--- title: "Fractional Real Estate Sales Flat in 2018 - SherpaReport" description: "The Ragatz Associates survey shows total sales of $471m in 2018. This includes destination clubs, private residence clubs and fractional interests." url: "https://www.sherpareport.com/prc/fractional-sales-2018.html" date: "2026-10-24T20:17:55+00:00" language: "en-GB" --- [ ![Sherpa Report](https://www.sherpareport.com/images/sherpa-report-logo-white.svg) ](https://www.sherpareport.com/) #### Member login Remember Me - [ Forgot your username?](https://www.sherpareport.com/lost-user-name.html) - [ Forgot your password?](https://www.sherpareport.com/lost-password.html) GO [ ](# "Menu") # Fractional Real Estate Sales Flat in 2018 Nick Copley 09 May 2019 Last Updated: 09 May 2019 The annual survey of destination clubs, private residence clubs and fractional interests from Ragatz Associates, shows total sales of $471m in 2018. This is down just a little from $480m in 2017. The overall total sales have been around $500m for several years. The mix between the different components has varied a little over these years. The breakdown of these 2018 North American sales is shown in the table below: | Fractional Interests | $40m | |---|:-:| | Private Residence Clubs | $144m | | Destination Clubs | $287m | The total sales of $471m is the lowest number since Ragatz started this survey in 2004. Destination Club sales continue to be the largest component as they have been over the last few years, with sales of $287m last year. To calculate these numbers, Ragatz reached out to 316 fractional interest projects and [private residence clubs](https://www.sherpareport.com/prc/), along with eight destination clubs. Of the 316 developments, 50 actually made some sales in 2018, as did all eight destination clubs. Most of the inactive developments are older, sold-out fractional interest projects. Ragatz notes that "the average annual sales volume in the 50 active projects was $1.4 million for fractional interest projects and $6.9 million for private residence clubs". However, there were three private residence clubs that made much larger sales than the others, and if these are excluded the average for the others drops to $3.2m. Of these 50 active projects, 23 had sales of less than $1m and just 4 had sales over $10m in 2018. The most common share size in the fractionals and the prcs is 1/8th to 1/10th. The average development contains 33 units, with 2- and 3- bedrooms being the most common configuration and an average unit size of 1,585 square feet. Looking at the [destination clubs](https://www.sherpareport.com/destination-clubs/), Ragatz estimates there are a total of 19,150 members across the clubs. The average residence in the clubs has a reported value of $3.3 million and contains 3,350 square feet. So the destination club homes are significantly larger than the residence club or fractional homes. The full report, with more detailed analysis, is available at the [Ragatz Associates](http://ragatzassociates.com) website. ### Related Items #### [Ragatz Reports Fractional Resort Sales Rise Slightly in 2025](https://www.sherpareport.com/prc/fractional-sales-2025.html) #### [Ragatz Reports Fractional Resort Sales Drop in 2024](https://www.sherpareport.com/prc/fractional-sales-2024.html) #### [Fractional Resort Sales Fairly Level in 2023](https://www.sherpareport.com/prc/fractional-sales-2023.html) #### [Reviewing Luxury Vacation Home Alternatives](https://www.sherpareport.com/destination-clubs/luxury-vacation-home-alternatives.html) #### [Island Sky Residence Club: A New Face On A Small Island](https://www.sherpareport.com/prc/island-sky-residence-club.html) #### [Ragatz Says Fractional Resort Sales Rise in 2022](https://www.sherpareport.com/prc/fractional-sales-2022.html) #### [Fractal Launches Fractional Residences in European Cities](https://www.sherpareport.com/prc/fractal-europe-cities.html) #### [Co-ownership Residence Club & Yacht on Bahamas Private Island](https://www.sherpareport.com/prc/residence-club-bahamas.html) #### [Ragatz Reports Fractional Sales Rise in 2021](https://www.sherpareport.com/prc/fractional-sales-2021.html) #### [Reworking the Sharing Concept: Kocomo and Vacation Home Co-Ownership](https://www.sherpareport.com/prc/kocomo-vacation-home-co-ownership.html) #### [Elite Alliance Launches New Private Residence Clubs](https://www.sherpareport.com/prc/elite-alliance-residence-clubs.html) #### [Pacaso Offers New Home Co-ownership Alternative](https://www.sherpareport.com/prc/pacaso-home-co-ownership.html) ### SherpaReport monthly newsletter First Name Email Comments ![Guide to Private Aviation](https://www.sherpareport.com/images/2023/12/08/destination-guide.png) ### Destination Club and Residence Fund Guide For an in-depth understanding of destination clubs and residence funds, download our free guide. This book offers details about the various types of clubs and membership plans, how reservations work, the financial aspects you'll need to know, how these two vacation home alternatives compare to luxury second home ownership in terms of cost and questions you should ask when looking to join a club. 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