DVC Resale Average Sales Prices for April 20200 Comments
This article features the average sales price of contracts categorized by resort and month sold for April 2019 through April 2020 by DVC Resale Market (DVCRM). Our goal for this article is 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 the price 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 contracts, subsidized dues contracts, etc.). For example, contracts that are smaller and have higher points availabilities tend to sell for more than the average price per point and vice versa.
Prices Continue Slight Decline and Sales Begin to Surge
The overall average price dropped to $115.16 in April. This is down roughly 3.1% from March and 5.1% from the peak in January. Outside of any macro news, at present course, price declines are likely to slow down or stop all together due to strong sales and less inventory.
In the last 4 weeks, DVCRM has sold 290 contracts compared to 280 contracts over that same period a year ago. Since March, inventory has shrunk from over 520 listings to under 360 at the time of this article. That is an over 30% reduction in inventory in less than 2 months. If inventory continues to shrink, prices will likely not go down, and could even begin to go up again.
Of course, the direction of supply and demand and prices will be highly dependent on Disney Parks and Resorts news. If even a modified opening of the Disney Parks and Resorts in the US were to be announced for the Summer, it is likely to see an even higher increase in demand, further reduction in supply and probably an uptick in prices. However, if it takes to the Fall or into next year for a partial re-opening we wouldn’t be surprised to see a continued decline in resale prices.
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 2019 – April 2020:
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 2019 – April 2020:
DVC Resale Prices Compared to Direct DVC Prices
Below is a chart comparing the DVC Resale Market prices to Direct Resale prices:
(Based on April ’20 Sales Data)
(Disney Vacation Development)
|Difference Per Point|
(Direct – Resale)
|Percentage Savings with Resale|
|Bay Lake Tower||$144||$235||$91||39%|
|Old Key West||$98||$165||$67||41%|
*Direct price does not reflect any promotional discounts DVC may be offering. Click here to view resale restrictions.
**Riviera resale data based on last sale in Feb. ’20