Black Book reported that values of towable units sold at wholesale auctions in August hit the highest level ever while motorhomes equalled their highest total since July 2010.
“This kind of activity is unusual for this time of year,” said Director Eric Lawrence. “This analysis includes very little sales data from after Hurricanes Harvey and Irma made landfall, so we’ll have to wait until next month to see what effects they had on supply, demand, and values.”
Taking a closer look at the markets, the average selling price for motorized units was $48,062, up $339 (0.7%) from the previous month. Towables came in at $14,052, up $1,531 (12.2%) from July. One year ago the average motorhome sold for $42,052 and the average towable unit brought $11,688.
Auction volume was also up as motorized increased 10% and towable rose 18%.