I thought it was really strange when Apple kept selling the original $299 HomePod months after it got discontinued. But now, it’s starting to make sense — not only are some people still willing to pay a premium for the somewhat smart speaker, they’re willing to pay more than Apple charged for it.

We took a look at eBay sales numbers after spotting 9to5Mac editor-in-chief Chance Miller’s tweet, and we soon discovered it wasn’t just a joke: on average, an Apple HomePod fetched $375 this past week. That’s 25 percent more than Apple charged.

Of course, some HomePods are worth more than others — a used speaker with no box might only net you $220 before eBay fees, but we’ve seen a few factory sealed non-refurbished HomePods sell for over $500. In fact, some sellers are boasting that they got Apple to replace their old HomePods with brand-new units just so they could flip them.

When I filtered out expensive sealed-box outliers, the average sale price was more like $350 this past week. That’s still $50 more than they cost brand-new!

Note that prices might dip if Verge readers flood the market.
eBay screenshot by Sean Hollister / The Verge

It’s subtle, but you can see in the eBay chart above that the value of a HomePod has been appreciating over the past year since it got discontinued. That’s practically unheard of for gadgets…

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