The Yeezy Boost 700 returns in a vibrant red new colorway. The sneakers are scheduled to drop on June 17th and will most likely have a set retail price of $300. Keep reading this article to learn about some similar sneakers and our resale estimate for this release!

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Official images of the Yeezy Boost 700 Hi-Res Red. Image via SneakerNews.
Official images of the Yeezy Boost 700 Hi-Res Red. Image via SneakerNews.

As always, we will be taking an in-depth look at this sneaker and how we expect it to perform on the sneaker aftermarket. In order to better predict what the resale price of this Yeezy Boost 700 will be, let’s first take a look at some similar pairs and analyze how they did on the resell market.

Adidas Yeezy Boost 700 Wave Runner ‘Solid Grey’

  • Retail Price: $300
  • Average Resell Price: $408
  • Release Date: Wednesday, November 1st, 2017
  • Colorway: Solid Grey/Chalk White/Core Black
  • Style Code: B75571
Image of Wave Runners. Image via Modern Notoriety.
Image of Wave Runners. Image via Modern Notoriety.

The Yeezy Boost 700 Wave Runner is one of the most famous Yeezy’s to have ever been released.

We don’t expect the Hi-Res Red 700 to do aftermarket numbers like the Wave Runner, but it is important to showcase the most popular version of this sneaker.

The Wave Runner changed the dynamic of the entire brand and shifted the perspective of what we all thought Yeezy’s were. The brand went from futuristic sneakers and being at the forefront of technology, to throwing it back to the 90s with the Wave Runners.

It showed how versatile the brand can be, and made people fall in love with a retro aesthetic that is still very much alive today and seen prominently in fashion.

This sneaker averages $408 on the resell market with tens of thousands of sales. It is also important to note that the retail value was $300 on these, which is the same as $300 now.

Adidas Yeezy Boost 700 ‘Bright Blue’

  • Retail Price: $240
  • Average Resell Price: $325
  • Release Date: Saturday, April 24th, 2021
  • Colorway: Bright Blue/Orange
  • Style Code: GZ0541
Image of the 700 Bright Blue. Image via Hypebeast.
Image of the 700 Bright Blue. Image via Hypebeast.

Here we take a look at another 700, but this time in a much less famous colorway.

The Bright Blue has been a continuation of the vibrant colorways that Yeezy came out with over the course of 2021.

With the lower retail price on this pair, you are still able to make some decent profit. The Hi-Res Red will have a higher $300 price tag, and this sneaker’s resale will help us give an estimation since it’s a more recent release.

Yeezy Boost 700 Hi-Res Red

  • Retail Price: $300
  • Estimated Resell: $380
  • Release Date: Friday, June 17th, 2022
  • Colorway: Hi-Res Red
  • Style Code: HQ6979
Official image of the 700 Hi-Res Red. Image via The Sole Supplier.
Official image of the 700 Hi-Res Red. Image via The Sole Supplier.

We’ve checked out two similar pairs, now it’s time to learn more about the main sneaker.

This sneaker holds true to the two other 700s we’ve seen, with the materials and build of the overall sneaker being comparable.

The factor that we believe will most come into play with this sneaker is: are people still interested?

The hype that sneaker brings is the sole reason for the outrageous prices that some of them can go for.

With that being said, here is our final prediction/estimation for the Yeezy Boost 700 Hi-Res Red:

Conclusion

hypemeter profit 1 Yeezy
  • Retail Price: $300
  • Estimated Resell: $380
  • Release Date: Friday, June 17th, 2022
  • Colorway: Hi-Res Red
  • Style Code: HQ6979

Where to Buy (Retail)

Where to Buy (Resale)


FAQ On Yeezy’s

Why are Yeezy 700’s so expensive?

Low numbers of limited editions have kept the demand high and when the supplies ran out, you could find pairs offered for sale by those who had the insight to stockpile new pairs for later sale at a much higher price. This caused the price to soar even higher when they were hard to acquire.

Are the Yeezy slides comfortable?

Not only are they incredibly comfortable, thanks to their EVA foam construction that makes it feel as if you’re stepping on a pillow, but the Yeezy Slides also look awesome on the feet. 

What’s the most expensive Yeezy?

The Air Yeezy 2 SP ‘Red October’ claims the title for the most expensive Yeezy shoes ever sold. Showing off a striking pink and red design, these shoes were part of a very limited edition series, that’s why they were sold at up to $11,400.

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Author

Jimmy McPherson

Jimmy McPherson

Jimmy is the former founder of Midwest Soles, a sneaker and streetwear reselling company. He's a current business student with a continued passion for sneakers and sneaker reselling.

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