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The Cliffs Property Report | Q1 2023

Page 1

THE CLIFFS

Property Report FIRST QUARTER 2023

2023 Q1 CLOSED SALES

Across the seven communities at The Cliffs, 55 properties were closed in the first quarter of 2023. This totals $57,713,650 in volume. Each community saw a similar number of sales as you can see below with the exception of Keowee Springs where The Cliffs is currently building two new amenities and accompanying those with developer land and built-for-sale releases (Clubhouse Village and Waterscape). These new amenities will be opening later this year with The Lake Club at The Landing opening this summer and the Keowee Springs Clubhouse opening this fall. Keowee Vineyards recently welcomed members back to the newly renovated Clubhouse showcasing updated interiors. Along with these new and updated buildings, we are happy to add to our offerings with some new mobile amenities, including The Cliffs Food Truck and the Magnificent Seven, our new party boat that will soon be seen all over Lake Keowee.

25

TOTAL HOME TRANSACTIONS

$45,047,250

TOTAL HOME VOLUME

30

TOTAL HOMESITE TRANSACTIONS

$12,666,400

TOTAL HOMESITE VOLUME

55

Along with the construction of new amenities, many homes are being constructed in all of our communities. There are currently 296 homes under construction: 6 in Glassy, 12 in Valley, 29 in Mountain Park, 62 in Keowee Falls, 94 in Keowee Springs, 13 in Keowee Vineyards, and 80 in Walnut Cove.

TOTAL TRANSACTIONS

$57,713,650 TOTAL VOLUME

*Numbers reflect all sales throughout The Cliffs seven communities by all real estate firms based on sales recorded in the MLS.

C OMMUNITY W IDE C LO SI NG S BY P ROP ERT Y Total Volume Q1

Total Transactions $20.9

Homes

10

10

$20M $14.7

$15M $8

$10M

$2.5

$2.5

Glassy

Mountain Park

5

3

4

5 3 3

2

$1.3 Valley

7

7

$6.5 $5M

Homesites

Keowee Falls

Keowee Springs

Keowee Vineyards

Walnut Cove

5 3 3

3 1

1

Glassy

Mountain Park

Valley

4

Keowee Falls

Keowee Springs

Keowee Vineyards

Walnut Cove


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