Brokerage sales results are mixed in March

Publish date:
Social count:

U.S. brokerage sales volume was down 1 percent in March from a year earlier, with 2,560 boats changing hands across the United States, but the aggregate value of the boats sold increased significantly.

According to member brokerage reports, the total price tag came to $370 million, a 47 percent increase from March 2011.

Boats over 55 feet accounted for most of the $117 million gain in value. Ninety-two boats were sold in this category during the month, up from 66 a year earlier, and they brought in $189 million, an increase of $114 million. The 19 superyachts (over 80 feet) that were sold in March brought in $128 million on their own.

Much smaller boats also sold well. Among boats shorter than 26 feet, 924 were sold for a total value of $19 million — $2 million more than the 837 boats that were sold in that size range a year earlier.

In another high-volume category for brokers — boats 26 to 35 feet — March sales were weaker than they were the year before. Only 905 boats were sold in that category, down 120 boats from March 2011, and the total value of those sales decreased from $57 million to $50 million.

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

— John Burnham

Dominion Marine Media editorial director


Yamaha sponsors Jacksonville show

Yamaha has signed on as the presenting sponsor of the Jacksonville In-Water Boat Show that runs April 13 -15 at Metropolitan Park and Marina in Jacksonville, Fla.

Volvo Penta announces contest

Volvo Penta of the Americas is asking new engine owners to submit stories to its inaugural Boating Dreams contest and will award the winner with a Chevrolet Silverado pickup.

MIASF volunteers collect 32 tons of trash

The Marine Industries Association of South Florida and the Marine Industry Cares Foundation, organizers of the 41st Annual Broward County Waterway Cleanup held on March 3, collected 32 tons of trash from 31 sites around the county.

New Jersey saltwater fishing show opens today

The Progressive Saltwater Fishing Expo opens today, nearly doubling its footprint as it moves from the Garden State Exhibit Center in Somerset, N.J., to the larger, more centrally-located New Jersey Convention and Exposition Center in Edison, N.J.