Market Snapshot
After two years of a seller's market, Fort Lauderdale is shifting. Inventory is up 18% year-over-year, days on market are increasing, and buyers are negotiating harder. This is healthy — and it's creating opportunities.
What We're Seeing
40-60ft motor yachts: The most active segment. Well-priced boats under $1M are still moving in 60-90 days. Overpriced boats are sitting. Buyers have options and they know it.
60-80ft range: Slower. Inventory is building, especially in the 2015-2019 model years. If you're selling in this range, pricing strategy is everything. We're seeing 8-12% negotiation off asking.
Center consoles: Still strong. The fishing and day-boat market in South Florida doesn't slow down. Quality center consoles under $500K are selling within 45 days.
For Buyers
This is your window. More inventory means more choices and more negotiating power. Don't rush, but don't wait too long — the best-priced boats still move fast.
Get a survey. Always. No exceptions. Even on a 2023 model year. We've caught $50,000 problems on boats that "looked perfect."
For Sellers
Price it right from day one. The days of listing 20% high and waiting are over. Boats that are priced at market value are selling. Boats that aren't are sitting for 6+ months and eventually selling below where they should have started.
Presentation matters. Clean it, detail it, fix the small stuff. First impressions drive showings, and showings drive offers.
The market is fair right now. That's good for everyone who's realistic about value.