Why Is The Resale Value Of The Air Jordan 11 Low IE Light Orewood As Low As $140?

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In 1996, Michael Jordan returned to the hardwood after a brief retirement, and he did so wearing the Air Jordan XI. It was a moment that solidified the legacy of both MJ and the sneaker that bears his name. Since then, the Air Jordan XI has been one of the most sought-after sneakers ever, with new colorways releasing every few years to feverish anticipation.

This month, Jordan Brand is set to release a brand new colorway of the Air Jordan 11 Low IE Light Orewood Brown, and it’s one that’s sure to get sneakerheads excited. Dubbed the “Light Orewood Brown,” this colorway takes its cues from traditional hardwood. The shoe features a leather upper done in a light orewood brown hue, with hints of neutral grey and white thrown in for good measure. This palette is reminiscent of many traditional basketball shoes from years gone by, and it helps give the shoe an air of nostalgia. Additionally, it comes with Jordan branding on the tongue and a white midsole and is completed by a translucent outsole. If you’re planning on picking up a pair, see the details below.

Where To Buy The Air Jordan 11 Low IE Light Orewood Brown

Color: Light Orewood Brown/Neutral Grey-White-Cement Grey
Style Code: 919712-102
Release Date: October 6, 2022
Price: $185

Retailer(s)

Finishline, JD Sport, Nike US

Footlocker

Buy it now below retail, CLICK HERE

You may also purchase it on eBay from our featured sellers, CLICK HERE

Stock Numbers

air jordan 11 low ie light orewood brown stock numbers

As you can see from the image above, the shoe is going to be available in sizes 3.5 all the way to sizes 18. And the stock numbers via Nike SNKRS are relatively high on most common sizes. I’ll provide you with more accurate numbers in about 48 hours, say tuned.

As promised, here are the stock numbers by size.

size 3.5 (9), size 4 (42), size 4.5 (42), size 5 (72), size 5.5 (72), size 6 (204), size 6.5 (195),size 7 (513), size 7.5 (627), size 8 (2085), size 8.5 (2418), size 9 (3522), size 9.5 (4053), size 10 (4737), size 10.5 (4926), size 11 (4797), size 11.5 (2778), size 12 (4554), size 12.5 (492), size 13 (3132), size 14 (915), size 15 (282), size 16 (48), size 17 (18), size 18 (12).

Total produced ( Nike SNKRS)=40,545 pairs

If we assume that this number represents about 1/3 of the total inventory produced, then the grand total will be:

Grand Total= 40,545 x 3=121,635 pairs

Jordan 11 Low IE Light Orewood Brown: Resale Value

air jordan 11 low ie light orewood resale value by size

Observations

The chart above gives us a breakdown of the average sale price of the shoe by size, as well as the earnings/losses associated with each. As you can see from the records, 92% of the sales resulted in losses ( size 6-13 and 15). But the most surprising fact about the losses is the size of the amount, as much as $69. And most of the losses like I said are sizeable. Only one pair led to a $15 profit, size 14, and 8% mark up ( almost twice below average), that is still not a good sign. What is to be concluded about the Jordan 11 Low IE?

You already know this is probably one of the worst shoes to resell, if not the worst this month. The only way I can interpret the current low resale value by size is that the shoes are coming out of Nike’s employee store. Which means folks who are buying the shoes are paying about 40% to 50% below retail for the shoe. If that’s the case, anyone that is buying it from Nike Employee store is probably paying not more than $99 or $110 for the shoe. If that’s the case, those sellers are making anywhere from $17 to $76. They are the ones really winning right now.

What does this mean for retailers and other resellers?

The shoe will probably eventually sell out via Retail because there are still folks who swear by brick and mortar, but online shoppers will probably pick up most of their pairs via third party marketplaces like StockX , Goat or ebay where the shoe is about 10% to 15% below retail. For resellers that don’t have access to this shoe via Nike Employee Store, your only chance to make any money on this shoe is to wait about 14 to 16 months, and even then I doubt that it will exceed the $250 mark. In other words, don’t waste your time trying to resell it.

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date
Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

Air Jordan 11 Low IE Light Orewood Brown 919712-102 Release Date

images via Sneakerbardetroit

 

tayib salami
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