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.
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.
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.
With 2,414 boats changing owners in September, sales in the U.S. brokerage market were off 7 percent compared with the same month in 2013.
Fort Lauderdale-based motoryacht brokerage 26 North Yachts announced the addition of experienced broker Bob Offer.
The broker who is looking to sell the 284-foot superyacht Cakewalk is finding buyers harder to come by — a trend in the superyacht marketplace that bears watching.
Knot 10 Yacht Sales added Randy Walterhoefer to the brokerage.
Brokerage boat sales declined 5 percent in August as 2,862 boats changed hands, compared with 3,027 in the same month last year.