The sneaker resale market is projected to grow to $6 billion by 2025, with some sneakers are being sold at prices as high as $50,000 USD. Part of the reason sneakers can be so expensive is their rarity - Kanye West's limited edition Yeezy models, for example, sold out in less than 2 hours. As such, consumers who failed to buy one through the official channels have to resort to resale markets. In turn, this incentivizes sneaker investors to place a premium value for the sneakers on the resale market. Using the popular Yeezy Boost 350 V2 as an index, we analysed the sneaker resale prices to determine other factors that could impact resale prices.

Yeezys, particularly the Yeezy Boost 350 V2 models, make for a good resale commodity because they are released regularly at a limited quantity. Additionally, they are hugely popular, making