Five Golf Real Estate Trends Happening Right Now
1. Golf, the Game, is Back and Then Some
For golf real estate to come roaring back, golf needed to experience a renaissance. Rounds played in March were up 45% over March 2020 according to the National Golf Foundation At Champion Hills, we are setting records across all membership categories! Many are attracted by our Tom Fazio-designed mountain layout, which Golfweek ranks among the best residential courses in the U.S. and Golf Digest rates as one of the top private courses in North Carolina.
2. People are Combining Their Searches for Private Clubs and Communities
While it seems logical that people looking to relocate would search for a private club and golf course home together, that’s historically not the case. According to Golf Life Navigators, 80% of prospective buyers plan to “bundle” their search in 2021. This is up from 59% in 2020 lower in prior years. At Champion Hills our members find safety, security and sanctuary. We are the private golf community version of one stop shopping.
3. Successful Golf Communities Give Buyers Options
Before the pandemic, only 13% of homebuyers researching “lifestyle communities” preferred resale homes, according to Private Communities Register. Over 40% were looking to build. With housing supply at its lowest point in U.S. history, resale homes are few-and-far-between. But Champion Hills is able to respond to today’s market challenges with a range of luxury resale homes and building lots.
4. Demand is Surging in the “SEC and ACC Territory”
Real estate searches and relocations to the Southeastern U.S., particularly the Carolinas, have increased exponentially in the past eight months. Champion Hills is located in stretch of Blue Ridge Mountains amid what sports fans refer to as “SEC and ACC” territory. All of the states in this footprint offer year-round golf and many boast four-season climates with resplendent fall and spring seasons and mild, enjoyable winters. That’s certainly the case at Champion Hills, where we attract members from the Midwest, Northeast and Florida.
5. Lifestyle Leads the Way
Health and wellness are at the top of most people’s lists these days, and clubs and communities that offer active lifestyle and ample social activities have a decided market advantage. Champion Hills is located in the heart of Henderson County, which was recently named one of the healthiest in NC. And our renovated and expanded Wellness Center is ranked among the top 50 facilities in the U.S. by Club and Resort Business.