DVC Resale Average Sales Prices for 2018: January – May

Filed in Beach Club, Buying DVC, Disney Vacation Club, DVC Resale, Grand Californian, Grand Floridian, Polynesian

8 Comments
Lobby at Disney's Polynesian Resort

This article represents our 2nd installment of providing average Disney Vacation Club (DVC) resale selling prices for 2018. The first was published in May showing January through April sales price numbers.  This article includes that data, plus data collected from May.

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 – May of 2018:

Table for January - May WDW

Average WDW DVC Resale Price 2018: January - May

 

Outside of Polynesian and Grand Floridian, many of the WDW DVC Resorts have experienced limited fluctuations in selling prices in 2018. January – April saw a clear rising trend in the resale prices of Polynesian and Grand Floridian, in large part probably due to the hefty direct price increases in January. However, in May, those rising prices for those 2 resorts stalled. In fact, the average resale price of Grand Floridian even went slightly down. Based on May data, it appears the boost from the direct price increase of January is wearing thin. June will provide another data point to see if the rising prices of those 2 resorts is clearly stopping or if May was just a fluke.

 

DVC Resale Price Changes for Non-Resorts

One thing is clear, the resale prices of Grand Californian have continued to rise in 2018. The only Disney timeshare at Disneyland is proving that Members and Prospects will pay a premium for Home Resort Priority for Disneyland vacations. Despite the rising resale prices of Grand Californian, inventory stays in short supply with listings typically not lasting more than a day on the market.

The average resale price of Hilton Head saw a $14/pt. drop in May, but this may be attributed to a very low sample size (only 5 sold in May). To really know if there is a trend, especially with a small resort like Hilton Head, additional data points over the next couple of months will be needed. It is noteworthy that many Hilton Head listings are sold over the upcoming Summer months as Hilton Head is arguably the most seasonal resort in the DVC collection.

Below is a chart and graph detailing the average prices per point for each Non-WDW DVC Resort, January – May of 2018:

Average Non-WDW DVC Resale Prices January - May 2018

Average Non-WDW DVC Resale Prices January - May 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 May.

Of the 4 DVC resorts that experienced direct price increases of $20/pt. or more (Beach Club, Polynesian, Grand Californian and Grand Floridian), only the Grand Californian has seen its resale prices match or eclipse the same volume of the direct increase. In fact, Grand Californian had the largest direct price increase at $50/pt. and now the average resale selling price variance from January to May 2018 is $51/pt. The Polynesian has experienced a bump with a $17/pt. increase in resale selling price and the other 2 (Beach Club and Grand Floridian) appear to be nearly flat in comparison.

Resort Direct Price Variance Per Point in Jan. ’18 Resale Price Variance from Jan. to May ’18
Animal Kingdom +6 +3
Aulani +6 -4
Bay Lake Tower +6 +6
Beach Club +20 -1
Boardwalk +6 -8
Boulder Ridge +6 +5
Copper Creek* +6 n/a 
Grand Californian +50 +51
Grand Floridian +35 +5
Hilton Head +6 -12
Old Key West +6
Polynesian +44 +17
Saratoga Springs +6 -1
Vero Beach -15 -2

*Not enough sales data to establish a change in resale price

Access all DVC resale listings and learn more about buying and selling with DVC Resale Market.

Comments

  • John
    August 9, 2018

    are these based on the listing price or the contracted sale price?

    • Nick Cotton
      August 9, 2018

      John, these are sales prices, not listed prices.

  • Mike Wadzinski
    July 11, 2018

    How are average cost per point calculated? For example, since some properties come with additional points how are they considered in the average?

    • Nick Cotton
      July 11, 2018

      Mike, these numbers are resort averages so regardless if a contract has high current point availability or low current point availability, its sales price is used in this calculation.

  • Jim
    June 29, 2018

    Hi Nick, curious, in your opinion which is the best value right now and this year so far. I understand this doesn’t always mean lowest price per point.

    Thanks

    • Nick Cotton
      June 29, 2018

      Jim, the best long term value for just dollars and cents when considering years left, dues and price is typically Saratoga Springs. In fact, we have a recent blog ranking the resorts on long term value, please see: https://www.dvcresalemarket.com/blog/best-economical-dvc-resort-to-purchase-spring-2018/

      Now, if you know you would not hold the Membership longer than 10 years, it is hard to argue against Vero Beach as it would take longer than 10 years for the dues to overcome the price when compared against other resorts.

      Keep in mind these are just my thoughts excluding putting any value on home resort priority. If there is a resort that you want to have home resort priority at and if it is hard to get into otherwise, that may trump everything.

  • Darrell
    June 17, 2018

    Thanks for this Nick. Please keep us up to date on these trends throughout 2018. I have a feeling the blip for the grand floridian in may was just that. A blip. I see one contract kisted for the GF now over 200 dollars a point!

    • Nick Cotton
      June 17, 2018

      Darrell, certainly we plan on keeping this updated throughout the year. I agree with Grand Floridian this month, I would be surprised to see a downward trend.

Post a Reply