Join Date: Oct 2009
Location: Swarthmore, PA
Thanked 102 Times in 91 Posts
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My thinking is this. The boats that the bottom feeders would buy can probably be gotten for free - 100% price drop. Well maintained boats that are in sail-away condition with recent updates might be down a little. The average means nothing - it's all about which type of boat you are looking for.
Also factor in that some sellers don't want to sell. They'll wait to get their price and frustrate you in the process. Some sellers have to sell because they've run out of money, and may have deferred maintenance for the last several years and may have a lot of hidden things wrong. You could get a good price on the latter boat, but you might be in for a lot of unexpected costs that make it a worse deal than the costlier boat in better condition.
Good luck, but realize that there is no single answer to your question.
Rick S., Swarthmore, PA
USCG Certified Captain, 50 Ton Master and OUPV
ASA Certified 101/103/104/105/106
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2001 Catalina 34MkII Tall Rig Breakin' Away, Universal Diesel M35B, Mantus 35 lb. anchor, sailing out of Rock Hall Landing Marina