Best Economical DVC Resorts to Purchase: Fall 2023
At DVC Resale Market, we like to keep an economic Disney Vacation Club (DVC) Resort ranking maintained for our clients. We started this ranking in the Fall of 2014, and this blog represents our 18th in the series: Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016,Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Spring 2021, Fall 2021, Spring 2022, Fall 2022, and Spring 2023.
Copper Creek Rises To The Top Again
Copper Creek first entered the Best Economical Resort to Own rankings at #9 of 15 in the Spring of 2018, and now has ascended to #1 of 16 for the 2nd time since entering the resale market. Copper Creek’s dominance in the resale market skyrocketed to the #1 position for the first time in Fall 2021, consistently maintaining a strong presence and occasionally securing the #3 or #4 spot since then.
Historical Economic Ranking for Owning Copper Creek
|Spring 2018||# 9|
|Fall 2018||# 8|
|Spring 2019||# 8|
|Fall 2019||# 6|
|Spring 2020||# 5|
|Fall 2020||# 6|
|Spring 2021||# 3|
|Fall 2021||# 1|
|Spring 2022||# 3|
|Fall 2022||# 3|
|Spring 2023||# 4|
|Fall 2023||# 1|
Two strong factors are contributing to Copper Creek’s rise back to the top: 1. Low Increases in Dues 2. Average Sale Price Drop
First, Copper Creek experienced a minor dues increase for 2024 of 2.19% while the average 2024 dues increase across all resorts was 4.59%.
Second, the average sale price of Copper Creek has dropped $25 per point from October 2022 to October 2023 when looking at the last year of average sale prices. Copper Creek Villas made a significant move this year, dropping to an all-time low of $140 per point.
Arguably, one of the main contributing factors to Copper Creek’s lower prices has been the lack of ROFR or Right of First Refusal. So far this year Disney has only bought back 4 Copper Creek contracts which is a vast contrast from the same time last year 2022 when Disney had bought back 114 contracts!
DVC Resort Economical Rankings: Fall 2023
The chart below provides a long-term economic ranking of each Disney Vacation Club resorts. The long-term value takes into consideration the resale price at a point in time (this report uses October 2023), annual dues, and the years remaining on the deed to ultimately get to an estimated price per point per year. This ranking may provide directional information in choosing a resort to own, especially for those members or potential new members who are less concerned about Home Resort priority and more focused on economic savings.
|Resort||Avg. Cost Per Pt.||Years Left||Cost Per Pt. Per Year from Price||2024 Dues||Total Cost Per Pt. Per Year||Rank: Fall 2024||Rank: Spring 2023||Rank Change|
|Bay Lake Tower||$137||36||$3.81||$7.59||$11.40||2||6||+4|
|Old Key West (Extended)||$126||33||$3.82||$9.87||$13.69||9||9||—|
|Old Key West||$88||18||$4.89||$9.87||$14.76||10||10||—|
|* Avg. cost per point based on DVC Resale Average Sales Prices for October 2023|
|*Aulani contracts that originated pre-July 6, 2011 have 2024 annual dues of $7.34/point|
|**Vero contracts that originated pre-January 1, 1996 have 2024 annual dues of $10.89/point|
|*** Points purchased via resale at the Riviera Resort can only be used for stays at the Riviera Resort or within the Interval International network|
Additionally, this yearly cost per point metric from the chart above can be used to help determine what a DVC Member theoretically pays for a Disney Vacation Club Villa. For example, let’s say you purchased a Copper Creek contract and were going to stay at the Copper Creek in a deluxe studio for one night on a weekday during the peak summer season. The number of points needed for that one night would be 17, and the estimated cost per point per year according to the chart above would be $11.29. So multiply the number of points needed by the cost per point and the result is 17 x $11.29 or $191.93/night. The retail price of this room in the summer season is typically in excess of $500/night.