With attention now turned to the US marketplace after the Fort Lauderdale International Boat Show, Camper & Nicholsons analyse the motor and sailing yacht market in October.
In October the market saw in excess of 25 yachts of 24-metres and over sold of which more than 55% were aged 10 years or older and the average length of yachts sold being 28m. Amidst these sales, two of the largest motor yachts have been a 61m (200’) Amels and a 52m (171’) Feadship built in 1995.
There were also a number of sailing yachts during October sold to include a Perini Navi. The combined asking price of these yachts were in excess of 110 million dollars, showing a 25% increase in the volume of yacht sales compared with the same period last year. However there was a 42% drop in asking price value compared with the same period last year, indicating that there were larger sales accounted for in the 20 or more yachts sold in October 2012.
The largest yacht to join the brokerage market this month was a 56m (184’) Perini Navi sailing yacht, one of seven new sailing yachts to have joined the market in October in addition to the 52m (170’2) O’Neiro built by Golden Yachts Athens which was the largest motor yacht do join the new yachts for sale.
With just under 300 sailing yachts currently for sale, there is one to suit all requirements. Approximately 20% of sailing yachts have been built within the past five years, where 24% of all sailing yachts available for sale in the marketplace, are just five years old or less. Currently there are approximately 2,050 yachts for sale in the 24m and over category with the oldest being the 24m (84’) 1897 Gaff Ketch built by Payne & Sons.
Should you need further, more precise information on any of the above figures, or more details on the impressive list of yachts we currently have for sale, please do not hesitate to contact your Camper & Nicholsons broker.