NAPLES, Florida (Feb. 24, 2021) – Golf Life Navigators, the world’s only virtual marketplace for consumer-to-club connections, has found 79 percent of prospective Sunbelt golf buyers plan to combine their search of club and home in 2021 – up from 59 percent (prior to the emergence of COVID.)
In a recent study to track buyer demand for real estate, GLN officials compared historical trends since 2015. The demand to live inside a gated golf community had increased to 63% (up 7% since the emergence of COVID.) In addition, 55% of buyers plan to relocate permanently (up 3% since the emergence of COVID.)
“We have been watching a clear shift in buyer sentiment toward the purchase of a home alongside a golf membership over the past several months,” says Jason Becker, CEO of Golf Life Navigators. “Buyers are seeking the ultimate lifestyle. The golf course and the home are simply factors that will lead them to a decision of where to find that lifestyle.”
Recent inventory levels in saturated golf markets like Southwest Florida are seeing historically low levels of supply. In a recent report, new sales are up 48% since January 2020. However, inventory levels are 48% lower – compared to January of 2020.
“For golf centric real estate agents, it has been a challenging time to help assist their buyers in finding that perfect golf community home with such low levels of product,” says Doug Treadwell, Managing Broker for Golf Life Properties. “Like times in the past, we will eventually have a balance of supply and demand. We anticipate a very active marketplace for the next 12-18 months.”
To request a specific Golf Life Navigators buying trends report for your marketplace, please email Dylan Smith at Dylan@golflifenavigators.com
