Price Trend Since Perks Change

[nickspace]

It has been a little while since the buying rush due to the change in perks. Are we now seeing any change in the price of points or is this too soon to tell?

 

[DVCconvert]

well, it doesn't appear resale prices have gone up any.

 

[palaemon]

I think they're in a downward trend, but will generally level off, IMO. Unlike many timeshares, I believe DVC has real long-term value to the masses. People will always have kids, do WDW will always be appealing to new prospective members.

 

[nickspace]

I bought SSR about 5 years ago and there has roughly been a $20 price drop since then. I will be curious to see what the next 6 months hold.

 

[Ryansdad0727]

I bought SSR 1 year ago and there has been a $10 price decrease since then.

 

[JimMIA]

I bought SSR about 5 years ago and there has roughly been a $20 price drop since then. I will be curious to see what the next 6 months hold.

I think it depends somewhat on what comparison you are using. I bought SSR six years ago at $83. Looking at the ROFR thread, it looks like SSR is generally selling around $60, which would be $23 less than what I paid.

However, there have been numerous ROFR clearances below $60 including several at $50 and one at $48. The most recent one at $50 was a 200-point contract, fully loaded.

So I'd say there has been a significant erosion in SSR prices over the last six years. I didn't check prices, but I really think there has been even more at AKV since sales opened there. And, as Ryansdad0727 noted, a LOT of the drop has been in the last year or two.

As far as any effect from the change in perks, I think it's too early to tell.

I don't expect the prices to crash, but I think they are going to steadily decline -- not because of the perks change, but because Disney is not ROFRing much, and the economy stinks. Those two factors are what will drive DVC resale prices, IMHO.