DataTracker: Asking prices rise for small boats - Trade Only Today

DataTracker: Asking prices rise for small boats

Publish date:
Click to enlarge.

Click to enlarge.

In our annual review of Boat Trader’s inventory of boats listed for sale, this year we compared average asking prices within different length ranges for the period Nov. 1, 2013 to Oct. 31, 2014. There were two distinct trends, as reflected in the table above.

Among small boats, 24 feet and shorter, average prices increased, year over year. The biggest percentage jump was in the 10- to 14-foot size, but perhaps more telling was the $1,114 (4 percent) increase among 20- to 24-footers. Boats of this size are the most common listings on Boat Trader.

Larger boats were listed at slightly lower prices, with boats 25- to 39 feet long showing incremental decreases in average pricing. On both a percentage and an absolute basis, the decreases were much greater for boats over 40 feet.


New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.

Mazu releases new sportfishing app

Technology and satellite communications company Mazu has launched a sportfishing app that seeks to give anglers weather and sea state information, and provide powerful communications capabilities via satellite.