Instagram can be a great way to flex through social networks and noticing your favorite shoe-lebrity with a sneaker that doesn’t drop for 3 months can be a huge thrill. However, don’t believe the hype when it comes to sellers providing the shoe so far ahead of the release date! Using the ShoeFax app (Apple / Android), we’ve compiled a variety of declining price graphs for recent releases such as the Air Jordan 2 and 11 models, the recently released Air Jordan 6 Carmine, and the popular Nike Air Foamposite Pro Yeezy.
Sales data collected from eBay and Kixify listings show us the pre release price of recent sneakers as well as the constantly declining profit as the sneakers approach their release and eventually get undercut from various sellers.
First, we look at a recently released Air Jordan 11 Low with an upcoming color way as well. Concord has been a huge part of the Air Jordan 11 hype, with a mid top re-release in 2011 changing the game forever. The color way made its way to the low top model, fetching nearly double retail just weeks before its release. The Concord 11 Low has been on a slow but steady decline which proves successful for patient buyers that haven’t fallen prey to pre release hype.
The Concord 11 Low has been on a slow but steady decline which proves successful for patient buyers that haven’t fallen prey to pre release hype.
The upcoming Infrared 23 color way holds quite a bit of hype and releases in just under two weeks on June 14th for $150. Using the ShoeFax app, we have analyzed sales data and visualized an immense drop which does not bode well for early buyers anxious to stunt on social networks.
Take a look at the Air Jordan 6 Carmine as the pre release hype was at its highest a few months before the drop this month. The decline from nearly $500 was apparent up until the release date and is still on the fast track to being available for slightly above retail prices.
The Nike Air Foamposite Pro Yeezy held such a high market value at $450 on average due to the immense popularity of the color way and celebrity cosign, but the death of the foamposite has struck on this color way regardless. You can catch the foamposite at its lowest resell price ever and pairs for retail have even popped up so be on the look out after releases instead of attempting to be team early.
The decline from nearly $500 was apparent up until the release date and is still on the fast track to being available for slightly above retail prices.
The Air Jordan 2 Infrared had quite a bit of hype behind it but ultimately dropped in price drastically from $350 and has now stuck around latest celebrity news at a comfortable $200 which is slightly above retail and tax.
The Air Jordan 2 Nightshade didn’t sell for much in the first place at $260 but dropped regardless of its limited availability, and is now slightly rising in average prices.
At the end of the day, consumers hold the choice on what to purchase with their money but the data is apparent enough to help make an educated choice. Choose your releases and don’t fall prey to early releases if you feel that the value is not there because over the weeks, even your favorite color way or silhouette has a high chance to decrease in value and that may be the time to make a purchase. Finally, view all the data on past and future releases via ShoeFax app (Apple / Android).
