Air Jordan 11 Concord – Market Price Report UPDATE

The frenzy and madness continues as fanatics are paying an arm and a leg to cop their pair.  People say it’s just a general release, well, when the demand exceeds supply by 10 folds, helps explain the reasoning behind the lunacy of people.

I will help gauge the market price of the Concords by taking the total price of the last 10 completed listings on eBay at the most present point in time.  Total price included standard shipping. I also only took “top-rated” eBay sellers – this is to eliminate problematic sellers that buyers may not trust with lower feedbacks. This is not perfect system by means. There could be fraudulent transactions or shill bidding that I have not accounted for.  Take it for what it’s worth.  Here are the findings:

Last 10 completed listings on eBay at Dec 27, 2011 9:13 AM CDT

Average arithmetic mean- $430.60

High Price- $499.99

Low Price- $365

2 days ago, I did the same study.  Average price has gone done from $439.89 to $430.60.  High Price stayed consistent at around $500.  Low price went down from $374 to $365.  I will perform this study every 2 days and map out my findings into a graph after more data has been gathered.  Stay tuned.

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