new title - same thread - updates at the bottom
TLDR in the last week, the average price of a used Digitakt has risen from $600 to $700 in the United States!
Pandemonium, following the release of OS 1.50 used Digitakt prices in the US rapidly on the rise, stock dwindling. Are we in for a long winter? Will spring never come for the budding elektronaut? Is Digitakt to become the next Monomachine, inflating a niche market bubble economy type of artificial rise in value? Will it eventually burst?
After noticing the rapid decline of available used DT stock on all common sale platforms I decided to look at the prediction market standing for this hot item - within the last week or so, I posted a link to a $578 DT at music go round which sold rapidly thereafter - there are now no more DT at the music go round chain - 6 Elektron units have sold on the guitar center website in the last 2 days, all DT. There was a $499.00 DT at guitar center several months ago which I happened to screencap because I had a feeling something like this was going to happen after song mode was released and it just happened sooner than I expected with 1.50:
I have collected a cross sample of numbers for all readily available current Digitakt sales listings across common platforms in the US (meaning: Reverb, my California local CL, Mercari, Guitar center, Music go round, Ebay, Google ads including Alto music, Mission synths and the Canadian Nightlife electronics; I did not search pawn shops, mom and pop music stores which are not aggregated by google, or craigslist outside 200 miles of my own local area) so while this is just a slice of the market, it’s the one most available to us all. As an honorable mention, all DT recently listed on Elektronauts which did not sell fast, the owner has decided to keep the item so currently there are no DT for sale on the elektronauts forum in the US.
Out of the 20 market sample prices, I removed the low and the high number:
- $̶6̶4̶0̶.0̶0̶
- $̶1̶,1̶5̶0̶.0̶0̶
I then averaged the other 18 prices to conclude the current average used price is $699.51 per unit in the US! Using Reverb’s February 2023 actual past sales disclosure as a roadmap, the average sale price on Reverb in Feb of this year alone was $597.42 averaged out of 41 sales with the top and bottom numbers dropped, so the average number is taken from the 39 sale prices inbetween.
That is to say, the average price has risen approximately $100 on used Digitakt units available for sale in the last week.
When will the bubble burst? Is DT a sound financial investment? Will you love yours enough to hold on to it if the DT (God forbid) becomes legacy gear and the price continues to rise? This is like a synth soap opera! What in the actual F is going on?
Your thoughts ladies and gentlemen?
