There were smiles on the faces of many brokers during the first quarter this year. After moderate gains in January and February, U.S. brokerage market volume eased slightly in March, but total volume for the three months was 3 percent higher than in 2016 at 5,709.
Power-cruiser models were the second-most-viewed class of boat on Boat Trader in 2016. Visitors to the site looked at listings for power cruisers, new and used, nearly 6.5 million times during the year.
U.S. yacht brokerage sales slipped to 2,387 in March from 2,437 a year ago, a 2 percent decline.
Whether because of a warm winter, a rising stock market or a post-election bounce, U.S. brokerage sales volume and total valuation increased for the second month running in February.
Center console models were the most viewed class on Boat Trader last year. Site visitors looked at listings for center consoles, new and used, about 12.7 million times, nearly double the 6.5 million times that boats in the No. 2 class, power cruisers, were viewed.
In February, for the second month in a row, U.S. brokers reported higher sales.
It’s one month into the new year and, after finishing 2016 in the doldrums, the U.S. brokerage market has made a fast start.
Many types of U.S. sellers list new and used-model boats for sale at Boat Trader, ranging from large, multi-office dealers to small shops and private sellers.
U.S. brokers posted a moderate increase in sales volume in January and a major gain in the total price paid for the boats that were sold.
For the third year running, U.S. yacht brokers reached the end of December with fewer boats sold than the year before.