Well the following generation (7003/H12SSL) was released in early 2021, so it hasn't come out of warranty yet, but it will starting this year. So we should start seeing H12SSL appearing in the used market, and they should normally depress the price of the older generation (H11SSL rev 2/7002), just like the generation before (H11SSL rev1/7001) is depressed vs 7002.
Hot take: most won't decommission their SP3 systems anytime soon, because what will they replace them with? DDR5 prices are through the roof and with most DDR5 platforms being 12 channels, this makes upgrades very expensive at current prices.
Warranty might be running out, but without a replacement in sight, many won't have any other option. Saw something similar during the financial crisis in Portugal when businesses kept running really old servers because they couldn't afford to upgrade. One place I worked at was running 9 year old servers before they upgraded, and it was a large financial installation!!!
So in response to
@iraqigeek I think $300 for those motherboard is cheap now but I expect to find them for $200-250 by the end of the year (unless the AI bubble finally collapse, then it will be springtime for us!).
Used CPU prices tend to collapse more than motherboard or RAM prices for some reason.
I paid 250€ for my H12SSL in late 2024. I have a H11SSL that cost me 80 because the VGA connector is half ripped off the board. I don't care since I use IPMI anyways. Might try to solder another connector to replace it since the board looks undamaged (SM PCBs feel like they're bullet proof).
If it wasn't for the bubble, I'd say an H11SSL should be in the 150 range by now.