1998 ELECTRIC - Gibson Guitars : Pricing & Market Analysis

Market Size & Volume

The data encompasses a market volume of 76 items spanning 2 countries worldwide, with a market price spectrum of $872.92-$6690.00. The mean price stands at $2421.91, while the median is $2264.00.

Sales Metrics

Buyers can choose from 3 items currently on the market. Our data tracks exactly 2 completed transactions, yielding a 3% sell-through rate. The average sold price is $1300.46, which is 44.1% lower than the average asking price for active listings.

Market Composition

The market includes 20 individual sellers with an average of 3.8 listings per seller. By condition, the market consists of 100.00% new items, 0.00% used items, and 0.00% refurbished items.

Geographic Distribution

The market for 1998 electric has a global footprint with listings from 2 countries. The top countries by volume are JP (98.68%) and US (1.32%).

Price Analysis

The price distribution shows a standard deviation of $1044.73, indicating a highly variable market. The coefficient of variation is 43.1%. The median-to-mean ratio of 93.5% suggests the distribution is slightly skewed with some high-priced outliers influencing the average.

Market Value Assessment

The total market value for 1998 electric is estimated at $184,065.00. Successful sales account for $2,600.92 of this value. Based on pricing trends and sell-through rates, this appears to be a competitive market with variable pricing.