.3 million.

According to YachtWorld member brokerages reporting in
SoldBoats, the dollar value was an extraordinary result, some $80
million more than any other January in the last five years. On the
other hand, while the total volume was above the previous two
years, it was still slightly less than the average number of boats sold
in January during the previous five years.
Superyacht sales drove most of the increase in value. Seventeen

boats, 80 feet and above, changed hands during the month for a
combined total of $131.6 million compared to 11 boats in the size
range that sold in the previous January for $20.4 million.
Most of the volume gains were in the 26- to 35-foot grouping, where
unit sales increased from 527 boats to 593, a 13-percent lift. Sales
volumes also increased incrementally among boats under 26 feet,
up 3 percent, and 46 to 55 feet, up 6 percent.


The value of the boats sold increased by double-digit percentages
in all size ranges below 56 feet, especially among boats 26 to 35
feet, which gained 41 percent, from $29.5 to $41.6 million. The lone
category with lower values, 56 to 79 feet, experienced a 17 percent
drop in sales volume and a 27 percent decline in total value.
Powerboat sales for the month were up strongly, by 11 percent,
with 1,302 boats sold, while sailboat sales declined by 17 percent,
with 283 boats changing owners. All of the value gains in the month
were in powerboat sales, although the value drop in sailboat sales
was only 14 percent, which represented a 4 percent increase for the
month in the average sailboat price paid.