PS4 selling above RRP on eBay, Xbox One prices lower through auction site

Although it's early days yet, the grey market for the PlayStation 4 and Xbox One currently paints a picture of higher demand for Sony's cheaper console.

According to tracking service Terapeak, as reported by Kotaku, 21,000 PS4 units were sold through eBay between November 15 and November 22, at an average price of $425.50 - not that much higher than its retail price of $399, especially given the high prices commanded by certain special charity auctions.

The higher-than-retail price suggests there's greater demand for the console than traditional retailers have been able to supply, but the relatively modest jump also implies there's a reasonable amount out there.

By the same reasoning, it looks like there's plenty of Xbox One stock, or perhaps less demand, as the average price of Xbox One consoles is $481.18, lower than its retail price of $499, and only 4,467 have been sold. That said, the console has been on sale for a week less than its rival - and it still adds up to $2.7 million worth of Xbox One shifted through eBay.

As you may remember, the PS3 launched with such limited stock that auctioneers commanded prices in the thousands on release day, with the Wii experiencing a similar but less dramatic spike.

The Xbox One launched in North America and Western Europe last Friday, while the PS4 hit North America on November 15. It arrives in Europe and selected further territories on November 29.