I thought it was really weird when Apple kept selling the original $299 HomePod months later was discontinued. But now, it’s starting to make sense: Some people are not only willing to pay a premium for the somewhat smart speaker, they’re willing to pay more than Apple charged for it.
We take a look at eBay’s sales figures after spotting 9to5Mac editor-in-chief Chance Miller’s tweetAnd we soon found out that it wasn’t just a joke: On average, an Apple HomePod was selling for $375 last week. That’s 25 percent more than Apple charged.
Of course, some HomePods are worth more than others — a used speaker without a box might net you just $220 before eBay fees — but we’ve seen some factory-sealed, unrefurbished HomePods sell for upwards of $500. In fact, some Sellers boast that they managed to get Apple to replace their old HomePods with new units just so they could flip them.
When I filtered out expensive sealed box outliers, the average sale price was more like $350 last week. That’s still $50 more than new!
It’s subtle, but you can see from the eBay chart above that the value of a HomePod has has been appreciating for the past year since it was discontinued. That’s pretty much unheard of for devices like these, except in speculative situations. as we have seen recently with consoles and GPUs.
Why the HomePod? Good question. It’s a piece of Apple history, perhaps; you need two of them for stereo or more for whole house audio; and unlike its more affordable successor the homepod mini, acoustically it is quite good. My colleague Jen Tuohy has also explained that the smart home is one of the few places where Siri really excels. She thinks people are realizing it’s the only other option besides the worse-sounding HomePod Mini.
So that’s a working theory for now.