Where have all the golfers gone? There are 700 fewer golf facilities in the United States than in 2011. That’s according to the US Golf Community Report. Golf course facilities across the country are shuttering because of an aging demographic. The average golfer is 54, nearing retirement. A much smaller percentage of the younger generations are interested in golf. According to an article in Builder Online the number of people 18 to 30 playing golf has dropped 35% over the last decade.
Despite the drop-off in numbers, there are still 25 million golfers in America representing about 8% of the population. Even in Florida, a mecca of the golfing world, some courses are losing money. But builders and developers aren’t giving up on golf courses just yet.
Today, developers are building communities where golf is great option but not necessarily the centerpiece. Social amenities, walking trails, resort-style pools, fitness facilities—these amenities, plus golf, appeal to a wider range of buyers. A good example right here in St. Lucie is PGA Village. Residents of this 2600-acre community are just a golf cart away from 54 holes of championship golf, Golf membership at PGA Village is optional. Offerings within the PGA Village enclave include PGA Village Verano , PGA Villas and Castle Pines townhomes and condos.
As land for developments becomes scarcer, some developments are purchasing failing courses to make way for new residential housing. According to the article in Builder Magazine, one developer who specializes in repurposing golf courses has either completed or is in the process of completing nine new developments—all form defunct golf courses—in Dade, Broward and Palm Beach Counties.
“In South Florida we’ve grown very land constrained from a home building standpoint, finding large tracts of land that can be developed is difficult so you have this perfect storm with golf courses going through tough economic times” read more.
Thankfully, not all golf courses in the US are in trouble. On Treasure Coast we have dozens of wonderful options for home buyers looking to live in a golf course community or near a great course. Where have all the golfers gone? Many are purchasing homes right here on the Treasure Coast. Contact one of our agents today.Return to the Blog