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Market report: Sales and listings values drop week-on-week

28 June 2022 •by Tom McGhie

Between 20 – 26 June, both sales and listings in the superyacht market decreased in value week-on-week.

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According to BOAT Pro data in association with Superyacht Recruiter, only four yachts found new owners last week, down from nine in the week before. The largest vessel – and subsequently the most expensive – to be sold was Custom Line’s 38 metre Amelia. Previously listed with Smart Yachts, Amelia fetched €10.3M, making her easily the priciest purchase of the week.

Once again, the gently undulating nature of the superyacht market was in full view – the overall sales value of €23.4M marked the fifth week in a row where the figure had seesawed from ‘high’ to ‘low’ or vice versa.

Brokerage in numbers

4 sales

€23.4M in total sales value

€5.85M average sales price

5 listings

€18.6M overall listings value

8 price changes

€2.7M in price drops

€0 in price increases

Joan's Ark

Elsewhere, total listings values decreased week on week from €39.7M to a paltry €18.6M. Although each one of the five boats that entered the market were over 30 metres, only Crescent’s 37 metre Joan’s Ark and RMK’s 30 metre Serafin were asking over €5M.

After the spell of depreciation finally receded last week, the total number of superyacht price increases returned to zero. The largest reduction, on the other hand, was the €1M off Palm B’s price tag.