It'd be pure conjecture to say what the survey covered and the method of valuation that was used, perhaps it was valid, perhaps not... I've posted about valuations and market prices and selling prices before...
this was early this summer
ok, just to feed your spreadsheet here are results for the sailboats I've surveyed since jan. 1 of this year (asking vs actual sales price)
Catalina 34, 78 %
Freedom 33, 61%
Catalina 27 94%
Islander 30, 79%
Valiant 40, 85%
Columbia 36, 40%
Catalina 30, 80%
Columbia 36, 96%
Bene Oceanis 430, 71%
CSY 44, 91%
Morgan 41, 90%
Cheoy Lee Offshore 41 60%
Now, please put down your slide rule, close your excel spreadsheet, and forget your graph. You're trying to analyze a subjective value.
Lets say I own a Frogbobber 41. It was my first boat, I lost my virginity on her. I put 20k of repairs
, upgrades and fluffernutters in her. I sailed her from Seattle to Cabo singlehanded in a hurricane.
Now, my 4th wife hates the boat. She says "her or the boat" (ok, I know I'd chose the boat). So, I call Sailor Bob, the broker, and say "put her up for sale at 120k." (the boat, not the wife) knowing that the boat is worth 50k. Billy Gotbux comes along and says, "I'll give you 50k for the boat." Nope. He comes back a month later and says "I'll give you 70k for the boat." Nope. He comes back a month later and says "I'll give you 119k for the boat".. Ok, Billy Gotbux is now the proud owner of a Frogbobber41. You see, Billy Gotbux saw a Frogbobber 41 25 years ago an fell in love with the look of it. Now, his life is complete. Me? I'm putting a down payment on an Hylas, and divorcing the
everyone is happy, the broker is shaking his head while he cashes his check.
ask vs offer vs sale price is SUBJECTIVE!
Yes, there are boat valuation guides, the operative word is GUIDE.
Take for example the CSY 44, it was priced right and just what the new owner wanted.
One of the Columbia 36's had set idle on the dock for over 5 years, and was an estate sale thing, and the other Columbia 36 was a boat that was used almost every weekend... from the figures I gave, can you tell which was which?
I also know of a Catalina 30 that will probably go for no more than 10 to 15% of asking price.
Almost every one of the responses you have recieved on this topic have said the same thing. I'm seeing a trend, perhaps I'll make a graph...
(feeling my post toasties this AM)