3rd Quarter – DVC Resale and ROFR Report

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JUL-SEP 2021 ROFR

This article contains our Third Quarter DVC resale report which includes Right of First Refusal (ROFR) and average sale prices from offers that were accepted and sent to ROFR during the months of July, August, and September 2021. Average sale prices continued in an upward trend and Disney’s ROFR rates increased as well.  We are continuing to see a lower amount of inventory as more buyers are looking to make a purchase creating a shift in supply v. demand. Garden Views Realty (ResalesDVC) sold close over 23,000 DVC points this quarter with just under 25% of those being exercised by Disney’s Right of First Refusal.

What is Disney’s Right of First Refusal?
The purpose of Disney’s Right of First Refusal (ROFR) is to control the value of their property. When there is an accepted offer and a signed contract, DVC will do an analysis of the terms of the contract and decide if they wish to “step in” as the buyer. The criteria DVC uses for ROFR is not public information but one important factor for exercising ROFR would be if they feel the selling price, including who pays closing costs and maintenance and taxes, is below the target price they have established.

July-September 2021 

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). Smaller point contracts tend to sell for around $10-$15 per point higher due to high demand and lower inventory. Prices below do not include closing costs or annual dues – two separate features to the sale terms.

RESORT Avg. Sale Price
Apr-Jun 2021
Avg. Sale Price
Jul-Sep

2021
DVC ROFR EXERCISED
Jul-Sep 2021
Animal Kingdom $128 $127 130 points @ $121
150 points @ $120
150points @ $121
180 points @ $118
220 points @ $127
300 points @ $125
Aulani $109 $128
Bay Lake Tower $166 $161 100 points @ $140
435 points @ $155
Beach Club Villas $153 $163
Boardwalk Villas $130 $141 350 points @ $120
Grand Californian $260
Grand Floridian $184 $175
Hilton Head $80 $85
Old Key West (2042) $114 $124 130 points @ $110
210 points @ $108
230 points @ $100
230 points @ $120
Old Key West (2057) $150  $139
Polynesian $168 $170
Riviera $147 $156
Saratoga Springs $119 $124 100 points @$125
100 points @$125
125 points @ $120
130 points @ $128
150 points @ $115
150 points @ $120
150 points @ $120
150 points @ $121
150 points @ $123
150 points @ $123
150 points @ $123
160 points @ $122
160 points @ $126
200 points @ $118
200 points @ $120
200 points @ $125
210 points @ $125
225 points @ $110
230 points @ $125
245 points @ $105
270 points @ $122
400 points @ $119
Vero Beach $70 $76
Wilderness Lodge: Boulder Ridge $102 $104 210 points @ $112
Wilderness Lodge: Copper Creek $159 $161
SALES BY RESORT

Contract sizes sold this quarter ranged from 25 points up to 600 points with the average amount of points purchased being 153 points. The most points were sold at Saratoga Springs, followed by Animal Kingdom and Bay Lake. 

 

 

Click here for previous DVC ROFR data

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@resalesdvc.com or call 866-544-2919.




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