May Brokerage Sales Highest in Five Years By John Burnham | jburnham@yachtworld.com |
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Sailboat sales continued relatively strong, with 607 boats sold, a 5 percent increase compared to May 2012. More importantly for the market as a whole, sales of powerboat also rose 4 percent, to 3,123 boats.
Better sales were reported among all sizes of boat 45 feet or shorter, with 1,691 closings for boats under 35 feet, a 4 percent gain. In the 36- to 45-foot range, sales were 3 percent higher, with 759 boats sold. The only size range to record lower sales was 46 to 55 feet, down 3 boats compared to May 212, with 178 boats sold. Big-boat sales were also strong. Among superyachts (over 80 feet), 20 were sold, up 10 from the year before. And in the 56- to 79-foot size, 82 boats changed hands, up from 76. The total value of boats sold in May rose by $98 million, mainly on the strength of superyacht sales (up $91 million). By contrast, boats 56 to 79 feet sold at a total price that was $6 million or 10 percent below the previous May. The market under 55 feet made up the difference, with a total value gain of $13 million. Through the first five months of the year, overall sales were 1 percent lower than in 2012, with 12,659 boats sold. The total value of the boats sold was 15 percent higher, with $1.66 billion changing hands. |