The Island Packet 31, produced between 1983 and 1989, stands as a seminal model that solidified Bob Johnson’s vision of the "Full Foil Keel" cruiser. With 262 hulls manufactured, this vessel transformed the brand from a niche Florida builder into a globally recognized name in bluewater voyaging. The IP 31 was designed as a significant upgrade over the earlier Island Packet 26 and 27 models, offering increased waterline length and a substantially larger interior volume that rivaled many 35-footers of its era. According to the Island Packet Yachts legacy archives, the model was instrumental in establishing the manufacturer's reputation for over-built, seakindly hulls capable of transoceanic passages.
Island Packet 31 Sailboats for Sale & Market Overview
- Make
- Island Packet
- Model
- 31
- Builder
- Island Packet Yachts
- Designer
- Bob Johnson
- Number Built
- 262
- Production Year(s)
- 1983 - 1989
Below are the most recent Island Packet 31 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Apr 2025 | 1 | $27,500 |
| Jul 2025 | 3 | $50,000 |
| Aug 2025 | 5 | $35,000 |
| Sep 2025 | 6 | $42,250 |
| Oct 2025 | 3 | $55,000 |
| Jan 2026 | 6 | $46,950 |
| Mar 2026 | 3 | $57,000 |
Median Price by Country
Listings by Country
Price Reduction Insights
14.3% of listings have had price reductions
Average discount: 12.3% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Island Packet 370/379 | 37.83' | $199,500 | 46 | 22 |
| Island Packet 27 | 26.5' | $29,900 | 34 | 7 |
| Island Packet 40 | 40' | $159,900 | 33 | 8 |
| Island Packet 420 | 44.58' | $284,900 | 32 | 2 |
| Island Packet 32 | 35' | $67,000 | 31 | 7 |
| Island Packet 350 | 34.67' | $119,750 | 30 | 9 |
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Island Packet 31 | $45,000 | 27 | 4 | |
| Island Packet 37 | 38.58' | $119,900 | 21 | 13 |
| Island Packet 45 | 45.25' | $159,500 | 12 | 0 |
| Island Packet 29 | 32' | $58,000 | 7 | 1 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $45,000 | 26 | 4 |
| US Virgin Islands | $39,500 | 1 | 0 |
Frequently Asked Questions
- How much does a used Island Packet 31 cost?
- The median asking price for a used Island Packet 31 over the past 12 months is $45,000. Prices vary by condition, year, equipment, and location.
- How many Island Packet 31 sailboats are for sale?
- We have tracked 27 Island Packet 31 listings over the past 12 months, with 4 listed within the last 90 days.
- Are Island Packet 31 prices going up or down?
- The median asking price for the Island Packet 31 has increased by 26.67% over the last 3 months compared to the 12-month average.
- Where is the cheapest place to buy a Island Packet 31?
- US Virgin Islands currently has the lowest median asking price at $39,500, while United States is the most expensive at $45,000 — a 14% difference.
- Do Island Packet 31 listings get price reductions?
- About 14% of Island Packet 31 listings have had their price reduced, with an average discount of 12.3% off the original asking price.
- What are similar sailboats to the Island Packet 31?
- Comparable models include the Island Packet 370/379, Island Packet 27, Island Packet 40. See the comparison table above for pricing and availability.