Disney Vacation Club Resale Prices – August 2023
Because we collect and track all DVC resale listings from every major broker, we are able to get some interesting insights on resale prices for all Disney Vacation Club resorts! Potential Buyers always wonder if they are getting a good deal, or what a fair price is for a resale listing.
It’s important to call out the data below is based all DVC Resale listings we track across every broker and filtered to only show the listing “removed” in August. It is assumed that when a listing is “removed” indicates that it was sold. The price per point is based on the last price shown on the DVC Resale Broker’s website. It is common that buyers will offer slightly under asking price and contracts will usually sell for a few percent less than their list price. Also, it is possible that a listing was removed because the seller just changed their mind and no longer want to sell. Because we don’t know the details, we assume everything “removed” was sold.
August saw 891 Listings sold vs 961 in July, so volume was down about 8%. On average, resale prices were DOWN about 3% in August vs July. A couple of interesting outliers are Grand Californian and Riviera.
Villas at Grand Californian had 13 sold listings in July at an average of $298/pt. In August, there were 9 contracts sold and the average price dropped to $280 per point. Villas at DisneyLand Hotel just became available to buy direct in May, so it is likely that having another option for a CA based Home Resort is creating pressure on VGC.
Grand Californian continues to be one of the most “In Demand” resorts, though, with quite a few of our site visitors signing up to receive free DVC Resale Price Alerts when a new contract comes up for sale, or an existing listing has its price lowered.
Riviera on the other hand is the only DVC Resale home resort that saw an INCREASE in price July to August. In July 21 contracts were sold with an average price per point of $139, and in August there were 19 sold with $146 being the average point cost.
August 2023 DVC Resale Prices
wdt_ID | Resort | Listings Sold in July | July Avg $/pt | Listings Sold in Aug | Aug Avg $/pt |
---|---|---|---|---|---|
1 | Animal Kingdom Lodge | 96 | 121 | 89 | 117 |
2 | Aulani (Hawaii) | 95 | 111 | 67 | 110 |
3 | Beach Club | 45 | 151 | 60 | 149 |
4 | Bay Lake Tower | 78 | 155 | 67 | 150 |
5 | Boulder Ridge | 37 | 113 | 27 | 110 |
6 | BoardWalk | 83 | 126 | 72 | 124 |
7 | Copper Creek | 42 | 156 | 35 | 150 |
8 | Grand Californian (DisneyLand) | 13 | 298 | 9 | 280 |
9 | Grand Floridian | 28 | 169 | 26 | 168 |
10 | Hilton Head (South Carolina) | 24 | 76 | 32 | 74 |
11 | Old Key West | 109 | 101 | 107 | 96 |
12 | Polynesian | 65 | 158 | 66 | 158 |
13 | Riviera | 21 | 139 | 19 | 146 |
14 | Saratoga Springs | 174 | 115 | 166 | 111 |
15 | Vero Beach (Florida Beach) | 51 | 65 | 49 | 63 |
Factors influencing DVC Resale Prices
The big factors that determine the price per point of a DVC Resale contract are: Home Resort, Contract Size (Number of points), and contract status (is the DVC Resale contract “Stripped” or “Loaded”.
The biggest influence, by far, is home resort. Home resort matters so much because of the 11 month booking window. As I call out in the DVC Resale FAQ, Home Resort priority and booking at least 7 months in advance to take advantage of the home resort window is really important.
Use Year doesn’t often influence the price of a contract, however return buyers who are buying an add-on DVC Resale contract may have preference for their existing use year to make managing their points easier. No use year is “better” than others, though, so it doesn’t have a meaningful impact on pricing.
Size of DVC Contract Impact on Pricing
150 points is the average size of a DVC Resale contract. Contracts that are much smaller (100 points or fewer) often carry a premium of up to 10% price per point. The smaller the contract, the higher the premium. Likewise, larger contracts are usually less expensive (from a “price per point” perspective). The larger the contract, the more of a discount on the price per point you are likely to get, and the more room you have for negotiation. For example, 300-400 points you can expect roughly 5% lower than average pricing, while huge contracts like 1000 points might have as much as a 10% discount from the average.
This is simply a factor of the size of the buyer pool: There are a lot more people who can afford to spend $6,000 for a 50 point contract than there are people who can afford to spend $120,000 for a 1000 point contract.
Status of DVC Contract Impact on Pricing
The other factor that determines pricing is the status of the Disney Vacation Club resale contract. Sometimes you will see this referred to as a contract being “stripped” or “loaded”. This refers to the amount of available points to use right now and in the next use year on a contract.
For example, if you were looking at a Riviera contract for 200 points with a December use year, the status of the contract would be determined by How many points are available for the Dec ’22 use year? (The points that can be used Dec ’22 – end of Nov ’23) and How many points are coming in Dec ’23?
Because DVC allows “Banking” of unused points and “borrowing” of future points into the current year, it’s possible that a 200 point contract might have 400 points available right now with another 200 coming in Dec ’23. That would be considered a “loaded” contract. It’s also possible that the seller borrowed all of the points that would be coming in Dec ’23 and there are NO current points available on the contract and NO points coming in Dec ’23, and you won’t have any points until Dec ’24. This would be considered a “stripped” contract.
A loaded contract might cost ~10% more than “average”, and a stripped contract might cost ~10% less than “average”.