It seems reasonably likely that more contracts will come on the market than usual in the next year, both due to people annoyed with everything (closures, points glut, expiring points, inability to rent, etc) and deciding its time to sell, and due to the recession.
It also seems reasonably likely that demand will be reduced considerably, for the same reasons, and also because with fewer people at WDW fewer people will "catch the bug".
If a drop in prices is caused by excess supply, Disney will be unable to support prices via ROFR, as they simply aren't in a position to buy up a ton of contracts. Anything they buy they need to sell, and they are already offering incentives on 5 sold out resorts as it is, an indication that their demand is already too low. Offering incentives on sold out resorts isn't something they've done in at least 10 years.
As a result I think a return to 2016ish prices within 12 months is fairly likely. Possibly lower.