Black Book reported that following a few atypical months where auction prices for motorized and towable units hit all-time highs, both segments have returned to what most would consider to be seasonal norms.
“The fact that auction volume is still so high tells us that consigners were probably doing what they could to “clear the books” before the end of the year,” said Eric Lawrence, director of specialty products. “One factor driving the lower values may have been the poor condition of many of the units, especially on the towable side.”
Taking a closer look at the markets, the average selling price for motorized units was $35,015, down $3,191 (8.3%) from the previous month. Towables came in at $11,181, a decline of $1,948 (14.8%) from last month. One year ago the average motorhome sold for $39,070 and the average towable unit brought $11,189.
Auction volume was mixed as motorized units were essentially unchanged from the previous month, while towables decreased by 8%. “Auction volume is considerably higher than it was one year ago,” Lawrence noted.