Friday, January 4, 2008

Average Video Game Prices in 2007

This post is part of our 2007 Video Game Prices in Review feature.

Below is the chart of the average used video game price during 2007.
Chart of Average Video Game Price During 2007
Click image for bigger version

The average consists of roughly 3,500 video games that were released prior to December, 31st 2006 from Nintendo 64, Gamecube, Super Nintendo, Gameboy Advance, Gameboy Color, Playstation 2, Playstation 1, and Xbox. The data shown is an average of all 3,500 games and their daily updated prices tracked over the course of 2007.

The high price for the year was $13.59 on January 1st and the low was on November 5th with a price of $9.49. The average video game dropped in price 30.2% from the high to the low.

As we have shown before video game prices rise during November and December due to the holiday shopping. 2007 was no exception. From the low on November 5th, the average price increased to $12.01 on Dec. 31st. A 26.6% increase in less than two months.

The average video game dropped in price 11.6% during 2007.

Two things to learn from this chart.
1. Video game collecting as a money making hobby is an uphill battle. Though there are definitely some games that increase in price so you just have to pick your games wisely.

2. If you are going to shop for video games for Christmas presents, shop early. Every day you delay adds about 0.5% to what you are going to pay.

Wednesday, January 2, 2008

Video Games With Biggest Price Decreases in 2007

This post is part of our 2007 Video Game Prices in Review feature.

Top 10 video game price decreases during 2007:

Video GameConsolePrice Jan 1stPrice Dec 31st% Decrease
NBA Live 2006Xbox$8.40$0.50-94%
ESPN Hockey 2005PS2$19.85$1.36-93%
NHL 2005PS2$20.50$1.60-92%
Dragon's Lair 2 Time WarpXbox$26.35$2.49-91%
NBA 2K6PS2$9.61$0.99-90%
NCAA March Madness 2006PS2$11.84$1.34-89%
NCAA Football 2006PS2$10.44$1.24-88%
Michael Andretti Indy Car ChallengeSNES$6.31$0.88-86%
Mary Kate and Ashely Mystery MallPS1$7.99$1.13-86%
High Rollers CasinoXbox$3.47$0.55-84%


(List only includes video games with at least two price sources to make sure the data is as accurate as possible).

See the games with the biggest price increases.

Video Games With Biggest Price Increases in 2007

This post is part of our 2007 Video Game Prices in Review feature.

Top 10 video game price increases during 2007:

Video GameConsolePrice Jan 1stPrice Dec 31st% Increase
Extreme G3PS2$0.49$4.93907%
Rampage Through TimePS1$2.39$16.99611%
MisAdventures of Tron BoonePS1$13.95$86.10517%
Max PayneXbox$0.38$2.22484%
Crash BandicootPS1$6.46$35.81453%
Descent MaximumPS1$2.44$13.47452%
Micro Maniacs RacingPS1$0.75$3.96428%
Spyro Collector's EditionPS1$21.84$114.99427%
Azure DreamsGameboy Color$7.18$33.35364%
Street Fighter AnniversaryXbox$10.00$44.27343%


(List only includes video games with at least two price sources to make sure the data is as accurate as possible).

See games with biggest price decreases.

2007 Video Game Prices in Review

This is a feature with a review of video game prices in 2007. We will be looking at what the big winners and losers were price wise during the past year. How the average video game price fared during 2007 with charts of daily prices. And what our predictions for 2008 prices are and which games we think are poised to increase. This feature will be updated regularly until almost the middle of January so check back regularly for the latest analysis.

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