DVC Resale Average Sales Prices for April 20190 Comments
This article features the average sales price of contracts categorized by resort and month sold for April 2018 through April 2019. Our goal is for this to provide great directional information for anyone considering a Disney Vacation Club (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, contracts that are smaller and have higher point availability tend to sell for more than the average price per point and vice versa.
Could Selling Prices Be on the Rise Soon?
Despite many changes in 2019 (i.e., point charts reallocation, high dues increase, direct price increases, a resale restriction on the Classic 14 DVC Resorts, a restriction on future DVC resorts and a reversal of the point charts reallocation) resale selling prices have remained very stable. However, could the high buy back rates change this very soon?
In April, DVC Resale Market observed a record number, 114 buy backs. Some of this was due to Disney getting caught up on some sales through late February and March, and a generally high sales volume, however the 2019 buy back rate through the end of April is roughly 19%. With nearly 1 in 5 contracts being bought back by Disney, it’s certainly possible to see an increase in selling prices for two main reasons: 1. People increasing what they are willing to pay in hopes of avoiding having their contract bought back by Disney. 2. Inventory shrinking as buyers who experience a buy back move to another contract over 80% of the time with DVC Resale Market, creating nearly 2 sold contracts from 1 original sold contract. In part, due to high buy back rates, DVC Resale Market’s inventory has dropped from the upper 300’s to upper 200’s in just about one month’s time. Inventory typically has an inverse relationship with price. As inventory drops, typically price goes up and vice versa.
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, April 2018 – April 2019:
DVC Resale Price Changes for Non-Resorts
Below is a chart and graph detailing the average prices per point for each Non-WDW DVC Resort, April 2018 – April 2019:
DVC Resale Prices Compared to Direct DVC Prices
Below is a chart comparing the DVC Resale Market prices to Direct Resale prices:
(Based on Apr. ’19 Sales Data)
(Disney Vacation Development)
|Difference Per Point
(Direct – Resale)
|Percentage Savings with Resale|
|Bay Lake Tower||$145||$225||$80||36%|
|Old Key West||$97||$156||$59||38%|
*Direct price does not reflect any promotional discounts DVC may be offering