Florida Yacht Brokerages Gain Significant Market Share in 2011
Data released today by YachtWorld.com, a Dominion Marine Media (DMM) business with the Internet’s largest worldwide database of brokerage boats, shows that Florida member brokers sold boats in 2011 with an aggregate price nearly equal to that of boats sold in the rest of the U.S.
The data contained in the YachtWorld.com Market Index showed that while Florida brokers accounted for just fewer than 20 percent of the brokerage boats sold nationwide, their sales netted 47 percent of the value of all sales in the country.
Other key findings of the YachtWorld.com Market Index include:-
- Combined Brokerage Sales in Europe & U.S were U$5.34 billion in 2011 versus U$5.25 billion in 2010
- The number of brokerage boats sold in the U.S. was down 3% compared to 2010 while the aggregate value of the sales was up 3% to U$3.3 billion.
- The number of brokerage boats sold in Europe was down 2% compared to 2010 and the aggregate value of the sales was down 1% to U$2.03 billion.
“We study our member brokers’ sales data in SoldBoats.com every month,” said John Burnham, editorial director of YachtWorld.com. “When we analyzed the data at the end of the year for this issue of the Market Index, even we were surprised how much sales of premium yachts drove the total value of sales higher in 2011. It also benefited brokers working in regions like Florida and southern Europe where most of these vessels are sold.”
The report is published by YachtWorld.com. With boats for sale offered by over 10,000 individual yacht brokers in 143 countries, YachtWorld.com receives nearly 2.5 million global visits by boating enthusiasts each month. Data on completed boat sales is contributed by broker members to YachtWorld.com’s proprietary website, SoldBoats.com, which currently stores detailed specifications and actual selling prices on over 500,000 used boats, sold since 2002.
A copy of the YachtWorld Market Index may be obtained here or by contacting Courtney(dot)Chalmers(at)dominionmarinemedia(dot)com