Have we hit bottom & started up???

A 4800 pt. Flamingo just sold on e-Bay for $5251.99! That doesn't include maintaince and closing costs of an additional $1708.00. Now we're looking at almost $7000.00. I know the Flamingo has traditionally gone higher because of no ROFR, but this was still more than a little higher than whats been selling lately.
We bought a 4800 pt Seaworld about 2 months ago for $4010.00 all in. (including MF and closing) Both sales included 2010 points and M/F, so I consider them to be very comparable. The difference is over 40% higher! Is this a sign things might have bottomed out and maybe are turning up?
.63 per point vs 1.09 (no M/F or closing costs included) is significant.
What does everyone else think???

That would be a week 52- New Years week

I was tracking the HGVC Flamingo week that sold tonight on eBay... what makes this different is that it is aa New Years week..a high demand week in Las Vegas. I have seen these on resale asking about 14K.. the eBay price probably indicates a value more close to the market.

amisco said:

I was tracking the HGVC Flamingo week that sold tonight on eBay... what makes this different is that it is aa New Years week..a high demand week in Las Vegas. I have seen these on resale asking about 14K.. the eBay price probably indicates a value more close to the market.

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This may be the case here. In many other "anamolies" like this, it is either two parties who have not done the research bidding the price up, or just one potential buyer and a seller using shill bidding. These types of cases have no bearing on if the market has bottomed out!

I follow Marriott and Hyatt resales very closely and I can tell you that both have been testing new lows lately on eBay. Doesn't seem like the bottom is here yet to me.