http://www.highsnobiety.com/2015/02/19/kanye-yeezy-resell-price/
Tracking the Resell Price of the adidas Yeezy 750 Boost
As what is sure to be the biggest sneaker release of 2015, it is hardly surprising that Kanye West‘s adidas Yeezy 750 Boost has caused pandemonium on the sneaker resell market. For an exclusive insight into the resell value of the blockbuster shoe, we hooked up with sneakerhead data resource Campless, who have tracked the Yeezy 750 Boost’s average resell price across a variety of third-party platforms – from eBay and Facebook to dedicated resell channels like Flight Club and Solecollector. Illustrator Dan Freebairn of KickPosters then created original infographics exclusively for Highsnobiety.
For an exclusive insight into the resell value of Kanye West's Yeezy 750 Boost, we hooked up with sneakerhead data resource Campless, who have tracked the sneaker's average resell price across a variety of third-party platforms.
From this first infographic we can see that the Yeezy 750 Boost is commanding anywhere between $1,200 and $2,185 on the resell market – with an average of $1,573 across all channels, including eBay, Facebook, Flight Club and more.
Breaking down the shoes to hit eBay through February 15 – a total of 535 pairs hit the site, 50% of which were sold at an average price of $1,496 – the most expensive of which went for an exorbitant $5,400.
We see here that the amount of Yeezy 1s and 2s hitting eBay sharply increased on the weekend of the shoe’s release – with a total of 121 pairs hitting the site on February 14. Hardly surprising given the Yeezy hysteria that has gripped the sneakerhead world since the shoe’s release.
Campless also provided a detailed breakdown of the run-up of events that led to the sneaker’s release – from Kanye’s first announcement of his signing with adidas back in November 2013, right up to the sneaker’s release on Valentine’s day.
While the sneaker’s average price is far from the dizzying heights scaled by the Yeezy 2 series – whose Black/Solar Red and Red October colorways fetch over $2,500 on the resell market – the Yeezy 750 Boost’s $1573 average resell price is still a 450% markup on retail, which is similar to the markup fetched by the Yeezy 1 and 2 when they were initially released.
With a further batch of the shoe scheduled for release in March, and Kanye himself promising that everyone who wants to get a pair will be able to eventually, it’s unlikely the Yeezy 750 will hit the extravagant price tags of its predecessors. With Kanye claiming in recent interviews that he aims to democratize fashion with his adidas line, it is likely that this latest installment of Yeezy sneakers will be one of the easiest of the series to acquire.
For further reading check out the full apparel and footwear offerings from Kanye’s YEEZY SEASON 1 line.
