It is estimated that 10-15% of all US PS5s are resold

It is estimated that 10-15% of all US PS5s are resold

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It is estimated that 10-15% of all PS5s sold in the US are resold and, according to the new report, have earned a huge profit for scalpers. Data engineer Michael Driscoll has posted the latest in a series of reports on the scalping market, this time focusing on PS5. The report scrapped data for thousands of listings on eBay and StockX, through January 16th. Among other things, Driscoll included only offers that were actually sold, listing was excluded using terms typically included in scam polls, ads were excluded from low feedback accounts, and removed all results sold for less than the recommended selling price .

Driscoll sold a figure of 157,000 PS5s sold at eBay and StockX at a retail price or higher – 7.06% of the 2.067 million PS5s VGChartz estimates were sold in the US through January 16th. Driscoll then looked at active listings on services like OfferUp, Facebook Marketplace and Craigslist concluding that probably 10-15% of PS5s in the US were resold.

Driscoll’s report provides a lot of interesting reading outside the main figures. On eBay and StockX, the average price for a PS5 digital edition is $ 799 (twice the recommended price), while a disc edition is $ 849 (1.7 times the recommended price). Driscoll estimates that scalpers made $ 43.2 million in profits during that time, with eBay, PayPal and StockX jointly earning $ 15.9 million as a result of the resale.

While we can not be entirely sure of the figures involved (Sony has not yet released its own official data for launch), the report puts the scale of PS5 resale into perspective, especially with scalping an important point of discussion in the start window of PS5, Xbox Series X / S, and new Nvidia and AMD graphics cards. Supply shortages and widespread use of automated bots have led to price inflation and repeated disappointment for normal customers. Some British politicians even call for the practice to become illegal as a result.

Joe Skrebels is IGN’s editor – in – chief of News. Follow him further Twitter. Do you have a tip for us? Want to discuss a possible story? Send an email to [email protected].

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