DVC Resale Average Prices for 2018: January – June6 Comments
DVC resale buyers easily have a good idea of listing prices by simply browsing the current listings. However, we are often asked, what are contracts selling for? At DVC Resale Market, for several years we have published details of every contract that gets bought back in right of first refusal (ROFR), but we wanted to provide more data on all DVC contracts sold.
This article features the average sales price of contracts categorized by resort and month sold. Our hope is this should provide great directional information for anyone considering a DVC resale purchase or just wanting to satisfy a general curiosity of prices and trends. Keep in mind that prices of a resort can still easily vary based on the size of the contract in points, the current point availability of the contract (i.e., points current, banked and borrowed) as well as other various factors (i.e., extended Old Key West contract, subsidized dues contracts, etc.). For example, smaller contracts and contracts with high point availability tend to sell for more than the average price per point.
DVC Resale Price Changes for Walt Disney World (WDW) Resorts
Below is a chart and graph detailing the average prices per point for each WDW DVC Resort, January – June of 2018:
Resale selling price consistency is the current theme for WDW DVC Resorts. Even the WDW resort with the most upward movement in resale price this year, Polynesian, appears to be leveling off with an average resale price in the upper 150’s per point. Additionally, last month we saw a slight dip in the resale selling price of Grand Floridian, while the price did not continue to drop in June, it did appear to show the average resale selling price of Grand Floridian leveling off in the 160’s per point.
DVC Resale Price Changes for Non-Resorts
The resale prices for Grand Californian continue to soar at an average resale price of $218/pt. in June. This now represents a $60/pt. increase in average resale price since January, which is $10/pt. higher than the direct price increase of $50/pt. in January. Low inventory continues to help fuel this upward trend in Grand Californian resale prices.
Last month we noticed a sizable drop in Hilton Head resale prices of $14/pt. from April to May. However, the sample size was very low at only 5. In June, we saw another drop, although more modest at $4/pt. This drop had a larger sample size of 16 sales. While it may not be good news for people looking to sell Hilton Head to see this downward trend, the positive news is at these prices Hilton Head is selling at a fast rate. And while there are no guarantees, decreases in inventory numbers typically lead to positive news for sales prices.
Below is a chart and graph detailing the average prices per point for each Non-WDW DVC Resort, January – June of 2018:
DVC Direct Price Changes Compared to DVC Resale Price Changes
Below is a chart comparing the direct price change in January to the resale price changes from January to June.
|Resort||Direct Price Variance Per Point in Jan. ’18||Resale Price Variance from Jan. to June ’18|
|Bay Lake Tower||+6||+9|
|Old Key West||+6||-6|
*Not enough sales data to establish a change in resale price