Valve launched the new Steam Controller on May 6, 2024, and the device sold out globally within minutes of its release. The immediate scarcity has turned the controller into a favorite for scalpers on the secondary market. Initial stock limitations drove up resale prices significantly above the official retail cost in multiple regions.
Device features TMR magnetic induction joysticks
The controller features TMR magnetic induction joysticks for precise input. It includes four haptic feedback motors that support high-definition vibration. The device connects via low-latency wireless technology and uses magnetic charging for power replenishment. An 8.39Wh battery provides more than 35 hours of gameplay on a single charge.
Valve priced the controller at 85 GBP (about $116) in the UK and 99 USD (about $99.00) in the US. Secondary market listings in the UK reached between 140 and 200 GBP. Prices in the United States climbed as high as 300 USD, which is more than triple the official price.
Valve is currently working on restocking the device to meet the high demand. The company has not provided a specific timeline for when additional inventory will arrive. The official website has not announced a date for the next batch of units.
Valve has not confirmed the exact launch window for the restock. The lack of a clear timeline has left many customers waiting for availability updates.
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