Black Book reported that although the volume of RVs offered at auction expectedly dropped, the values of units sold increased slightly for both towables and motorized units.
“Most dealers will begin to restock their lots for the upcoming spring selling season in the next few months, so we expect prices to begin to rise as the weather gets warmer,” said Black Book’s Eric Lawrence.
Taking a closer look at the markets, the average selling price for motorized units was $43,435, up $303 (0.7%) from the previous month. Towables came in at $12,872, an increase of $279 (2.2%) November. One year ago the average motorhome sold for $46,135 and the average towable unit brought $13,533.
Auction volume was down as motorized dropped 5% from the previous month while towables declined 19%. The average ago of all units was eight years old.