Nike's SB Dunk Low Is the New Silhouette to Break Sneaker Resale Records
The Grateful Dead “Orange Bear” pair was resold at an average price of $3,500 USD.
While the Off-White™ x Air Jordan 4 “Sail” marked the most hyped design in the history of women’s sneakers, the latest report from StockX reveals that Nike’s SB Dunk has become the new silhouette to break resale records. Over the past year, the value of an SB Dunk has increased by more than 300 percent.
Nike SB Dunks have seen beyond promising results over the past 12 months, with 99 percent of the sneakers having increased in value and the average resale price reaching more than 300 percent. Earlier this year, the “Paris” iteration of the low-top shoe was sold for a whopping $51,950 USD, surpassing the Nike MAG “Back to the Future” kicks as the highest-selling on the resale platform. Most recently, the monthly average for SB Dunk Lows has reached its peak last month at $800 USD a pair. Collaborations like the fuzzy Grateful Dead partnership contributed to the surge, with the yellow colorway reselling at an average of $1,200 USD, green at $1,400 USD and orange at $3,500 USD.
Overall, SB Dunks have seen an increase in sales by six times year-over-year, becoming the second best-selling Nike shoe on the market just after the Air Force 1.
In related news, check out the nine kicks that recorded the highest resale value last year.