RV Values Mixed as Fall Arrives
Fall has officially arrived, and with it a mixed market for the RV industry. It’s always nice when the motorized and towable units move in the same direction, but this month they diverged. It’s also interesting to note that towables are at an all time high. It’s an unusual time of the year for that to occur, so we’ll be anxiously awaiting the auction results for the coming month see where the market is heading.”
Taking a closer look at the markets, we see that the average selling price for motorized units was $44,219, which is down $4,354 (8.9 percent) from the previous month. Towables came in at $15,935, up $1,588 (11.1 percent) from last month. One year ago the average motor home sold for $44,484 and the average towable unit brought $13,558.
Auction volume was up: motor homes increased 21 percent and towables rose 23 percent.
The average age of motorized units was eight years old (2011), and towables was the same (2011).