The time to buy is now! Superyacht brokerage sales continue to boom, with the first three months of the year showing a record number of vessels changing hands following a strong end to 2020, exclusive BOAT Pro data can reveal.
The Time to Buy is Now
Combined sales for January, February and March this year showed a 46% increase compared to the same period last year, ending the first quarter of 2021 with 133 brokerage sales versus 91 in 2020.
Global yacht sales haven’t seen a first quarter this strong since 2018. Industry numbers that compare Q1 2020 to Q1 2021 show a huge leap in boats and yachts sold worldwide.
Data reveals that the U.S. makes up about one-third of global boat sales. In North America, 9,336 boats were sold in Q1 2021 compared to 6,526 boats sold in Q1 2020. Europe and Asia also experienced a strong first quarter with a significant increase in yacht sales compared to Q1 2020 and 2019.
Brokerage experts say:
- Increase in new superyacht buyers
- Interest in larger vessels on the up
- Growth driven by travel frustrations
- Boom likely to continue into H2 2021 and possibly beyond
- Concerns over Q3 and Q4 stock availability
Are you ready to stop asking yourself when, and start taking action? The time to buy is now! Explore our selection of available yachts and let’s get you in your dream boat in time for summer.
