A 52-Week High for the Sneaker Resell Market

June 12, 2024

Market Rebound? Plus, Nina Chanel x Jordan 3's & Other June Drops

What’s up guys?! Hope May was a successful month of copping major 🔥 for you. 🥂 June brings the return of a grail, a Jordan 3 collab that some are calling “the sneaker drop of the summer,” and an Air Max 1 grail-in-the-making. Keep reading for more, including some interesting market-wide analysis… 👟🤑

Download Arbit, and make sure you got the latest app updates! (iOS/Android)

Is the Sneaker Resell Market Back?? 📈

Moving average sales price is down to start the month of June after a significant rise during the month of May. This shift was expected after a robust month of highly anticipated limited releases. The resell market achieved a 52-week high last month.

When we take a year-long view of the market, there’s evidence we’ve seen the bottom already and that we’re returning to higher prices. May brought the highest sales prices in over a year, and despite this June dip, the current moving average sales price is as high as it’s been since early 2023. Is the sneaker resell market back?? 😳

Follow @getarbit on Instagram for more sneaker market analysis, including an upcoming look at moving average sales prices going back two years.

Price Predictions for the June Pairs You're Most Excited About 💰

June’s releases may not quite stack up with May’s, but the re-release of the iconic Nike Air Force 1 Linen (845053-201) and collabs by HUF and Nina Chanel Abney are garnering significant interest and demand.

Meanwhile, the Japan-exclusive Nike Air Max 1 HUF Pink Pow (HF3713-003) may be a future grail for collectors. The lack of sales and availability in the lead up to its release suggest it’ll be a very hard shoe to get.

Check out Arbit values below for top upcoming releases, and open the app for size-specific prices and predictions. Sign up for notifications in the app to get price change alerts!

Seth Fowler Goes Deal Hunting with Arbit 🤑

Seth Fowler finds steals and deals at the Nike Outlet with the Arbit app! Subscribe to his YouTube channel & stay on top of some of the best sneaker content on the web.