I think the sales push at AKV has been helped tremendously by the current "Buy 100 points, Get 20 Points Free" incentive. That incentive should be ending soon, so it will be interesting to see what sales numbers DVD puts up for AKV in June and July.
With about 1.9 million points left to sell at AKV, AKV would be 'sold out' by early 2013 if it maintained its current sales rate. However, I suspect that DVD will throttle back on sales before the end of this summer, and then, when Villas of Grand Floridian sales start up later this year, AKV will be marketed as a lower cost alternative for first time DVC buyers.
Thread: Monthly sales data for May 2012
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Monthly sales data for May 2012 – 06-08-2012,07:00 AM
Even though Disney's Saratoga Springs Resort & Spa and Bay Lake Tower at Disney's Contemporary Resort are no longer being actively marketed, Disney Vacation Development posted its highest number of point sales in a month since DVCNews.com began tracking sales in July 2010. In May 2012, DVD sold 265,239 points, topping the 262,756 points that were sold in March 2011. Combined with sales in April 2012, DVD has sold 521,214 points in the last two months.
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I'm always amazed to see how BWV and BCV seem to sale similar amount of points each month. Although overall I think BCV sells slightly more points. The one resort that continues to amaze me is OKW, it still is selling a fair number of points for a sold out resort. Maybe all those ROFRs on OKW contracts are because so many members want to buy OKW direct. Although personally I can't see paying double the price for a direct purchase versus a resale for an OKW contract, even for the extended contract you get with a direct purchase.--Denise
Good read. I continue to look forward to the monthly sales data posted here. I would have never expected so much activity at all the resorts. I wonder when the 2042 expiration dates will start having a negative effect on direct sales.
For a few buyers, the length of the leasehold is an important factor. But for most buyers, I don't think the 2042 expiration dates will be a significant factor for several more years to come. Here is something I posted on another board about the declining number of years left on some deeds:
I think the length of the remaining leasehold is a consideration but is not a significant factor in determining the value of a resort's points. When we purchased DVC, my wife and I anticipated that we would definitely visit WDW at least once a year for the next 10-15 years. Barring a medical miracle, we'll expire before our AKV and BLT deeds expire in 2057 and 2060. Heck, I probably won't even make it to 2042. Since my real 'window of use' is actually much shorter than the remaining years on the leaseholds, its irrelevant to me that BLT has "lost" 3 Use Years since we bought in 2009.
As long as people think they can use the points in their self-determined 'window of use', it doesn't really matter whether a resort expires in 2042 or 2062.
Good point wdrl. But I still think that families think the contract will cover of the lifetime for their children and even grandchildren until they are adults and have little ones of their own. However, many members have not come to the reality that perhaps their children/grandchildren cannot afford the monthly dues when they inherit the contracts. I have seen some posts that mention although they wouldn't mind turning the contracts over to family, the heirs cannot afford to pay the annual dues. Or upon inheritance the heirs are forced to sell the contracts because of the inability to pay the dues. Although I have seen some members mention that the are setting up trusts to cover the dues for their heirs. That's a pretty lucky family IMO.--Denise
I really wish they would publish the Aulani information.
Any idea on how many points are left at Aulani?
Mar 2010 Paradise Pier DL (then made the leap to DVC )
Nov-Dec 2010 VGC
May 2011 VGC
Oct 2011 VGC
May 2012 VGC (Son in-laws and daughters points)
Nov 2012 VGC
Feb 2013 VGC
Apr 2013 VGC
Tracking sales data for Aulani is much different than for the resorts at WDW, Hilton Head, and Vero Beach. The Hawaii Bureau of Conveyances' website is not nearly as user friendly as the sites that service the other resorts. In addition, HBC doesn't update its data as quickly as the others: HBC is updated only through mid-February.
I recently posted some information about Aulani sales for January 2012. See http://dvcnews.com/forum/showthread....les-A-Snapshot. I'm not sure if I'll update the Aulani information on a regular basis.