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Don't Buy That Super Bowl Ticket Yet, Say Analysts

Thu, 2013-01-24 23:06 -- cgorski
Jan 24 2013 - 11:00pm
By: Chris Gorski
Credit: AnneCN, via flickr, rights info: http://bit.ly/OYUnA0

If you want to attend the Feb. 3 Super Bowl showdown between the NFL's Baltimore Ravens and San Francisco 49ers, don't buy your ticket today, say analysts from TiqIQ.com. 

The website provides info on the ticket market for all types of events, including sports, concerts and more, gathered from websites that sell tickets -- including Ebay and ticket resale sites. This represents a large effort that has only recently become possible, as computer systems can now be designed to gather data from all over the Internet, and manipulate and analyze that data quickly.
 
As of Thursday morning, TiqIQ reported that the lowest ticket price available for the big game is $1,976, although the average ticket would set you back about $3236. As of today, prices are also nearly 20% less than they were the same number of days before last year's Super Bowl between the New York Giants and New England Patriots. But, in the corresponding time period last year, prices also dropped more than 25 percent from this time until game day.
 
Based on that trend, and other data collected from the last five Super Bowls, TiqIQ expects the price to come down from its current perch.  If the prices remain at current levels, only one game from the last five years would have higher prices -- the 2011 contest featuring the Green Bay Packers and Pittsburgh Steelers. In 2010 and 2009 the average ticket prices were less than $2,500.
 
However -- would-be game attendees might take some caution from the current stats. As of the time of posting this blog, the average price is $3,665.
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