Home

Editorial

Sailing yacht owners: ‘It’s a seller’s market.’

Photo above: Andrea Francolini

The sailing yacht market is experiencing vigorous activity. As proof of this, a steady increase in available-for-sale sailing yachts, both new build and brokerage, helped drive up sales a staggering 100 percent in Q3 2022 when compared to last year.

Sales of 12 yachts over 30m in the same quarter equalled this year’s previous high in Q1, and Burgess handled three of the largest sailing yacht sales of the year. With sales momentum showing no signs of slowing and a handful of quality new options on the market, our brokers are expecting a strong Q4 to close out an already impressive year for the sailing yacht market.

'Demand never stronger'

‘Demand in the sailing yacht market sector has never been stronger,’ said Senior Partner and Senior Sales Broker Henry Craven-Smith. ‘Order books in the leading European shipyards are BURSTING and quality inventory in the second-hand yacht market remains scarce. For yachts of genuine quality, there has never been a better market to sell in!’

'No signs of abating'

Sales Broker Jamie Small is equally effusive: ‘It’s a seller's market and the post-Covid boom sees no sign of abating! The strong dollar is helping the largest market of US buyers reduce the brokerage inventory of anything of decent quality. The yards’ order books may be full but challenges in staff and supply chains will see some delivery delays moving forward, further stoking the market.’

If you want to take advantage of this asymmetric market, choose Burgess as your Central Agent. To get an accurate, up-to-date valuation, contact a Burgess broker now. We have a very strong record of selling quality inventory in the sailing yacht market and getting the best possible outcome for you, the seller. Below is a selection of the most impressive yachts sold by Burgess in the last few years.