Sales Activity for Golf Courses in 2014

“In the first six months of 2014, the Golf Marketplace has been active with over 48 Golf Course Sales including the Private, Semi-Private, and Public Clubs across 23 States with purchase prices ranging from $900,000 to $39,580,000. The average price per acre has ranged from $3,556 in Ohio to $146,052 in New Jersey, the overall price per acre average was $25,232. The average price per hole ranged from $50,000 in Iowa to $2,198,889 in New Jersey, the overall average price per hole was $248,669. In the $1,000,000 to $9,000,000 price range, 41 Golf Course Sales across 21 States averaged $3,228,446 per transaction. Source of information was provided by Golf Course Owners and Operators, Appraisers, Brokers, and Public Records.”

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