Skip to main content

Brokerage sales drop in June

U.S. yacht brokers sold 3,402 boats in June after selling a five-year high of 3,518 in May.

June’s total also was 1.3 percent lower than in the same month last year, when 3,448 boats changed hands, according to reports from YachtWorld.com member brokerages in their proprietary database, SoldBoats.com,

The total value of all boats sold in June was $309 million, a decline from May, when the total valuation was $330 million, and from June 2011, when it was $410 million. Most of the difference from 2011 can be attributed to $78 million less value from sales in the superyacht (over 80-foot) category.

Overall powerboat sales in June were nearly flat, compared with sales in June 2011, as 2,838 boats were sold, versus 2,842 a year earlier. Sailboat sales fell by 6.9 percent, as 564 boats were sold, compared with 606 a year earlier. However, the value of sailboat sales stayed level at $45 million and the month’s large decline was seen in the value of powerboat sales.

For the first half of the year, U.S. brokerage sales volume remained ahead of 2011, with 16,028 boats sold, up 4.2 percent from 15,381 last year. The total value of boats sold was down 6.7 percent, to $1.74 billion, from $1.86 billion.

— John Burnham

Dominion Marine Media editorial director

A more detailed report summarizing recent U.S. brokerage sales will appear in the upcoming issue of Soundings Trade Only.

Related

1_CMTA.KAWECKI

CMTA Names Managing Director

The trade organization promoted Jen Kawecki, who will help grow its membership and support the Hartford Boat Show.

1_FALLBOATSHOW

AIM Announces Connecticut Fall Boat Show

The show, organized by Active Interest Media, will kick off Oct. 7 in Branford at Bruce & Johnsons Marina.

1_MARINEMAX.IBY

MarineMax to Acquire IGY Marinas

The $480 million transaction gives the company a collection of marina assets and a yacht management platform in key yachting destinations around the world.

1_BRP

BRP Launches Multiple New Products

The company debuted Rotax outboards, new Manitou and Alumacraft models and an electric hydrofoil board.

1_EVERGLADES

Everglades Hires Director

Caroline Cozier will lead the company’s sales initiatives in the Northeast, Mid-Atlantic, Great Lakes and Canada.

1_DEALEROUTLOOK

Three Great Ways To Tick-Off Your Customers

As boat sales normalize, it’s essential to keep the customers you have. Here’s what not to do.

1_CHAPARRAL

Buck Pegg Turns 80

Flags were flown at the Georgia State and U.S capitols in honor of the Chapparal Boats founder’s birthday.