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This article contains our Fourth Quarter DVC resale market report for 2023. This will include Right of First Refusal (ROFR) data and average sale prices from offers accepted and sent to ROFR during October, November, and December 2023.
We sold just under 18,000 DVC points this quarter, with contracts ranging from 25 points up to 400 points and an overall average price per point of $112. Disney exercised ROFR on two contracts this quarter, bringing our year-end total to only three.
Fourth Quarter Sales 2023
When viewing the data below, keep in mind that individual sale prices can easily vary based on the size of the contract (in points) and the current point availability of the contract – “loaded” (having current points + banked points) or “stripped” (having no current points). Prices below do not include closing costs or annual dues – two separate features to the sale terms.
The “Hi Price” typically represents smaller point contracts, under 50 points. Smaller points contracts tend to be rarer with a larger buyer base, therefore they sell for higher than the average contract. The opposite is seen for larger point contracts, over 300 points. There is a much smaller buyer base for these so they tend to sell for less than the average, typically represented by the “Lo Price.”
Resort | Avg Price | Lo Price | Hi Price |
Animal Kingdom | $107 | $85 | $140 |
Aulani | $104 | $95 | $120 (subs) |
Bay Lake Tower | $138 | $130 | $150 |
Beach Club | $148 | $128 | $190 |
BoardWalk | $126 | $110 | $150 |
Boulder Ridge | $103 | $90 | $120 |
Copper Creek | $135 | $135 | $135 |
Grand Californian | $269 | $239 | $300 |
Grand Floridian | $148 | $140 | $165 |
Hilton Head | $68 | $65 | $75 |
Old Key West (2042) | $97 | $78 | $124 |
Old Key West (2057) | $97 | $75 | $114 |
Polynesian | $150 | $145 | $155 |
Riviera | $122 | $120 | $125 |
Saratoga Springs | $99 | $85 | $122 |
Vero Beach | $52 | $44 | $60 |
Fourth Quarter ROFR 2023
Exercised in October: Grand Floridian, 125 points, $140 per point sale price
Exercised in October: Grand Floridian, 100 points, $140 per point sale price
DVC Resale Market
As we approached the end of 2023, there was a slight decrease in prices for most resorts compared to the previous quarter and an overall downward trend from the beginning of the year. Sales remain steady but a lower prices than we saw in 2021 and 2022. A trend that is likely to go into 2024 as Disney continues to not exercise ROFR and open new properties. Limitations on resale owners and the expiration of older resorts in 18 years strongly impact the value of DVC on the secondary market.
Thinking of buying or selling?
Working with a trusted brokerage with the knowledge and experience you need to make sure you get a fair price and have a successful purchase or sale is so important in times like these. If you are unsure of what you should offer or what you should accept as far as an offer goes, please contact us! We are here for you every step of the way. If you have any questions about Disney’s ROFR or want more details on a particular sale or resort, please email us at team@vacationclublife.com or call 866-544-2919.