For now, there is little data on fractional resales. Ragatz Associates, a research firm, estimates that resales made up just $48 million of the $2 billion fractional sales market in 2005.
The newness of the industry has academics scratching their heads, saying that they can only look toward the history of timeshares to gauge how these homes might do on the resale market. “While it’s ultimately too early” to make a call on fractional re-sales, said Stuart Gabriel, the director of the University of Southern California’s Lusk Center for Real Estate, “it should be noted that the resale market for time shares is generally quite weak.”