October 2022 Resale Trends
Resale pricing continues downward trend
The resale market going into October continues the recent trend of a reduction in DVC pricing. Only two of the 15 DVC resorts increased appreciably (Polynesian and Riviera), and 12 of the resort's listings went down. Overall the pricing index went down $2.85/point or 2.0% from last month. Resale pricing peaked in November 2021 and has dropped by $10.33/point since then.
The comprehensive listings are down $8.56/point or 5.8% compared to last year. The most significant drops are the Grand Floridian (11.0%), Aulani (9.2%) and Vero Beach (6.2%). Beach Club increased the most (6.9%).
The average resale price/point has increased 18.0% compared to two years ago.
Compared to direct pricing, resale at Bay Lake Tower and Beach Club have the most savings of $97/point. The Grand Floridian and Grand Californian resale savings is only $30 and $37/point on the low end. The average savings per point is $76.
DVC pricing can be impacted by various factors that may impact this comparison. As a general rule, DVC contracts with a small number of points will have a higher price/point than one with a large number of points. In addition, contracts with points that are not used will typically be higher priced than a contract with “stripped” points. Other factors may also come into play.
The DVC Field Guide Resale Index is calculated by taking the average listings on these major DVC resale sites. DVC Resale Market (www.dvcresalemarket.com), Fidelity Real Estate (www.fidelityrealestate.com) and DVC Store.com (www.dvcstore.com)
As you can see, resale history at all DVC locations peaked in November 2021 and has been on a downward slope since then.