Home Sales in Residential Golf Communities Surging in 2020

Homes in residential golf club communities throughout the U.S. are in high demand during the coronavirus pandemic.

Some fascinating real estate trends have emerged as a result:

• Admirals Cove golf community in Jupiter, Fla., saw 84 home sales between Jan. 2020 and October — up from 57 during the same period last year
• The Cliffs — which owns seven residential golf communities in the Carolinas — saw a 161% rise in Q3 sales volume year-over-year
• Quechee Golf Club, a Vermont-based community, has seen home sales increase 30% year-over-year

50 million more rounds of golf were played this year than in 2019, when 441 million rounds were played nationally.

U.S. golf equipment sales topped $1 billion for the third quarter of 2020.

“Golf is growing because it is a social distancing-kind of a sport,” Tom Stine, partner at Golf Datatech, told Front Office Sports. “It is uniquely fit for that.”