Audio Research Reference Phono 3

Price trend

Sold or Listed Prices

24 market transactions via web search — not HiFi Registry sales.

Understanding the market

Half of recorded transactions fall between $6,510 and $11,500. The full observed range is unusually wide — the highest recorded price is 10.9× the lowest. A spread that wide usually means the recorded sales are not strictly comparable: different configurations or finishes, units sold for parts or with cosmetic damage, or listings where the model name is shared across more than one variant. Treat the middle range as the useful signal and the extremes as outliers worth investigating before you price against them.

Over the last twelve months this model averaged $10,928 across 7 recorded sales, 51% higher than the preceding twelve months.

What buyers should know

This range reflects 24 recorded sales, compiled from publicly listed and completed sales elsewhere on the used market, not from HiFi Registry transactions. That is a large enough sample to price against with reasonable confidence, though condition and provenance still move individual units.