Tuesday, January 15, 2008

2006 Video Game Releases - 2007 Price Chart

This post is part of our 2007 Video Game Prices in Review feature.

In general video game prices drop over time just like CD's, DVD's, Books, and other media. The biggest portion of this price depreciation occurs in the first year after release. The chart below shows the average price of all video games released during 2006 compared to the average price of all video games during 2007.
Click the chart for a bigger version

Chart of 2006 Released Video Game Prices during 2007

The two lines are very similar in shape so the prices for newer games rise and fall at the same times as older video games, but the severity of the fall in prices is much greater. 2006 prices and the "All Games" comparison line started at the same price on January 1st 2007, $20.69. So the average video game released in 2006 was worth $20.69 at the start of 2007. (This is a good time to mention that the "All Games" average price is not $20.69 too, it is actually $13.59 but for the sake of comparison and seeing relative movements in prices it has been adjusted so both lines start at the same point).

By the end of the year, 2006 releases had dropped to an average of $13.58 or a 34.4% decrease during 2007. The average of all games had dropped 11.8% by comparison.

The price decrease for 2006 video games is even more pronounced when you look at the low point for the year, prior to the price spike before the holidays. 2006 released video games reached a low of $9.83 on October 29th or a whopping 52.5% drop.

Video game prices provided by VideoGamePriceCharts.com


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