DVC Resale Average Sales Prices for March 2020
This article features the average sales price of contracts categorized by resort and month sold for March 2019 through March 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.
Amid the Pandemic and Disney Shutdown, Some Resort Resale Prices Staying Steady, Some Declining
Even in the middle of this COVID-19 pandemic, with Disney Parks remaining closed down, the sale of DVC Resale contracts continues at a slower but steady pace. Prior to March DVCRM was selling roughly 11–12 contracts per day, since early March that number has declined to 6–7 contracts per day.
Resale prices have seen minor changes to this point. Overall, the average price per point for all DVC resorts dropped from $121.3 per point in February to $118.9 per point in March. Some resort resale prices have remained steady such as high volume sellers Animal Kingdom and Saratoga Springs, while Grand Californian has even seen a price increase due to such low inventory numbers.
Some resorts are teetering around their rolling year lows, and the average resale price for Polynesian dropped to an astonishing $136 per point. Just one year ago, the average Polynesian contract sold for nearly $20 per point more. For those that don’t mind the lack of room mix at their home resort, Polynesian continues to be an excellent resort to purchase right now. Outside of any macro changes there is reason to believe Polynesian may have reached the bottom of its price per point reselling value as the resale inventory for Polynesian has significantly shrunk in recent months going from nearly 70 contracts to under 40. For additional perspective, at this current price Polynesian is selling at, it overtakes Saratoga Springs as the best long-term economic DVC Resort to purchase when considering dues, price and year left.
The slight declines we saw in March will likely continue in April, creating an extended buyer’s market. If Disney is able to re-open in June and a path can be seen for the economy to recover, it is likely resale price declines due to macro impacts would slow down or come to a halt given the vast macro successes (both Disney and the general economy) prior to the pandemic and the likely pent up demand to return to the Happiest Place on Earth. For now, I would encourage any buyer who wants a deal to buy in April. While I cannot guarantee what will happen beyond April, I can guarantee your chances of getting a good to great deal on a DVC resale contract is stronger now than in the past few years. Additionally, the amount of buy backs in March were the highest volume we’ve seen since last August. If that continues, it will offset some possible future price declines.
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, March 2019–March 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, March 2019–March 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 March ’20 Sales Data)
(Disney Vacation Development)
|Difference Per Point|
(Direct – Resale)
|Percentage Savings with Resale|
|Bay Lake Tower||$140||$235||$95||40%|
|Old Key West||$99||$165||$66||40%|
*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