For the first time since early 2021, Black Book reported wholesale RV prices fell from the previous month in a segment.
August towable wholesale prices reached record levels for the eighth consecutive month, Black Book reported, but motorhome wholesale prices fell 7% from July. The dip was motorhomes’ first since February.
“For the first time in several months, one of the major RV market segments has declined in value,” Black Book Principal Analyst – Specialty Markets Eric Lawrence said. “While towables once again increased, it was by under 1%, their smallest gain since last November. Is continued increased new production helping supply finally catch up with demand, or is this just a normal market fluctuation?”
Towables’ average selling price in August was $24,280, up $140 from July and up 32.8% from August 2020. Auction volume rose 5.3% from July. The average model year bought was 2016.
The average motorhomes’ selling price was $69,953 in August, down $5,536 from July but still up 24.3% from August 2020. Auction volume fell 19.1% from July. The average model year bought was 2009.