More Than Just a Game | The Effect of Golf On the Arizona Real Estate Market

Sourced By: Iconic Life 

Silverleaf’s realtors discuss the rising demand golf has brought to the Scottsdale real estate market and how it blossomed into the popular sport it is today. 

When publisher of ICONIC Life, Renee Dee sat down with three of Silverleaf’s real estate superstars, Andrew Beardsley, Jen Boynton and Connor Sabanosh there were many intriguing topics up for discussion around the Scottsdale real estate market and its climate. It’s no secret that Arizona has seen massive growth through the years, this brings with it not only an increasing population, but also a competitive real estate market. One unexpected factor that affects the speed and price of the sale of Arizona real estate is the popular sport, golf. 

COVID-19 sparked a boom in golf. With strict social distancing regulations, many sports halted. Golf was one of the only sports that could still be played during the lockdown. Naturally, this led to people taking on the game to get out of the house and pass time. The love for the sport didn’t calm down post COVID, according to Forbes, in 2022, there were more rounds of golf played in the U.S. than there have ever been in history. 

Along with the hot Arizona real estate market, the demand for golf memberships and properties within golf communities has become more and more valuable as the once niche sport has grown into something everyone loves and wants to be a part of. Golf is also gaining popularity with the family demographic, which is another reason we are seeing golf have an effect on Arizona real estate.

“The kids are now out there, it’s not just dads out there,” Boynton says. “Women are out there, there are more women playing than there ever was. It’s really become a family affair.” 

With more women and children partaking in the game, waitlists for golf communities have increased at such a rapid rate, some spanning for years, which is causing issues for real estate agents and the Arizona real estate market.  

READ ON