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Wii - Still a Sellers Market - December 20, 2007

After I bagged my Wii last weekend, I predicted a softening of the Wii aftermarket. I felt that with the final influx of Wii's being dropped in the market just before Christmas, that the price of Wii's on eBay would drop a bit.

I don't think so. At least not yet. Even though there are LOTs going for sale.

I listed it at the retail price in a 1 day auction, to capture the frenzy of the "I got to have one for Christmas" crowd. I watched a number of auctions and saw some go for $280, some for $350 - all the same basic unit.

With 15 minutes left, I only had bidder, and while I know in my head that bidding really starts with only a few minutes left, I was starting to become concerned that I would get on the lower end of the scale.

With 9 bids and two bidders, it finally sold for $360 to a local guy with cash.

From this side of the transaction, I love bidding wars.