Brokerage sales in the U.S. increased again last month, with 1,908 boats sold for an aggregate of $231 million. According to member brokerages reporting in Soldboats.com, the volume of sales rose 13% compared to February 2011, and the total value of the boats was up 25%.
For the year to date, 3,452 boats were sold for an aggregate price of $425 million. Those represent 8% and 17% increases, respectively, over sales volume and valuation in January and February of 2011.
While the sale of big boats and super yachts has hogged the headlines for much of the last year, boats under 26' sold well in February, with 639 boats changing hands, a 16% lift from 2011. The sale of boats 36' to 45' increased 11% to 370 boats. Even the 26' to 35' category, which lagged in January, saw improved year-over-year sales in February with a 10% increase in sales to 714 boats. Collectively, 1,723 boats under 45' changed hands, a 12% lift, and they sold for $102 million, an 11% gain.
Not to be outdone, brokers selling boats over 55' closed 147 deals in February, a 32% increase over the same month in 2011. The boats involved sold for 43% more, with $177 million in sales. The sale of 16 super yachts (boats over 80') accounted for $56 million of the total, which was more than double the total price paid for the 9 super yachts sold a year earlier.
John Burnham is Editorial Director of Dominion Marine Media.
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