Brokerage Superyacht Sales Rebound Sharply In 2025
By Andrew Miles, Miles Yacht Group
Source: BOAT International – BOATPro superyacht market intelligence
I took the liberty to condense the latest BOATPro market report on the state of the yachting industry.
Using BOAT International’s BOATPro data as a benchmark, the global 80‑foot‑plus brokerage market staged a major recovery in 2025, with total reported sales value rebounding to roughly 9.0 billion dollars, just shy of the post‑Covid record reached in 2021. This represents a dramatic improvement from the estimated 4.3 billion dollars in 2024 turnover and comfortably exceeds 2022–2023 levels.
Market cycle and election overhang
BOATPro’s time series highlights a clear Covid‑era cycle: a surge to about 9.1 billion dollars in 2021, followed by a multi‑year normalization phase as demand cooled and asking prices remained “sticky.” Activity reached its low point in 2024, when global macro uncertainty and the U.S. presidential election cycle weighed on buyer confidence.
In 2025, the data show both value and volume snapping back. BOATPro tracks 472 brokerage sales of 80‑foot‑plus yachts, up from 392 the prior year. Motor yachts accounted for the vast majority of trades, but sailing yachts also posted modest growth versus 2023–2024.
Pricing reset and U.S. policy tailwind
Industry leaders quoted by BOAT International point to a broad pricing reset as a key driver of the rebound, with sellers aligning expectations more closely to market reality and well‑positioned yachts moving accordingly. BOATPro data also captures a pronounced acceleration in Q4 2025, coinciding with U.S. President Donald Trump’s “One Big Beautiful Bill Act,” which reintroduced a 100% bonus‑depreciation incentive for qualifying buyers and appears to have pulled additional U.S.‑driven demand into the year‑end window.
Larger, newer and more valuable yachts
On a per‑asset basis, the average 80‑foot‑plus brokerage sale in 2025 is reported at about 17.5 million dollars, significantly above the roughly 11.2 million dollars recorded in 2021’s peak year. BOATPro attributes much of this uplift to a cluster of large‑ticket transactions at the very top of the market, most notably Feadship’s 389‑foot Breakthrough, which BOAT International cites as the most expensive brokerage deal ever concluded (exact price undisclosed).
At the same time, the BOATPro fleet profile continues to skew gradually larger and younger. From 2020 to 2025, the average length of an 80‑foot‑plus brokerage yacht sold has inched up from about 116 feet to 122 feet, while average gross tonnage has risen from roughly 288 GT to 375 GT. Average age has trended down to around 15 years, reflecting sustained new‑build deliveries feeding into the secondary market.
Supply, pricing and the outlook for 2026
From a supply standpoint, BOATPro logs 871 new 80‑foot‑plus listings in 2025, sharply higher than both 2023 and 2024 and the highest intake in at least seven years. Even so, leading brokers quoted by BOAT International describe inventory quality as uneven: buyers enjoy more choice overall, but “best‑in‑class” yachts, remain scarce and trade quickly when priced correctly.
BOATPro’s pricing series confirms a steady rise in cumulative price reductions over the past five years, reaching nearly 1.1 billion dollars of recorded asking‑price adjustments in 2025. Market participants interviewed frame these reductions as a necessary recalibration rather than distress, allowing legacy 2021‑era pricing to be brought back in line with current clearing levels.
Looking ahead, BOAT International’s coverage of the BOATPro data points to a cautiously optimistic outlook for 2026. The key swing factors are:
- How quickly sellers continue to adapt pricing to buyer expectations.
- The availability of high‑quality, late‑model inventory, especially above roughly 200 feet.
- The durability of U.S.‑led demand in the face of any new macro or policy shocks.
From a Miles Yacht Group perspective, the combination of stronger data‑verified liquidity in 2025, robust U.S. participation and improving inventory suggests a constructive environment going into 2026, particularly for well‑specified, realistically priced yachts in the roughly 80‑ to 165‑foot band that sits closest to our core market.
