This is the second update on AR price tracking.
On December 28th I decided to track the final sales price of ARs to determine when we may peak on the current crazy price situation. I tagged bids on GB for a standard Bushmaster 16" E2S NIB-- no used guns, no special add-ons like optics, just a vanilla .223 that would typically retail prior to the crisis at something under $1000.
I took an average of those bids on days where I was able to find at least six representative transactions that closed for this rifle. I did not include any data where the final bid was under the reserve, nor did I include any data from sellers who did not have at least one point of feedback.
The averages over the last twenty days are as follows:
As you can see, the prices peaked on December 29th, and have been decreasing (on average) through January 6. However, they started to march back up on January 8 and hit another high point on January 15-- the day before the announcement in DC. Today the average price for six of these representative transactions was $1666.
I intend to track this data another 10 days to see if this trend continues, or if we see a spike back up as we hear about the likelihood of legislation passing in Washington.
For those interested, the lowest sales price in the past ten days was $1260, and the highest was $2,275.
On December 28th I decided to track the final sales price of ARs to determine when we may peak on the current crazy price situation. I tagged bids on GB for a standard Bushmaster 16" E2S NIB-- no used guns, no special add-ons like optics, just a vanilla .223 that would typically retail prior to the crisis at something under $1000.
I took an average of those bids on days where I was able to find at least six representative transactions that closed for this rifle. I did not include any data where the final bid was under the reserve, nor did I include any data from sellers who did not have at least one point of feedback.
The averages over the last twenty days are as follows:
As you can see, the prices peaked on December 29th, and have been decreasing (on average) through January 6. However, they started to march back up on January 8 and hit another high point on January 15-- the day before the announcement in DC. Today the average price for six of these representative transactions was $1666.
I intend to track this data another 10 days to see if this trend continues, or if we see a spike back up as we hear about the likelihood of legislation passing in Washington.
For those interested, the lowest sales price in the past ten days was $1260, and the highest was $2,275.
