Homes in residential golf club communities throughout the U.S. are in high demand during the coronavirus pandemic.
Some fascinating real estate trends that 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.”