DJ Khaled is known for many things – his love of luxury cars, his chart-topping music, and his larger-than-life personality. Recently, he has added another feather to his cap with the release of his very own signature shoes- the DJ Khaled Air Jordan 5 collection . This capsule screams capitalism, as I don’t see the connection between Khaled and performance sneakers. In a post I wrote, I already mentioned it, see article below
While the shoes have been met with mixed reviews, there’s no denying that they’re a hot commodity. But what does this mean for the sneaker market? Let’s take a closer look. But before we do that, if you’re interested in picking up the collection, refer to the details below
Where To Buy The DJ Khaled Air Jordan 5 We The Best “Sail”
Style Code: DV4982-175
Release Date: November 28, 2022
Buy it now via StockX, CLICK HERE
Where To Buy The DJ Khaled Jordan 5 We The Best “Crimson”
Color: Crimson Bliss/Leche Blue-Sail
Style Code: DV4982-641
Release Date: November 28, 2022
buy it now on eBay, CLICK HERE
DJ Khaled Jordan 5: Resale Value
We’ll start with the Sail colorway, the chart above gives us a breakdown of the average sale price by day since November 26,2022. The current volatility is about 11.4% ( that is below normal). So don’t expect the current prices to drop drastically with this given volatility. Here’s our five number summary.
Quartile Q1: 325.75
Quartile Q3: 373
The lowest the shoe sold for was $290 ( size 8), while the highest sale recorded was $449 ( size 12). 25% of the shoes sold for prices from $290 to $325 while 50% sold for prices between $326 and $373. Another 25% sold for prices from $373 to $449 ( the next chart will show you what sizes fall in each category ). The only outlier is $449, if we remove it, our average sale price is $350, leading to a +$73 profit ( a 32% mark up) above the 15% average, not bad.
Based on the current trend, the shoe will probably reach the average sale price of $366 by Mid January. And from then on, you can use the following equation to see how the price is going to change with time:
Resale Value= $1.43* t + $342 ( t being the time elapsed since January 15)
Now let’s check out the other colorway.
The volatility is about 10% for this colorway ( below normal), that’s also pretty good. The average sale price went up by $4 within a 24 hour period and here is what the five number summary reveals.
Quartile Q1: 289
Quartile Q3: 324.25
The lowest sale recorded was $240 ( size 7.5) while the highest sale was $446 ( size 15). 25% of the shoes sold for values from $240 to $289 while 50% sold for prices between $289 and $324. The remaining 25% sold for prices from $324 to 4446. There were two outliers, $381 and 4446 corresponding to sizes 13 and 15. The overall average sale price is about $310, leading to a profit margin of +$43, with a mark up of 18% ( slightly above average). The chart below will show you the current earnings by size.
As you can see for both colorways, the best sizes to target to maximize your earnings are larger sizes. The Sail colorway leads to better margins overall but the initial investment on both is certainly high. Both shoes will probably plateau at $400 on most sizes within the next 6 months. Overall they are definitely worth reselling ( based on our current evaluation, stay tuned for any further updates).
images courtesy of Sneakerbardetroit
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