NEW YORK - Online resale prices for Super Bowl tickets are in a tailspin, a New York-based ticket reseller says.
Connor Gregoire with Seat Geek tells KOMO News ticket sale prices are down 40 percent from where they were the day after the NFC championship game.
"We do normally see about a 40 percent dip over the two weeks leading up to the game," Gregoire says. "But to see all that happen over the span of six or seven days is pretty surprising."
Gregoire says Super Bowl tickets purchased over the past weekend went for an average of $2,056. Upper deck seats, $2,100 a week ago, are selling for $1,150 today.
Seat Geek says those numbers reflect the prices at which tickets actually sell, rather than their listed prices prior to sale.
Uncertainty over the weather is boosting ticket supply and driving prices down, Gregoire says.
"There's less demand this year because of the cold weather nature of the game," he says.
It doesn't help that the teams' home cities, Seattle and Denver, are thousands of miles away from Super Bowl host city East Rutherford, N.J.
"If the cities were a bit closer to where the game is being played, more season ticket holders who won their lotteries would be interested in using the tickets themselves," Gregoire says. "Instead, they're ending up on the secondary market."
Gregoire says 18,000 tickets are currently available for resale online.
Resellers typically charge above face value for event tickets. The lowest face value for a Super Bowl XLVIII ticket is $800.
"It's possible we could reach $800 per ticket, depending on what happens with the weather," Gregoire says.
If so, he says Super Bowl XLVIII would become the cheapest Super Bowl since 2002. The game was played in New Orleans that year, just a few months after the September 11, 2001 terrorist attacks.