Monthly Sales Data - Updated for November 2010

[rentayenta]

I am suprised that people are surprised that SSR would sell so well. We bought there and it's a beautiful resort with awesome ammenities. Great price, gorgeous, and nice contract- why wouldn't it sell?

 

[bookwormde]

Thanks for all your work, I needed a data fix. It is interesting to know that the SSR discount is being used to clear the ROFR and repo points.

bookwormde

 

[dianeschlicht]

Interesting data, and thank you for doing something I would never do....compile it! It's interesting to me that DVC has so much of the older resorts to sell. I wonder if that's mostly from ROFR?

 

[wdrl]

Interesting data, and thank you for doing something I would never do....compile it! It's interesting to me that DVC has so much of the older resorts to sell. I wonder if that's mostly from ROFR?

Some of the points Disney is currently selling at SSR may be points reacquired through the ROFR or foreclosure process. However, I know a lot of SSR points sold in July were 'new' points never sold before. The 40,570 SSR points sold in July came from 69 different SSR Units. Some, like Unit 134A, had lots of deeds sold prior to 2010.

Since March 2010, when Disney reduced the price of OKW to $90/point, Disney has sold 60,178 OKW points. I hadn't checked whether these points were 'new' or 'recycled' points until you raised your question.

For the time being, I can't answer your question with any certainty whether these OKW or SSR points are 'new' or 'recycled' points. The only thing I can say with certainty is that not ALL of these points are 'new', nor are ALL of these points are 'recycled.' How is that for being specifically noncommittal?

Edited to add: See my post #25 for qualification about the number of deeds sold in specific Units.

 

[wdrl]

Blame it on having a senior moment, or suffering from an advancing "brain cloud", but I need to retract a couple statements I made in my earlier posts.

. . . there are several SSR Units that had very few points sold. For example, SSR Unit 1D has been allotted about 60,900 points but only 795 points had been sold before this month.

But other [SSR Units], like Units 01D and 01O, have had very, very few contracts sold. . . . Disney has only sold 10 deeds for 1,085 points from Unit 64H, and all 10 deeds were sold in the last 4 months.

I shouldn't have said that Disney has sold very few points for SSR Unit 01D or 01O or OKW Unit 64H until recently. My mistake came when I searched the OCC database for deeds belonging to Units 01D, 01O, and 64H. Even though I searched all the way back to 1992, only a handful of deeds were found in the search and they were all sold recently. However, I forgot that searches by specific Unit numbers are ONLY valid for records recorded at OCC after 6/1/2008. Disney could have sold hundreds of deeds for Unit 01D prior to that date, but my search would have only revealed the handful that sold recently.

I'll go back through the OCC records, searching by date, and see if I can locate deeds for these Units. Its a cumbersome process, so it might take me a day or two before I can post.

Sorry for the misstatement.

 

[Ramsfan28]

I am suprised that people are surprised that SSR would sell so well. We bought there and it's a beautiful resort with awesome ammenities. Great price, gorgeous, and nice contract- why wouldn't it sell?

I think it has to do with location. It is far to all the parks and you either have to rent a car of take a Disney bus.

BLT is a short 10 minute walk to MK and a monorail ride to Epcot just as an example.

 

[gkrykewy]

I think it has to do with location. It is far to all the parks and you either have to rent a car of take a Disney bus.

BLT is a short 10 minute walk to MK and a monorail ride to Epcot just as an example.

A monorail ride that takes longer than a bus from SSR....

Clearly SSR is at a good direct price sweet spot right now.

 

[rentayenta]

I think it has to do with location. It is far to all the parks and you either have to rent a car of take a Disney bus.

BLT is a short 10 minute walk to MK and a monorail ride to Epcot just as an example.

Really? Interesting.

 

[lilpooh108]

When I was at the July Aulani event at DLR, Disney was pushing SSR as "network" points for people to trade out to other resorts or DCL. I think the comment from one of the two guides on stage was: "you're either a resort-driven owner or network-driven owner" in order to highlight that it was supposedly "crucial" to buy at Aulani if you wanted to stay there.

The comment was interesting because the guide also said that if you were more "network" driven, you would want to buy at SSR or GCV since the price per point and MFs were lower. I didn't think that GCV was lower price per point, so this comment seemed strange to me.

Perhaps that's how they're selling SSR--lower price per point, network "trading" ability and "lower" MFs.

I thought the comments were slightly misleading since: (1) GCV was "lower" only if bought a certain amount of points to get the $15 per point discount (but MFs are lower than other resorts); and (2) SSR MFs, while lower than BCV/BWV/VB/HHI/AKV, are about average at $4.41.

We had non-member friends with us at the presentation and I felt that they were confused/mislead by the comments.

wdrl--thanks for all this information. I love your posts...you always have such great information and comments.

 

[dizfan]

wdrl thanks for all the great research. Very interesting to see data from the various resorts.

Are there any sites that keeps a history of DVC incentives with the dates they started and changed?

It would be fun to watch the lag time between new incentives and contracts showing up on the OCC. For example, just before AKV went to $120 base, was there an increase in sales of people rushing to beat the increase?

 

[Dizny Dad]

wdrl - interesting thread . .

Of course they have a ton of Saratoga to sell....

i've been doing a 5 year case study on that thing...it's pretty obvious that there is much available and why that is so.

OK, why?

 

[Ramsfan28]

A monorail ride that takes longer than a bus from SSR....

Clearly SSR is at a good direct price sweet spot right now.

I would debate that - sometimes that wait for a bus can be quite the challenge.

 

[gkrykewy]

I would debate that - sometimes that wait for a bus can be quite the challenge.

Much like waiting for your first monorail, then trudging up and down the TTC ramps to switch to the monorail platform for the EPCOT line, and then waiting for that second monorail. It's even worse on the way back to the contemporary, when you not only have to do the transfer shuffle, but also have to wait for the monorail to go all the way around the lake, making all stops, before getting back to the contemporary.

Granted the monorail is more *FUN*, but it's not a very efficient way to get to/from EPCOT if you actually add up the times.

 

[Friendofpluto]

Best post that I have read. Enjoyed the data.

 

[realfam]

Great post!!!! We own at SSR and AKV and I was suprised at how many liens DVC posted in July 2010. I wonder how many foreclosurers happen per month?
Great work, keep the data coming.......

 

[wdrl]

In my earlier posts (see Post #25 for background), I made a statement that some of the points Disney is currently selling at SSR and OKW were points it had never sold. I retracted that statement when I realized a flaw in how I searched the OCC database.

I have gone back through the OCC database and now believe that Disney may have very well sold some or all of these points in the past. For example, OKW Unit 62H was declared for the DVC membership in November 1999 and 34 deeds were sold in January and February 2000.

Thus, I believe that for the "sold out" resorts there is a greater chance that Disney is currently selling 'recycled' points -- points reacquired through ROFR and foreclosure -- than 'new' points that had never been sold before.

 

[wdrl]

Interesting and thanks for compiling.

Are the ROFR's included or trackable too???

I just posted some data on ROFR deeds for June and July 2010. See http://www.disboards.com/showthread.php?t=2529191

 

[disneyrunningnut]

Wow, that is great work. I really enjoy these threads. Any predictions on when BLT and AKV with be considered sold out?

 

[wdrl]

I updated the chart in Post #1 of this thread to include monthly sales data for August 2010. I have also posted some general observations about recent DVC sales on the DVCNews.com Forum at http://dvcnews.com/forum/showthread.php?p=77950#post77950.

 

[wdrl]

I updated the chart in Post #1 to reflect sales of WDW resorts for September 2010.