To give you a better idea of the sneaker resale market and its trends, we are debuting weekly recap articles.
Let us know what you think!
We’ll begin this weekly market recap by taking a look at some of the hottest kicks that dropped this week!
First up, the Nike Air Max 1 Anniversary Orange (2020)
Although the Nike Air Max 90 is celebrating its 30th anniversary, the Swoosh is still showing love to the shoe that started all the Air craze — the Nike Air Max 1.
To celebrate the icon, the Nike Air Max 1 Anniversary line is coming back. The return of the OG celebrates the historic shoe as an orange colorway.
This offering of the Nike Air Max 1 features a white mesh base with grey overlays on the sides, forefoot, and heel.
Highlighting the shoe are orange accents on the tongue, Swoosh, upper eyelets, mudguard, and toe portion of the sole.
A white midsole atop a black/white rubber outsole completes the design.
This sneaker was a hit for the resell market for a couple of different reasons. First being the colorway.
White/Orange is the perfect combination for both summer and fall. The Air Max 1 model also makes a perfect sneaker that goes well with shorts or pants.
This sneaker also appeals to the older audience as the Air Max 1 is an older model of Nike shoes. This means the older sneakerheads who missed out on drop day are more willing to pay a higher resell value to get their hands on these.
Let’s take a look as to how the Air Max 1 Anniversary Orange turned out on the resell market:
According to StockX, there have been 48 sales with an average resale price of $252, pretty profitable compared to the $140 retail value.
Next up, the Jordan 3 Retro SE Fire Red Denim (2020)
Dressed in a White, Fire Red, and Black color scheme.
This Air Jordan 3 features a White leather upper with raw denim-finished elephant print inspired by Japan on the heel, toe, and eye stay.
The model features a translucent Nike Air and Jumpman heel tabs and comes in special denim elephant-print packaging.
There will also be a Japan-exclusive pair that will be releasing that comes with Japanese branding on the translucent heel tab and CO.JP branded insoles.
This sneaker, that released only a couple of days ago, does not have much to show in terms of data on StockX.
By simply taking a look at the asks, it looks like demand and resells is high for this sneaker, which asks ranging from $300 – $700.
This is interesting because there have yet to be any sales on StockX. Now, this due to the fact that the sneakers have only released in Japan.
The sneakers are set to release on August 27th in the US, and you will see much more market interaction once that happens.
Prices are high now because the sneaker still hasn’t had a wide release and the fact that they have only released in Japan so far means they are limited currently.
The final sneaker we’ll be talking about is the Jordan 1 Mid SE USA.
While OG Highs will always be considered the peak of the litter, Mids and Lows have absolutely dominated the Air Jordan scene lately.
They’re getting scooped up with no signs of slowing down, and credit goes to the Jordan 1 team within Jumpman for crafting some attractive colorways.
Hitting right as the July holiday arrives is this USA-Esque theme that covers the SE model with red, white, and navy blue – an obvious nod to the American flag.
The hint of gold would send these to the “Olympic” category, but there are no alchemic details to be found. And given that these are indeed an SE trim, with upgraded materials in the suede, nylon-Esque finish at the toe-box and lace collar, and exposed stitching around the tongue.
This sneaker released on August 1st with a retail of $120.
With 15 sales on StockX, the average resale price is $154.
To conclude this market recap we will be taking a look at the Bape X Star Wars collection that released on August 1st.
BAPE X Star Wars Darth Vader Tee Black
Number of Sales: 24
Average Resale Price: $163
BAPE X Star Wars Baby Milo Carbonite Tee (SS20) Black
Number of Sales: 16
Average Resale Price: $144
BAPE X Star Wars Bape Sta Tee Black
Number of Sales: 11
Average Resale Price: $139
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Thank you guys for tuning into this weekly market recap brought to you by SixFigureSneakerhead!
Stay safe, healthy, and happy,