I hope sharing my research with you won't break any board rules. I used the board sponsor listings to compute the table. If you compare the listings in the beginning of October with the one of Nov. 1st (plus some super fast selling contracts during the month), you will get the folling figures:
In September I started with this kind of inquiry and computed the average discount per resort. I missed some contracts in the beginning of September, thus, these figures are a little bit fuzzier than the October data.
The average price per point (you can find this in sponsor's blog posts) is higher than the weighted average price per point. I'll give you an example to make the ‘weighted average price’ clearer:
There are two contracts sold for a resort: 50 pt @ 120$/pt and 300 pt @ 80$/pt. The average price is (120+80)/2=100$/pt. But the second contract is much bigger. If you weight the points, the average price results in 85,7$/pt. In the end it’s obvious, small contracts are more expensive.
The average weighted price could be more important for you, if you’re looking for a contract with 150 pt or more. Taking only the average prices (published in the blog) into account could result in overestimation of the price, you can negotiate. (I hope you understand)
I was amazed, that prices are rising again. Prices would normally decrease in the second half of the year, IIRC. But prices went up in most resorts.
Q: is such kind of data preparation helpful?
October | October | October | Sep. estim. | (uncertain) exp. | September | September | September | Sep->Oct | Sep->Oct | |
estimated | est. avg. | est. avg. | negotiated | $/pt in blog | est. avg. | est. avg. | published | rel. change | rel. change | |
# sold | listing $/pt | weight$/pt | discount | (if discount=Sep.) | listing $/pt | weighted $/pt | Blog $/pt | avg. $/pt | weight.$/pt | |
AKV | 65 | 142,40 | 140,10 | 2,6% | 139 | 139,50 | 136,70 | 136 | 2,1% | 2,5% |
Aulani Resort | 19 | 131,40 | 130,60 | 6,5% | 123 | 134,20 | 134,10 | 126 | -2,1% | -2,6% |
Beach Club | 21 | 164,50 | 159,40 | 1,7% | 162 | 163,80 | 159,50 | 161 | 0,4% | -0,1% |
Bay Lake | 34 | 176,20 | 174,30 | 2,3% | 172 | 177,00 | 171,80 | 173 | -0,5% | 1,5% |
Boulder R. | 9 | 125,20 | 118,20 | 3,7% | 121 | 122,40 | 119,40 | 118 | 2,3% | -1,0% |
Boardwalk | 15 | 140,60 | 139,00 | 3,3% | 136 | 147,70 | 144,20 | 143 | -4,8% | -3,6% |
Copper Creek | 33 | 168,30 | 166,70 | 2,7% | 164 | 169,50 | 166,90 | 165 | -0,7% | -0,1% |
GCV | 9 | 292,10 | 291,30 | 0,7% | 290 | 290,00 | 288,10 | 288 | 0,7% | 1,1% |
GFV | 22 | 197,50 | 195,50 | 3,9% | 190 | 200,40 | 200,10 | 193 | -1,4% | -2,3% |
Hilton Head | 4 | 99,00 | 97,10 | 3,9% | 95 | 89,30 | 88,40 | 86 | 10,9% | 9,8% |
Old Key West | 32 | 133,10 | 122,10 | 1,0% | 132 | 129,20 | 121,10 | 128 | 3,0% | 0,8% |
Polynesian | 34 | 180,10 | 178,30 | 1,8% | 177 | 185,30 | 181,70 | 182 | -2,8% | -1,9% |
Riviera Resort | 5 | 159,00 | 156,10 | 2,0% | 156 | 151,00 | 149,80 | 148 | 5,3% | 4,2% |
SSR | 57 | 137,90 | 135,70 | 2,5% | 134 | 137,30 | 133,70 | 134 | 0,4% | 1,5% |
Vero Beach | 12 | 85,70 | 81,50 | 2,9% | 83 | 80,30 | 77,80 | 78 | 6,7% | 4,8% |
Sum/Avg. | 371 | 154,80 | 151,30 | 149,80 | 144,90 | 3,3% | 4,4% |
In September I started with this kind of inquiry and computed the average discount per resort. I missed some contracts in the beginning of September, thus, these figures are a little bit fuzzier than the October data.
The average price per point (you can find this in sponsor's blog posts) is higher than the weighted average price per point. I'll give you an example to make the ‘weighted average price’ clearer:
There are two contracts sold for a resort: 50 pt @ 120$/pt and 300 pt @ 80$/pt. The average price is (120+80)/2=100$/pt. But the second contract is much bigger. If you weight the points, the average price results in 85,7$/pt. In the end it’s obvious, small contracts are more expensive.
The average weighted price could be more important for you, if you’re looking for a contract with 150 pt or more. Taking only the average prices (published in the blog) into account could result in overestimation of the price, you can negotiate. (I hope you understand)
I was amazed, that prices are rising again. Prices would normally decrease in the second half of the year, IIRC. But prices went up in most resorts.
Q: is such kind of data preparation helpful?