1st Quarter Boat Sales 2012

[Ratickle]

Interesting numbers and their view of the results.Especially when you think that probably our biggest segment performed the worse...







In March, U.S. brokers sold 10 percent more boats under 26 feet than they did the previous year, closing deals on 924 boats. For the quarter, the category totaled 2,075 sales, an 11.6 percent gain from 2011. The total value of boat sales in the category was $42 million, up 13 percent from $37 million a year earlier.

At the other end of the spectrum, 92 boats over 55 feet were sold in March, a 39 percent increase from 2011, and the total value of those sales was up 151 percent, at $189 million in sales. Nineteen of those 92 boats were superyachts of 80 feet or longer and they alone sold for $128 million.

For the quarter, 237 boats over 55 feet changed hands, 60 more than a year earlier. This 34 percent increase resulted in a $165 million increase in aggregate sales value. However, most of the valuation gain occurred in the superyacht segment, where 48 boats sold for an average price of $4.5 million; in the first quarter a year earlier, 30 boats sold for a $2.4 million average.

The weakest-performing segment of the market — and the main reason that sales were slightly lower for the month — was boats 26 to 35 feet. Only 905 of them were sold in March, down 120 boats, or 12 percent, from March 2011. The aggregate value of the sales decreased nearly in proportion, by 11 percent, to $50 million.

John Burnham

[Nmbr1GMfan]

I service some boat maunufacturers with my business, I was there in 06 when the problems started. Fast forward to 2012 and we are seeing an increase in business, some we have seen on hold for a couple years starting to ramp up, the ones that we deal with that continued to sell are getting increasingly busy. I hope it increases enough for me to eat again.

[Ratickle]

I hope it increases enough for me to eat again.

Welcome, we hope so too!!!

[htrdlncn]

Seems boats are following the general trend in our citizens ..
The bottom and top grow while the middle gets smaller and smaller.