I'm with you on re-opening the thread. It'd be kind of interesting especially given the ability to compare it to last year's beliefs.
I'm no boat market expert, but my observations here in Seattle is that prices have come down a bit, but not much. On the otherhand, our housing market has only recently begun to slip and the forecasts are it will not get anywhere near as bad as most places have gotten. The past few months have seen the beginning of big layoffs for us and boat prices will likely start to drop a bit as a result.
I have been watching boat prices on YW for the past 18 months or so primarily in the PNW, West Coast, and Great Lakes regions with occassional checks of Mexico and Carib. My completely anecdotal interpretation would be that listing prices on the types of boats I am interested in (less than $110K capable of bluewater) have dropped at least 10%, probably closer to 20%, over the past 18 months with an obvious jolt about six months ago (not including PNW). Some boats have held their higher listing price, but most of those haven't moved. It appears that many of the boats that do sell either sell quickly (very rare and probably well priced to begin with for their quality) or drop their price by at least 20% and sometimes then sell within a few weeks of that.
It would be good to get some input from people more associated directly with the market to see what is really happening. I completely understand folks that don't want to sell their boat for less than they feel it's worth. OTOH I would like to go back and sell my house 18 months ago and it'd help if I could go back and sell my mutual funds about then, too, but I can't - and ultimately that is what decides whether I buy a boat and what I can pay for it. Unfortunately, owning a boat and sailing away is a luxury and as such it will nearly always get axed before basic living requirements like food and shelter.
So, my opinion anyway, boat prices can't help but trend downward as people who have to sell their boat are forced to do so and as lenders begin to flood the market with boats they have repossessed and now want to sell to cover what they have into them. I'm blessed to have a recession-proof job, but most folks right now are struggling to hold onto just what they've got. Other folks who are unfortunately forced to sell in that market will more often than not have to lower their price to be competitive. Just like my stocks, if you don't need to sell right now, you probably shouldn't. Then again, a year from now, I may wish that I had.
Just my opinion.