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Despite PlayStation 5 stock levels not keeping up with demand, and the console remaining difficult to buy, resell prices are quickly falling.
PS5 prices on the secondary market StockX have tumbled by almost 30% since their peak according to new data. The company explained to me that after hitting $1,000 on Cyber Weekend 2020 for the disc version, the console has since dropped to $715 in September. This is also 10% less than the price in June.
The digital edition also peaked at $1000 on Cyber Weekend 2020 and is now selling for just under $700, which is 6% cheaper than three months ago. Both remain significantly more expensive than their retail price at $499 (disc) and $399 (digital).
PS5 Resell Prices Drop 30% From Peak, Despite Restock Problems
The PS5 is cheaper, but not cheap.
www.forbes.com