SECOND QUARTER 2021 – DVC RESALES AND ROFR REPORT

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Apr-Jun 2021 ROFR

Apr-Jun 2021 ROFRThis article contains our Second 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 April, May, and June. 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 to 30,000 DVC points this quarter with 10% 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.

April – June 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
Jan-Mar 2021
Avg. Sale Price
Apr-Jun 2021
DVC ROFR EXERCISED
Apr-Jun 2021
Animal Kingdom $118 $128
Aulani $108 $109
Bay Lake Tower $149 $166 200 points @ $150
320 points @ $158
Beach Club Villas $146 $153
Boardwalk Villas $139 $130 150 points @ $117
Grand Californian $228
Grand Floridian $174 $184
Hilton Head $70 $80 170 points @ $70
Old Key West (2042) $110 $114 220 points @ $108
230 points @ $100
230 points @ $100
Old Key West (2057) $115  $150
Polynesian $156 $168
Riviera $140 $147
Saratoga Springs $109 $119 100 points @ $111
100 points @ $123
130 points @ $118
150 points @ $120
150 points @ $125
160 points @ $110
160 points @ $110
200 points @ $107
200 points @ $115
210 points @ $120
225 points @ $105
225 points @ $115
270 points @ $107 
300 points @ $120
Vero Beach $66 $70
Wilderness Lodge: Boulder Ridge $99 $102
Wilderness Lodge: Copper Creek $147 $159 120 points @ $155
SALES BY RESORT

Contract sizes sold this quarter ranged from 25 points up to 520 points with the average amount of points purchased being 167 points. The most points were sold at Saratoga Springs, followed by Bay Lake Tower and Vero Beach.

DVC ROFR and Resale 2nd quarter 2021

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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