Senior Smart Aleck
Join Date: Aug 2009
Location: Richmond, Virginia
Thanked 70 Times in 65 Posts
Rep Power: 6
Re: Average number of months for a sailboat to sell
Whadda ya think the average number of months a boat for sale sits as a listing before someone comes with cash? I'm looking for the next boat and have ID'd a few to look at prior to a survey. Wondering if time is on my side because I have so little of it. Don't get me wrong, once I own the boat it will be minutes from home and I can get plenty of sailing in.
What is the market like in your area? Are you seeing many boats on the market after the destruction of Trop. Storm Sandy?
Here in the mid-Atlantic, it still appears to be a buyer's market, with supply greater than demand. I browse Yachtworld occasionally for fun. Many sellers refuse to accept the new market reality, or perhaps can't afford to sell with the secured debt on their boat, so their boats are listed seemingly for years without selling. There are some great bargains out there.