RED 1997 - Gibson Guitars : Pricing & Market Analysis

Market Size & Volume

Our analysis covers a market size of 25 listings representing 1 national markets, with asking prices between $913.49 and $6519.24. Typically, these items sell for around $3280.85 (average) or $3765.00 (median).

Sales Metrics

Currently, there are 2 active sales opportunities. Sales data includes 1 successfully sold listings, yielding a 4% sell-through rate. The average sold price is $3879.99, which is 7.4% lower than the average asking price for active listings.

Market Composition

The market includes 18 individual sellers with an average of 1.4 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 red 1997 has a global footprint with listings from 1 countries. The top country by volume is JP (100.00%).

Price Analysis

The price distribution shows a standard deviation of $1477.28, indicating a highly variable market. The coefficient of variation is 45.0%. The median-to-mean ratio of 114.8% suggests the distribution is fairly symmetric with some low-priced outliers affecting the average.

Market Value Assessment

The total market value for red 1997 is estimated at $82,021.26. Successful sales account for $3,879.99 of this value. Based on pricing trends and sell-through rates, this appears to be a competitive market with variable pricing.