HMY Sells 33 Yachts In July For Over $51 Million
Yacht sales have continued to be hot into the middle of Summer as the HMY team closed 33 new and brokerage yachts in July totaling over $51 million. This is another strong month following a successful 2nd quarter where the HMY sales team and support staff closed 125 yachts for over $130 million. The substantial activity through the Summer months is cause for optimism that the upcoming boat show season will see continued positive growth into 2017.
Tim Derrico, Director of Sales for HMY Yachts, commented on July's success, "We have such a large network of buyers that good, quality listings are just not lasting in this market. The minute we get a listing, we already seem to have activity on it before it even hits the MLS. We have had several boats sell in less than 30 days. You really can't find a better market to list your yacht for sale than what we are seeing right now."
The number of brokerage yachts available on the market today is down 25% due to the recent surge in sales and slowdown in manufacturer production from 2008-2011. If you are considering moving into a bigger boat, the timing is right to list your yacht for sale now while inventory is low and boats are selling quickly. For more information on how to list your yacht with HMY, visit our Sell Your Yacht page.
Here are just some of the boats sold in July, 2016:
2008 Benetti 143' Motor Yacht
1998 Delta 124' Tri-Deck Motor Yacht
1984 Poole Chaffe 105' Motor Yacht
2006 Marquis 65'
2007 Viking Yachts 64' Convertible
2009 Viking Yachts 60' Convertible
2008 Viking Yachts 56' Convertible
2001 Ocean Yachts 56'
2014 Sunseeker 55'
2009 Hatteras Yachts 54'
2011 Beneteau 47'
2006 Riviera 47'
2016 Intrepid 40'
2003 Sabre Yachts 36'