Golf Club Living

    • 50 million more rounds of golf were played this year than in 2019.
    • This article was first published in the FOS Daily Newsletter. Subscribe here.

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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.”