Lake Keowee Market Report: The Cason Group

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LAKE
KEOWEE MARKET REPORT MARCH 31, 2023 The Cason Group Keller Williams-Seneca Keowee North Committed to Exceeding Expectations. That is Who we Are!

Headline Summing Up The Content Below

There is nothing new under the Sun! The Lake Keowee market continues to have few homes available for home buyers!

Just look at the availability of homes in the Lake Keowee market. It is easy to see that the limited inventory is fueling multiple bids on the homes that are listed. The multiple-listing service gets the word out to active buyers and buyers react very quickly. Homesites/lots are experiencing the very same thing – many buyers for fewer available properties. We invite you to read this very informative newsletter and click on the that the limited inventory is fueling mul-

WATERFRONT HOME SALES OVERVIEW

January 1 - March 31, 2023

$233,383,068 TOTAL WATERFRONT HOME SALES

186 HOMES SOLD

-39.25% Volume Decrease From 2022

97.1% SALE TO ASK PRICE

$1,292,849

Avg. Asking Price

$1,254,748

tiple bids on the homes that are listed. The multiple-listing service gets the word out to active buyers and buyers react very quickly. Homesites/lots are experiencing the very same thing – many buyers for fewer available properties. We invite you to read this very informative newsletter and click on the Let’s talk about how we can help you sell or buy your Lake Keowee home! gets the word out to active buyers and buyers react very quickly. Homesites/lots are experiencing the very same thing – many buyers for fewer available.

Fewer

INTERIOR HOME SALES OVERVIEW

January 1 - March 31, 2023

$81,457,196

TOTAL INTERIOR HOME SALES

165 HOMES SOLD -6.67% Volume Decrease From 2022

97.5% SALE TO ASK PRICE

$506,082 Avg. Asking Price

$493,680 AVG. SALE PRICE

29.30% Increase Over 2022 65 AVG DAYS ON MARKET -11

Fewer Homes Closed Than 2022

Increase
2022 63 AVG DAYS ON MARKET -73
AVG. SALE PRICE 22.84% Price
Over
Homes Closed Than 2022
THE CASON GROUP 864-903-1234 wesellkeowee.com Patti & Gary Cason Melissa & Corey Custer 864-903-1234 864-608-2511
WATERFRONT HOMES January 1 - March 31, 2023 THE CLIFFS AT LAKE KEOWEE 18 HOME SALES $2,288,612 Average Sale Price 9.68% MARKET SHARE 5 PENDING SALES $2,977,800 Average Pending Price 6 ACTIVE HOMES $4,855,667 Average Asking Price THE RESERVE AT LAKE KEOWEE 17 HOME SALES $2,618,118 Average Sale Price 9.14% MARKET SHARE 0 PENDING SALES NA Average Pending Price 4 ACTIVE HOMES $3,257,500 Average Asking Price KEOWEE KEY 31 HOME SALES $747,387 Average Sale Price 16.67% MARKET SHARE 5 PENDING SALES $728,180 Average Pending Price 2 ACTIVE HOMES $1,074,500 Average Asking Price OTHER WATERFRONT HOMES 120 HOME SALES $1,037,592 Average Sale Price 64.52% MARKET SHARE 23 PENDING SALES $1,003,081 Average Pending Price 12 ACTIVE HOMES $1,375,058 Average Asking Price Lake Keowee Waterfront Homes: Closed Avg. Sale Price Avg. Ask Price % of Final Ask Price Avg. DOM Count WF Homes Closed YTD as of 03-31-231,254,7481,292,84997.1%63186 WF Homes Closed YTD as of 03-31-221,021,4561,054,55595.9%123259 WF Homes Closed YTD as of 03-31-21833,978874,64795.4% 132 164 Download our Detailed Waterfront Home Spreadsheets
INTERIOR HOMES January 1 - March 31, 2023 THE CLIFFS AT LAKE KEOWEE 16 HOME SALES $959,575 Average Sale Price 9.70% MARKET SHARE 2 PENDING SALES $1,187,000 Average Pending Price 1 ACTIVE HOMES $1,199,000 Average Asking Price THE RESERVE AT LAKE KEOWEE 13 HOME SALES $1,002,919 Average Sale Price 7.88% MARKET SHARE 4 PENDING SALES $1,038,500 Average Pending Price 5 ACTIVE HOMES $1,125,277 Average Asking Price KEOWEE KEY 76 HOME SALES $361,264 Average Sale Price 36.36% MARKET SHARE 10 PENDING SALES $394,690 Average Pending Price 4 ACTIVE HOMES $560,750 Average Asking Price OTHER INTERIOR HOMES 60 HOME SALES $426,833 Average Sale Price 36.36% MARKET SHARE 19 PENDING SALES $491,435 Average Pending Price 13 ACTIVE HOMES $419,915 Average Asking Price Lake Keowee Interior Lots Homes: Closed Avg. Sale Price Avg. Ask Price % of Final Ask Price Avg. DOM Count Interior Homes Closed YTD as of 03-31-231,254,7481,292,84997.1%63186 Interior Homes Closed YTD as of 03-31-221,021,4561,054,55595.9%123259 Interior Homes Closed YTD as of 03-31-21833,978874,64795.4% 132 164 Download our Detailed Interior Home Spreadsheets
WATERFRONT LOT SALES OVERVIEW January 1 - March 31, 2023 255 LOTS SOLD 31.44% Volume Increase From 2020 95% SALE TO ASK PRICE $363,347 Avg. Asking Price $88,034,550 TOTAL WATERFRONT LOT SALES $345,234 AVG. SALE PRICE 30.30% Price Increase Over 2020 244 AVG DAYS ON MARKET 61 More Lots Closed Than 2020 INTERIOR LOT SALES OVERVIEW January 1 - March 31, 2023 179 LOTS SOLD 42.06% Volume Increase From 2020 89.7% SALE TO ASK PRICE $62,962 Avg. Asking Price $10,109,156 TOTAL INTERIOR LOT SALES $56,476 AVG. SALE PRICE 42.38% Price Increase Over 2020 273 AVG DAYS ON MARKET 53 More Lots Closed Than 2020 6 Tide Turn $419,000 Keowee Key 2 Bedroom/2 Bath 119 RAM CAT ALLEY, SENECA, SC 29678 WWW.VANGELISBISTRO.COM • 864.973.8887 Elevate the Everyday. Come experience big city dining in a small town with our warm, welcoming ambiance, creative, fresh cuisine, and attentive service. Mention this ad and receive a FREE DESSERT with purchase of entree - per guest! Book a reservation at www.vangelisbistro.com and view our most up-to-date menu via the QR code. MULTIPLESOLD!OFFERS MULTIPLESOLD!OFFERS NEW LISTING! NEW LISTING!
WATERFRONT LOTS January 1 - March 31, 2023 THE CLIFFS AT LAKE KEOWEE 60 LOT SALES $455,373 Average Sale Price 23.53% MARKET SHARE 13 PENDING SALES $472,498 Average Pending Price 15 ACTIVE LOTS $504,837 Average Asking Price THE RESERVE AT LAKE KEOWEE 34 LOT SALES $507,735 Average Sale Price 13.33% MARKET SHARE 5 PENDING SALES $573,917 Average Pending Price 21 ACTIVE LOTS $551,557 Average Asking Price KEOWEE KEY 9 LOT SALES $157,100 Average Sale Price 3.53.% MARKET SHARE 1 PENDING SALES $340,000 Average Pending Price 1 ACTIVE LOTS $89,000 Average Asking Price OTHER WATERFRONT LOTS 152 LOT SALES $276,548 Average Sale Price 59.61% MARKET SHARE 17 PENDING SALES $243,929 Average Pending Price 63 ACTIVE LOTS $248,162 Average Asking Price Lake Keowee Waterfront Lots: Closed Avg. Sale Price Avg. Ask Price % of Final Ask Price Avg. DOM Count Waterfront Lots Closed YTD as of 03-31-231,254,7481,292,84997.1%63186 Waterfront Lots Closed YTD as of 03-31-221,021,4561,054,55595.9%123259 Waterfront Lots Closed YTD as of 03-31-21833,978874,64795.4% 132 164 Download our Detailed Waterfront Lot Spreadsheets
INTERIOR LOTS January 1 - March 31, 2023 THE CLIFFS AT LAKE KEOWEE 42 LOT SALES $73,918 Average Sale Price 23.46% MARKET SHARE 9 PENDING SALES $172,087 Average Pending Price 29 ACTIVE LOTS $121,788 Average Asking Price THE RESERVE AT LAKE KEOWEE 12 LOT SALES $63,958 Average Sale Price 6.70% MARKET SHARE 2 PENDING SALES $89,000 Average Pending Price 24 ACTIVE LOTS $78,708 Average Asking Price KEOWEE KEY 30 LOT SALES $16,025 Average Sale Price 53.07% MARKET SHARE 2 PENDING SALES $22,750 Average Pending Price 29 ACTIVE LOTS $20,465 Average Asking Price OTHER INTERIOR LOTS 95 LOT SALES $60,593 Average Sale Price 53.07% MARKET SHARE 24 PENDING SALES $50,763 Average Pending Price 124 ACTIVE LOTS $57,616 Average Asking Price Lake Keowee Interior Lots: Closed Avg. Sale Price Avg. Ask Price % of Final Ask Price Avg. DOM Count Interior Lots Closed YTD as of 03-31-231,254,7481,292,84997.1%63186 Interior Lots Closed YTD as of 03-31-221,021,4561,054,55595.9%123259 Interior Lots Closed YTD as of 03-31-21833,978874,64795.4% 132 164 Download our Detailed Interior Lot Spreadsheets
The Cason Group Patti & Gary Cason Melissa & Corey Custer 864-903-1234 864-608-2511

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