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Air Jordan 1 Satin Black Toe Be Worth $500, $700 Or More Current Trend

When Will The Air Jordan 1 Satin Black Toe Be Worth $500, $700 Or More?|Current Trend

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Yesterday I wrote projecting when the Air Jordan 1 Obsidian will hit the $500 in mid sizes in the third party marketplaces, if you’ve missed the post, see link below

When Will The Air Jordan 1 Obsidian UNC 555088-140 Be Worth $500 or More?

A few individuals on youtube asked me to run the numbers on the Women’s Air Jordan 1 Satin black toe and here it is. Collecting the data for this shoe was excruciating and I had to decide what sizes to study; I looked at the overall behavior of the shoe from September to November, and came up the following histograms to sum up my findings

September: Number of pairs sold per size

Air jordan 1 satin black toe red white september number of pairs sold per size

The most sold sizes in the month of September in an ascending order were: 11w,9w,10w,12w,8.5w, and 8w

October: Number of pairs sold per size

Air jordan 1 satin black toe red white october number of pairs sold per size

The most sold sizes in the month of September in an ascending order were: 11w,9w,10w,12w,8.5w, and 8w

November: Number of pairs sold per size

Air jordan 1 satin black toe red white november number of pairs sold per size

The most sold sizes in the month of September in an ascending order were: 9w,8w,8.5w,7.5w,12w

I only added this chart in order to make the selection of the specific sizes to study for this projection. Based on the number of pairs per size sold in the histograms above, I’ll only consider size  8w,8.5w,9w,10w,10.5w,11w and 12w. I’ll also group them in three different categories to diminish the load of work. size 8w-9w will be grouped in one category, size 10w-10.5w will be the second category and the last one will be size 11w-12w.

Now let’s see what the average sale value was for each of these categories in the months of September, October and the early days of November.

September ( average value sizez 8w-9w)

Air jordan 1 satin black toe red white september sz8-9 average

I also included a boxplot to show you some key information as well

Air jordan 1 satin black toe red white september sz8-9 boxplot

The highest sale recorded in September in the 8w-9w range was $1097 and the lowest was $750. The median in this case is about $820 , the average is about $860 and the boxplot is skewed to the right so I’m going to be using $820 as my average sale value for September ( it reflects reality a bit more).

October ( average value sizez 8w-9w)

Air jordan 1 satin black toe red white October sz8-9 boxplot

As you can see from the boxplot above, October recorded more sales but the value went down in this category, we’ll stick with using our median as our average, hence the average sale value within the 8w-9w range is $484

Air jordan 1 satin black toe red white November sz8-9 boxplot

Clearly $580 is an outlier and the average value of the shoe in the 8w-9w category has gone down to $382. Now what i’ll do is create a scatter plot of these three averages.

Air jordan 1 satin black toe red white sep-nov trend

You can clearly what has happened, let us now find a the linear regression equation for this category and draw some quick conclusions

Average value= -219 x (# of months since September 2019) + $781

Here is what I’ll say about this shoe in sizes 8w-9w. As you can see, it is trending down in this specific category and I think it will eventually hit the low $300’s and stay constant at that value. Let’s see when that will take place

$300= -219 x t + $781, we’ll solve for t

t=($300-$781)/ -219= 2.19 let say 2 months and some change, meaning by January of 2020, sizes 8w-9w will be selling for $300 based on the trend and the model above. That may change afterward, so I have to continue to study the shoe as time progresses.

Now let’s study category 10w-10.5w; for the sake of keeping my sanity I won’t go through the detailed steps I showed you above, I’ll just find the averages for each month since September and create the scatter plot.

Averages for category (10w-10.5w)

Air jordan 1 satin black toe red white avg sz10-10.5 september

Air jordan 1 satin black toe red white avg sz10-10.5 october

Air jordan 1 satin black toe red white avg sz10-10.5 november

Now that we have the averages of the past three months, let’s put them in a scatter plot to get a better view of the trend.

Air jordan 1 satin black toe red white avg sz10-10.5 sep-nov trend

The shoe has been gaining value every month , let’s quickly find the regression line equation.

Average sale value ( sz10w-10.5w)= $494.83 + 78.5 x ( # of months   since September 2019)

When will the shoe be worth $700?

let’s find it: $700= $494.83 + 78.5 x t, and t = ($700-$494.83)/ 78.5=2.61 , in 2 and a half month this shoe will be worth $700 based on the model above in category (10w-10.5w).  And let’s test it for $1000

t=( $1000-$494.83)/78.5= 6.43, so basically in 6 months a size 10w to 10.5w will be worth about a $1000

 

Averages for category (11w-12w)

Air jordan 1 satin black toe red white avg sz11-12 september

Air jordan 1 satin black toe red white avg sz11-12 october

Air jordan 1 satin black toe red white avg sz11-12 november

Now that we have the averages of the past three months, let’s create the scatter plot

Air jordan 1 satin black toe red white avg sz11-12 sep-nov trend

The category (sz11w-12w) also has a negative slope, the shoe has been losing its value, let’s once again find our regression line and make some inferences

Average value (sz11w-12w)= $704.5 -106.5x ( # of months elapsed since September 2019)

I’m assuming that the shoe will stay constant at $450, let’s see when that will take place

t= $450-704.5)/ -106.5= 2.38 , so in 2 months and some change ( in mid january) the Air Jordan 1 Black toe will probably be worth about $450 in sizes 11w-12w.

PS: model breakdowns always occur so everything I said in the paragraphs above is subject to change. The model above is supposed to give you a picture of what may happen if the trend stays the same. 

In conclusion the best size to hold on to at this moment is probably anything between 10w and 10.5w

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