Without really digging into this graph, you wouldn’t even know we had a global pandemic, civil unrest, and an economic shutdown across multiple industries.
But as you can see, Q4 2020 sales volume far exceeded past performance, and Q1 2021 came in a whopping 45% up from a year prior.
We’ll see what this means for Q2, which accounts for most of the spikes in this graph — at least until 2020.
Now more than ever, working from home, health and fitness, and spending time with friends and family are important factors in many people’s lives. So having a golf course near your home could be a huge personal asset. But what about the impact on your bank account?
As far back as the 1990s, research has suggested that the presence of a golf course increased nearby home values by 7.6%. More recent studies indicate that the value decreases significantly as the distance between the home and the golf course increases.
So it’s safe to assume that the presence of a golf course in a residential community is a net benefit to property value in addition to adding to the luxury of a home or neighborhood. However, this nice amenity also comes with a cost for upkeep!
We're very excited to announce that Compass is officially listed on the New York Stock Exchange! What does this IPO (initial public offering) mean for us? It provides additional resources to invest in amplifying our global brand recognition and provides even more transparency into the strength of our business.
One thing’s for sure: a single family home with a pool has more value during a global pandemic!
Read MoreIt might seem counterintuitive with many of us spending a lot more time at home, but sales volume and median prices have both increased across the Bay Area during the ongoing pandemic. Just take a look at the numbers...
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