The U.S. brokerage market improved in February as 1,652 boats were sold, 85 more than changed hands in January and a 3 percent increase from the same month a year earlier.
Monthly reports on sales of brokerage boats help the industry understand the sizes and types of used vessels that consumers are buying and how long it takes to sell them.
Fishermen, pontoon-boat buyers and people who are attracted to small to midsize outboard boats have been leading the recreational boating industry’s rebound from the Great Recession. They may be getting some company.
Regal Boats said it sold a record number of boats at the 2015 Miami International Boat Show, reaching new highs in unit and volume sales. This was the 40th year that the Orlando, Fla., builder has attended the show.
The new year began with sluggish January U.S. brokerage sales of 1,567 boats, down from 1,623 in December and 1,639 in January 2014.
Sales volume for U.S. brokerages increased in December to 1,623 boats, up by 6 percent compared to December 2013.
U.S. brokerage sales were off 12 percent in November from the same month a year earlier, a sharp downturn, compared with October, when volume was only 1 percent below that of the same month in 2013.
The numbers weren’t nearly as large as boatbuilders and dealers typically see at midsummer, but the industry had another strong month in November, posting double-digit sales gains.
After monthly performances that generally lagged 2013 results by single-digit percentages, U.S. brokerage sales were 12 percent lower in November as 1,749 boats were sold, compared with 1,983 in the same month a year earlier.
The U.S. market for brokerage boats improved in October for boats longer than 36 feet, but overall sales fell 1 percent from the same month last year as 2,304 changed hands.
After 18 years leading the yacht brokerage firm Edmiston & Company, founder Nicholas Edmiston plans to step back from day-to-day management of the business.