PlayStation VR2 launched at $550 two years ago this month. It was a great virtual reality headset but an intimidating price. Now Sony is dropping it to $400 starting in March amid reports that sales have completely stalled.

Sony is cutting the price of its PlayStation VR 2 headset in March. The VR 2 will be discounted to just $399.99, down from the original $549 pricing when it launched in February 2023. The headset will also see a price cut in Europe (€449.99), the UK (£399.99), Japan (¥66,980), and other regions.

Sony is facing another suit about their digital pricing practices for the PS Store, alleging they're raising prices without a basis in costs.

The VR2 improved on the original in almost every way, but Sony and its studios have rarely taken advantage of the hardware.

A new price to make a virtual reality-friendly unit shifter? The deep discounts for the PS VR2 seen last Black Friday are now the official asking price.

The PlayStation VR2 is about to get significant cheaper with an official price cut by Sony, and it applies to the Horizon Call of the Mountain bundle too.

An overdue price drop just hit, but it's still a big investment for a novelty that Sony hasn't invested enough game development into.

Over on the PlayStation blog, Sony announced that the PlayStation VR2 virtual reality headset will receive a permanent price decrease starting in March. The headset launched in 2023 at a steep $550, but the new cut drops it to a more manageable $400.

When looking at VR headsets, many people look first at headsets such as the Meta Quest 3, but there are definitely other good options. The PlayStation VR2 is one alternative that works on both PCs and PlayStation consoles,

The VR gaming market has some news to share, PlayStation has announced a price reduction for the PlayStation VR2, which will take effect in March.