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Xbox 360 Ebay Statistics

By hagrin - Posted on 05 August 2006

Now, this is some scary stuff. Every 13 seconds an Xbox 360 is sold on Ebay. Nice.

Read this article from TeamXbox about some more great stats such as (from the article):

In fact, over 586,035 bids were placed on 39,562 systems. The success rate for Xbox 360 systems listed on was 78.2%. The average selling price for units sold was $718 per unit.

It is interesting to note that the majority of listings took place primarily between 8AM-12PM PST and in the evening between 2PM-7PM PST. 92% of the listings were auctions and approximately 65% of those transactions were 1-day duration listings. Picture Services and Bold features were the most used selling tactics by eBay sellers.

Since the first week demand has dropped to an average of 15 bids per successful listing. The success rate and average price of Xbox 360 auctions have also come down. They are now 75.4% and $702, respectively.

That's awesome. Basically, MSFT is selling the Xbox to retailers, selling it to consumers who then transform into resellers who ship them off to real die hard Xbox 360 cravings. What a wonderful cycle simple supply and demand creates.