We’re finally about 24 hours away from the release of one of the most anticipated shoes of the month of February: none other than the Air Jordan 4 Bred Reimagined. You can believe that Jordan Brand is certainly going to release a substantial number of units of these.
Dressed in a Black, Fire Red, Cement Grey, and Summit White color scheme, the “Reimagined” Bred 4 will feature a premium leather upper instead of nubuck, as well as the return of “Nike Air” on the heels. The shoe will be available in full family sizing. If you’re interested in grabbing a pair of these classics, refer to the details below
Air Jordan 4 Bred Reimagined Release Information
- Price:$215
- Release Date:Â 2024-02-17
- Style Code:FV5029-006
- Color: Black / Fire Red / Cement Grey / Summit White
Retailer(s)
Nike, Footlocker, DTLR, Finishline , JD Sports
You may also purchase it right away on eBay from our featured sellers via authenticity guaranteed
Now let’s see how the shoe is performing on third party marketplaces
Be sure to also check out my legit check post on this shoe as many fakes have already hit the market,
How To Spot & Identify The Fake Air Jordan 4 Bred Reimagined
Jordan 4 Bred Reimagined: Resale Value
The chart above gives us a summary of the average sale price of the shoe on February 16,2024, which is exactly a day away from the official release of the shoe. As you can see, the current price is about $279, certainly above retail but let’s find our five number summary for further details.
Minimum: 251
Quartile Q1: 266
Median: 275
Quartile Q3: 282.5
Maximum: 425
The lowest sale recorded was $251, size 10.5 while the highest sale was $425, size 11. About 1/4 of the shoes sold between $251 and $266 ( see next chart for sizes) while 50% of them sold between $266 and $282.5. The top 25% sales were from $282.5 to $425 and there were three outliers, $344, $352 and $425 corresponding to sizes 9,11 and 11. The average sale value of $279 included the outliers; without the outliers, the average selling price is $273 with a very low volatility of 4%. You can expect about 95% of the shoes to sell between $253 and $293.
At $273, you’re looking at a +$20 profit margin, a 9% mark up ( below average) but that’s still a decent profit. There are certainly certain sizes that lead to much better margins, see chart below.
Based on the records above, 31% of the sales led to profit margins between $10 and $20, that is sizes 7.5,8,9.5 and 10.5. 62% generated earnings between $20 and 440, that is sizes 9, 10,11.5,12,12.5,13,14, 15. Size 11 led to the most profit with $72 in return, that is a 32% mark up ( 2.1 times above average).
What’s the verdict on this shoe? Any size you acquire will certainly generate a profit but to maximize your earnings aim for sizes 10 and above and for potential homeruns, target size 11. This is also a good long term investment option, I wouldn’t be surprised if within the next 14 months, its average selling price is in high $300’s on most sizes. The shoe will definitely sell out instantly via retail.
