Oakmont, Medinah No. 3, & More

Hey folks,

There were some high-profile clubs that closed Monday night for some incredible value as we had sixteen of twenty two courses sell for below their averages. Chicago Golf Club went twice, at $3,000 and $2,666 a player, against an average of $4,967 across five prior sales. Sleepy Hollow tells a similar story as its two threesomes sold for $1,083 per player. Funny enough, just 6 days prior, we saw a threesome fetch $3,400 a player, its strongest result on record since 2022. This week is anything but quiet as there's fifty-two lots headlined by Oakmont and Chicago Golf, and thirty-one of them are courses we have never seen sell before.

The Tape

Current Bid and Course Average show the whole-lot total with the per-golfer figure beneath.

Featured — nationally & state-ranked courses

The rest of the board

Course Spotlight

Balsam Mountain Preserve (BAPR)

Balsam Mountain Preserve sits inside roughly 4,400 acres in the mountains of western North Carolina, and close to three quarters of that ground is held under a permanent conservation easement. The golf is the small part of it. Arnold Palmer and Ed Seay routed 6,824 yards at a par of 70 through the folds of the property in 2007, about forty minutes west of Asheville, with the practice ground sitting near 4,500 feet. The club likes to say it has no signature hole, just eighteen of them.

The lot is a round for four with carts, currently at $1,200, and it closes Thursday. We have never tracked a sale here, so there is nothing to measure it against.

Results

How last week’s board landed. Above / below average compares what this sale fetched per player with the course’s average per player BEFORE it — so the baseline never includes the sale being measured.