This is the third 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 six weeks are as follows:
As you can see, the prices peaked on December 29th, dipped and then another local high point on January 14th, the day before the 23 presidential executive orders were announced.
Prices have been decreasing since that time, and have been bouncing between $1200 and $1300 over the past week.
The general trend has been down.
For those interested, the lowest sales price in the past six weeks was $975, 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 six weeks are as follows:
As you can see, the prices peaked on December 29th, dipped and then another local high point on January 14th, the day before the 23 presidential executive orders were announced.
Prices have been decreasing since that time, and have been bouncing between $1200 and $1300 over the past week.
The general trend has been down.
For those interested, the lowest sales price in the past six weeks was $975, and the highest was $2,275.