Yacht Sales Report: October 2012 Boat Sold Higher By 13%

Sales of brokerage boats and yachts in the United States were up in October as 2,198 boats changed hands, a 13% increase from October 2011, when 1,937 were sold.


Defying the usual seasonal trend, the October sales total also represented a significant increase from September, when 1,962 boats were sold. A surge in sales of boats under 55′ was responsible for the increase, according to YachtWorld member yacht brokerage firms reporting in their proprietary database, SoldBoats.com.

Despite these gains, slower sales and lower average prices paid among boats over 55 feet lowered the total value of sales by 7%, compared with October 2011, from $259 million to $242 million. Sales of smaller boats, which represent the great majority of transactions, were $13.7 million higher, but among the relatively small number of larger boats sold the aggregate price paid was down $29.2 million. Nonetheless, the total value of sales in October was higher than in September, August or July.

Particularly notable is that sales of boats in the high-volume end of the market — under 35 feet — were not only higher in October, but the boats also were selling at higher average prices.

Among boats under 26′, sales were up 6%, with 575 sold, and the total price paid was up 12% to $12.5 million. The average price increased from $20,500 in 2011 to $21,700 in 2012.

Among boats 26 to 35 feet, sales were up 17%, with 879 sold, and the aggregate price was $47.1 million, up 23 percent. The average price paid rose from $51,000 to $53,600.

In contrast, the average price paid for a boat that was longer than 56′ declined from $1.9 million in October 2011 to $1.3 million this year.

Latest News & Events

Hatteras 100 MY motoryacht yacht  

Hatteras 100 Raised Pilothouse Walkthrough Video

The Hatteras 100 Motoryacht offers amenities t…

superyachts yachting Palm Beach  

Dazzling Displays Draw Boaters to Palm Beach Show

Sunny skies and sparkling yachts drew large cro…

Palm Beach Boat Show Denison yachts  

Palm Beach International Boat Show Gallery

Thousands of people attended the 32nd annual Pa…

Beneteau Grand Turismo yacht walkthrough video  

Beneteau GT35 Features 2014 Wakthrough Video

Join us as BoatTest.com takes a look at the featu…

54 Sabre downeast yacht walkthrough video  

February Boat Sales Continue to Climb

The recreational boat industry followed a stro…

59 Grand Banks trawler Palm Beach Boat Show Charles Blickle  

59′ Grand Banks Aleutian Trawler Walkthrough Video

INDULGENCE is the finest 59′ Grand Banks…

Palm Beach International Boat Show  

27 Reasons to Attend the Palm Beach Boat Show

Denison will feature 27 stunning yachts at this…

Breaux Baycraft motoryacht Bayou Bruce Schattenburg  

Denison Sells Classic 124′ Motoryacht “Bayou”

Denison is excited to announce the sale of Bayou…

Monte Carlo Yachts transcript video  

Monte Carlo Yachts 86 Entertaining Features Video

Join us as BoatTest.com takes a look at the enter…

54 Sabre downeast yacht walkthrough video  

54′ Sabre Walkthrough Video

This particular Sabre has found a new home, bu…

90 Eagle motoryacht MIA walkthrough video  

MIA: 90′ Eagle Motoryacht Walkthrough Video

This 90′ Eagle motoryacht was refit in…

Beneteau First 35 Carbon Edition walkthrough video  

Beneteau First 35 CE Accommodations Video

Join us as BoatTest.com takes a look at the accom…

Site Archives