March Madness: St. John's-Duke Sweet 16 average ticket price a record $601
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March Madness: St. John's-Duke Sweet 16 average ticket price a record $601
""I think the teams made it a perfect storm. This is, for the East Regional, a perfect situation as far as Duke and UConn and St. John's. There's storylines that are attached to a lot of these teams.""
""Prices are at their peak when the excitement is at an all-time high. The way that St. John's advanced to the Sweet 16 plays a little bit of a role as far as the excitement and the buzz.""
""There's just not a ton of supply. The volume and the velocity of transactions that are taking place over the last 48 hours, I wouldn't expect it to drop too significantly.""
The average ticket price for the East Regional session, including St. John's-Duke and UConn-Michigan State, reached $601, surpassing last year's record of $548. The lowest resale ticket was $472. Kyle Zorn from TickPick anticipates that the record price will hold until the game. The excitement surrounding the teams, particularly Duke and St. John's, contributes to high demand. With only 1,500 tickets available for resale, the limited supply is expected to maintain prices.
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