SJ-Chris wrote:
Just one data point....
Using Cruise America rental fleet sales as a data point, RV prices are still up 60-70% from 2019. I bought a couple then, and I know what they are selling for now.
On a slightly related note...Home prices shot up incredible amounts over the last 3 years, and now they are taking large steps down in price.
I expect RV prices will reduce over the coming year or two. Not to the same levels they were, but lower than they are now.
-Chris
Large steps down? Not in San Jose (from your sig) where Redfin reports sales prices .8% UP over last year. What's been slowing is the pace of sales (number of units sold) and the rate of price increases.
I've seen a settling of the market, but nothing approaching "large steps down."