Is resale inventory going down or just the site I look at most?

[CourtneyAshley]

I typically stick to 1 or 2 resale sites when looking at contracts. I have noticed recently that the site that used to always have over 500 contracts listed has been consistently under 400 for the last few months. Is that a trend that has been noticed at other brokerages too?

 

[Sandisw]

I have used www.dvcforless.com when checking the market. That gives you an idea of total contracts out there and can help give an idea of how things are changing in totals.

Currently says 1341 contracts for sale.

 

[PoppyJ]

I have used www.dvcforless.com when checking the market.

I also use this website. When I was looking a couple months ago, the number of contacts for sale in my use year was regularly in the 140's. For the past few weeks, it has been in the 110's...

 

[Jack Kerouac]

The number of total contracts are going down, but I believe it's more seasonality than anything else. I think as we get closer to the end of the year / closer to dues the number will go up.

The one resort exception may be PVB. The number of contracts went from very low double digits to 90 as of today in just the past couple of months.

 

[CourtneyAshley]

I have used www.dvcforless.com when checking the market. That gives you an idea of total contracts out there and can help give an idea of how things are changing in totals.

Currently says 1341 contracts for sale.

Thank you, I did not know that site existed there are 2 main sites I've always looked at (occasionally a 3rd) site too but i did not know there was a registry of all of them

 

[CourtneyAshley]

The number of total contracts are going down, but I believe it's more seasonality than anything else. I think as we get closer to the end of the year / closer to dues the number will go up.

The one resort exception may be PVB. The number of contracts went from very low double digits to 90 as of today in just the past couple of months.

Makes sense, I just purchased (made the offer in May for AKL at 90 pp.) was curious about when/if i will add on more if it will be another resale or try direct but the dropping number of contracts worried me a bit.

 

[CWTC]

There are less listed now but I would agree part of it is seasonality. When we start looking in May for our most recent purchase, DVC for less showed about 1500 total contracts.

 

[JackosinDIS]

It was over 2000 contracts listed at the start of the year. Seems to have dropped dramatically.

 

[lbwilliams]

When do listings typically increase again? October?

 

[CourtneyAshley]

It was over 2000 contracts listed at the start of the year. Seems to have dropped dramatically.

Thats what i was thinking, I know that the one i look at most often has always seemed to have over 500 and most of the time over 600 and right now its around 350.

 

[atthebeachclub]

It was over 2000 contracts listed at the start of the year. Seems to have dropped dramatically.

Yes. I sort of panic offered when the number seemed to drop precipitously by 100 over a few days. It worked out in my favor.

 

[FrancisK7]

According to the data I have seen, demand for contracts goes up in the Summer, and in January when dues are due, is when supply goes up on market.

 

[CourtneyAshley]

According to the data I have seen, demand for contracts goes up in the Summer, and in January when dues are due, is when supply goes up on market.

Nice, so getting AKL at $90 a point in May was really good then since it was the opening of the "demand" season

 

[FrancisK7]

$90 is an amazing deal anytime of the year lol! Only 4 better deals have been reported on www.dvcrofr.com.

 

[ocdb8r1]

It's not just seasonality, the number of available resale contracts is down, even considerably from this same time last year. There seems to finally be a consistent trend on decreasing volume, which is seeing the market return to it's pre-covid averages. I don't think there's anything to read too much into this....there was a BIG overhead of contracts post-covid which peaked (from what I saw on aggregator sites hit the 2200-2300 range, which were way above historic highs).

All that said, prices are also largely at historic lows (for most resorts). Some may be deciding to just keep their contracts rather than sell at the current price levels.

 

[CourtneyAshley]

$90 is an amazing deal anytime of the year lol! Only 4 better deals have been reported on www.dvcrofr.com.

Thank you, It was partly stripped (only 42 of the 2024 points out of 180)

 

[Blerghityblergh]

Agree with what others have said. When I first started looking at DVCforless.com it had around 1750 listings and as others have said it’s been steadily declining over the last few months.

 

[Massachusetts]

I have been tracking inventory on DVCforless.com and dvcrofr.com since late March. High inventory on dvcforless was 2000 listings on 3/28. The low inventory was 7/9 at 1335. For individual resorts (I am not tracking all of them) CCR has had the greatest reduction at 53% followed by BLT 44%, AKV and SSR are down about 34%.

 

[Chili327]

I have used www.dvcforless.com when checking the market. That gives you an idea of total contracts out there and can help give an idea of how things are changing in totals.

Currently says 1341 contracts for sale.

Thank you, I did not know that site existed there are 2 main sites I've always looked at (occasionally a 3rd) site too but i did not know there was a registry of all of them

I have been tracking inventory on DVCforless.com and dvcrofr.com since late March. High inventory on dvcforless was 2000 listings on 3/28. The low inventory was 7/9 at 1335. For individual resorts (I am not tracking all of them) CCR has had the greatest reduction at 53% followed by BLT 44%, AKV and SSR are down about 34%.

Yep, I noticed "my stuff" I'm keeping an eye on has dropped drastically, like down to about 3 or 4 contracts that are remotely in my range of points, price & UY.

These 2 places are gold!!
www.DVCforless.com and www.dvcrofr.com

 

[ChipTheRescueRanger]

As other have said low time as summer rolls around so people use them. Hopefully after Sep it starts to pick up again as people start to think about dues coming up