Tuesday, January 22, 2008

2008 Video Game Prices Predictions

As we have shown in previous posts, video game prices can be very volatile with some games increase by great amounts in one year and others plummet in value. There are still some patterns though to the prices and I'm going to try to make some predictions for the coming year and which video games will increase in price and which will decrease.

These are only predictions so don't get upset at me if you sell your copy of Madden 08 tomorrow and it increases in price this year. (That being said, Madden dropping in value is my "lock of the year". Its going to happen).

Predictions for 2008 Video Game Prices
Devil May Cry games for Playstation 2 will increase in value right around the start of February. Devil May Cry 4 is being released Feb. 4th for Playstation 3 and Xbox 360 so a bunch of people will want to play the originals. Devil May Cry 3 will increase the most because it sold the least in the series and is closest in time-line to the 4th.

Super Smash Bros for Nintendo 64 will drop in price in March or soon after. The price of Smash Bros has already increased quite a bit in the last few months to around $30 in January. Everyone is wanting to play Smash Bros before Brawl comes out on Wii. But after it does the price will come back down. There are also rumors Smash Bros will be released on virtual console right when Brawl comes out. Both of these will drop Smash Bros prices.

Grand Theft Auto games will increase in price. This one might be off by a bit because GTA IV doesn't have a confirmed release date. But when it does I expect some people to start buying the old GTA games so they can have some Grand Theft Auto fun before IV's release and after they have beaten it. I also think Xbox GTA games will increase the most.

Chronicles of Narnia goes up in price. This prediction isn't so much because of a sequel game coming out, but because The Chronicles of Narnia movie comes out in May. If it is popular like the first one, or more so, The Chronicles of Narnia Lion Witch and the Wardrobe games for all consoles will be in demand.

Metal Gear Solid games will increase in price. I think all Metal Gear games will increase in price when Metal Gear Solid 4 is released this summer. People will want to complete the whole story. The only exception is Metal Gear Solid the original for Playstation 1. It has already increased in price quite a lot in the past 4-5 months and I think it has room to go back down. Metal Gear Solid 2 Substance will be the most valuable because it is the hardest to find already.

Mario Kart Double Dash will become more expensive, but not Mario Kart 64. Like Metal Gear, MK 64 has already increased in price a lot in the past 3-5 months so does not have much upside. Mario Kart Double Dash on the other hand has not gone up at all in almost ten months. Wii owners will be able to play this game on their system and many stores are not carrying Gamecube games anymore. Of course Mario Kart Wii might not come out this summer which would be like throwing a red shell at this prediction.

August - Lock of the Year
Madden 2008 will drop in value a ton. We have already shown that Madden prices drop very consistantly. And I think 2008 will be no exception.

September - Random Prediction of the Year
YourSelf Fitness will increase in price. Your thinking to yourself (haha) "what game is that?". Its a work out game for Playstation 2 and Xbox. I think WiiFit will become very popular and show people that they can use some video games to get a work out. Yourself Fitness will get the benefits of this. Plus it has not sold well so far so the price could increase a lot without much increase in demand.

Soul Calibur II for Xbox goes up in value. Soul Calibur IV is supposed to come out for 360 and PS3 around this time in 2008 (I don't think it has a solid release date yet). The Xbox Soul Calibur sold the least between the Cube, PS2, and Xbox but I think IV will sell the best on 360 and people will want to play the older version too.

Animal Crossing on Gamecube will go up in price. Predicting that Animal Crossing Wii will come out in Nov. 2008 is quite a shot in the dark all by itself, but I think people will buy the Gamecube game when it does. Especially when they realize many of those Virtual Console NES games they can pay $5 for are free when they play Animal Crossing.

Wii Console prices will be sky high next Christmas too. I don't think they will be as high as Christmas 2007, but I don't think Nintendo will make enough consoles for next Christmas and it will be a popular present for casuals because of WiiFit.

I'm going to try to check back every now and then to see how my predictions turned out. And in early 2009 will have a complete review. I will be using our official video game pricing charts to check my accuracy. We will soon know if I am the Punxsutawney Phil of the video game pricing world.

This is the last post in our 2007 Video Game Prices in Review series.

Wii Game Prices | Xbox 360 Game Prices | PS3 Game Prices


Travis Hendricks said...

For the most part I think these are some pretty good predictions. If you are a short little hairy guy and these predictions turn out true, maybe you are THE Punxsutawney Phil.

I think if WiiFit becomes successful here then I wonder if DDR sales will increase too. Maybe not since there are about 20 different versions of that game.

JJ Hendricks said...

That is a good point about WiiFit sales boosting DDR sales. I could see Dance Dance Mario Mix getting a boost in price because it can be played on the Wii and is hard to find.

The other DDR's might get some boost but I don't know how much. If DDR for Wii is no longer being produced I could see its price spiking after WiiFit comes out too.

Anonymous said...

well I must say, that prediction about Devil May Cry is bull. DMC 3 didnt sell, the worst, 2 did. And 3 is the farthest in the storyline from 4, because 4 takes place between 1 and 2. Jesus.

Anonymous said...

Sorry JJ, but I think Konami has already thrown a wrench in your MGS predictions by announcing the Metal Gear Solid Essentials collection. A great collection at $30 by any measure, but unfortunately for my collection, I think MGS2 Substance and MGS3 Subsistence are going to tank in price because of it.

JJ Hendricks said...

gamehoaders, Thanks for pointing that out. I hadn't heard about the MGS Essentials game until I had written this. I think that might hurt my prediction.

I also wanted to update. It looks like my Smash Bros. prediction was a bit off timing wise. The game has already dropped in price a lot and it is February. I still think that is a pretty good prediction though, just a bit off on the timing.

Anonymous said...

i dont think MGS Substance & Subsistence will go up in price. while substance sold for much less than other ps2 games, it might hold its price the same as it is now. i would have to agree with GH that the collection will come out and for those who did not get to play it, will now have a chance and for $30 thats a steal.

MGS1 might not go up in price. the game sold so many copies back in the Ps1 days, theres way too many copies of it on ebay. a sealed copy might fetch very high after the collection is released though.

yourself fitness might not go up as well. even if its compatible with the 360, i dont think anyone really took that title seriously. i did play it on the xbox and it was pretty fun.

i think smash bros. 64 dropped because people are just angry that the game got pushed for another month. i had a sealed copy up on ebay before the Feb 10th release date with alot of watchers but after the announcement i think the interest for it died.

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