Black Book released its monthly market commentary for December.
“The average values for motorhomes and towables sold at auction were mixed last month once again, but in the opposite direction of the prior month, with towables dropping and motorhomes increasing in value, although they were still below their level from two months ago. We expect RV values to conform to their usual winter patterns before beginning to rise when Spring gets closer,” said Eric Lawrence, principal analyst – specialty markets, Black Book.
The average selling price for motorhomes was $62,412, which is up $8,169 (15.1%) from the previous month. Towables came in at $18,286, down $776 (4.1%) from last month. One year ago, the average motorhome sold for $53,896, and the average towable brought $18,294.
Auction volume was up: Motorhomes increased 4.6% while towables rose 8.4%.
The average age of motorhomes was nine years old (2016) and towables was five (2020).
