Both listing values and sales figures have continued to climb for the second week in a row with €95-million-worth of brokerage boats joining the market between July 4 and July 10.
The arrival of the 55 metre Amels motor yacht Papa - asking €47,950,000 with Burgess - saw the total value of new listings increase week-on-week by 49 per cent. Papa was one of 11 new yachts to join the market according to BOAT Pro data in association with Superyacht Recruiter.
Last week in numbers
14 sales
€81.5M in total sales value
€5.82M average sales price
11 listings
€95.3M overall listings value
4 price changes
€1.92M in price drops
The total sum of yachts sold last week saw a €47 million increase in comparison to the previous week. This was driven by an increased value of the yachts sold, with 14 sales completed in comparison to 12 the week before. There were three yachts sold with asking prices in excess of €10,000,000, the largest of which is Columbus motor yacht Mrs D which was sold in-house by Superyacht Partners. However, the new-build market appears to have quietened with no new-build sales registered by BOAT Pro last week.
It was a quiet week for price movements with just four recorded price drops on Dinaia, Fiorente, Adar and Tsumat and no reported increases.
BOAT Business’s weekly Superyacht Brokerage Analysis is sponsored by Superyacht Recruiter.
SYR are recruitment partners to the superyacht industry. Bringing extensive knowledge of the luxury yachting sector and an unrivalled network of both fantastic employers and potential candidates, we are the leaders when it comes to recruiting within this market. Our team are experts in helping you hire new team members or advising on your career aspirations.
Please get in contact with us to find out more.