Sales volume and total boat values were lower in the U.S. yacht brokerage market in May with 3,586 boats reported sold at a total price of $400.3 million.
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.
U.S. yacht brokerage sales in April increased seasonally to 2,904 boats from 2,203 in March, but lagged 3 percent behind sales of April 2014, when 2,994 boats changed hands.
After a good month in February, U.S. brokerages reported selling only 2,203 boats in March. Although that was 501 more sales than in February, it represented a decrease of 11 percent from March 2014.
The Florida Yacht Brokers Association board of directors named Cynthia “Cindy” Sailor as its executive director.
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.
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.