THE CLIFFS
Property Report END OF YEAR 2022
The Cliffs is excited to announce another impressive year in real estate sales with 393 properties sold totaling $410,666,182 in volume. Although a slight decrease from last year’s record breaking sales, property values increased in 2022 for both homes and homesites sold at The Cliffs. The average price for homes sold increased by 25% from 2021 and homesites sold increased by 16%.
2022 AT A GLANCE 393
TOTAL TRANSACTIONS
$410,666,182
In 2022, we were proud to continue our improvements of our amenities at The Cliffs. Renovations and updates were completed at The Tavern at Walnut Cove, Keowee Falls Clubhouse, and Valley Clubhouse. The Cabin at Mountain Park reopened in May 2022 welcoming members to a larger dining room and golf shop plus a private dining room and provided our team with a larger kitchen and office space. We strive to continue to not only update facilities but invest in our staff and create programs to elevate our members’ experience. This includes our Property Management program launched in 2022 that allows members to rent homes in other communities and also provides a way for secondary homeowners to earn income when they are away from their home at The Cliffs. Progress at The Cliffs won’t slow down in 2023 as we plan to reopen the newly remodeled Keowee Vineyards Clubhouse and look forward to the grand openings of The Lake Club at The Landing and the Keowee Springs Clubhouse.
TOTAL VOLUME
25% Increase AVERAGE HOME PURCHASE PRICE from 2021
16% Increase
AVERAGE HOMESITE PURCHASE PRICE from 2021 *Numbers reflect all sales throughout The Cliffs seven communities by all real estate firms based on sales recorded in the MLS.
C OM M UNITY W I DE SA LES BY P ROP ERT Y Closed Volume 2021
Total Transactions
2022
$121 $118
$120M $90M $66 $60M
$54 $45
$30M $1M
Glassy
Mountain Park
120 90
$73 $55
$54
$53 $24 $28
$79
60
113 91
114
83 55
$38
$38
2022
2021
43 42
76 53
62
66
77
65 38
30
Valley
Keowee Falls
Keowee Springs
Keowee Vineyards
Walnut Cove
1
Glassy
Mountain Park
Valley
Keowee Falls
Keowee Springs
Keowee Vineyards
Walnut Cove