2022 AT A GLANCE
393 TOTAL TRANSACTIONS
$410,666,182
25% Increase AVERAGE
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%.
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.
COMMUNITY WIDE SALES BY PROPERTY
THE CLIFFS P roperty Report END OF YEAR 2022
HOME
PRICE from 2021
PURCHASE
TOTAL
AVERAGE HOMESITE PURCHASE PRICE from 2021 1 30 60 90 120 Glassy Mountain Park Valley Keowee Falls Keowee Springs Keowee Vineyards Walnut Cove
VOLUME 16% Increase
*Numbers reflect all sales throughout The Cliffs seven communities by all real estate firms based on sales recorded in the MLS.
$1M $30M $60M $90M $120M Glassy Mountain Park Valley Keowee Falls Keowee Springs Keowee Vineyards Walnut Cove Closed Volume 2022 2021 Total Transactions 2022 2021 91 55 43 42 83 53 113 62 76 66 65 38 114 77 $45 $54 $28 $24 $53 $38 $54 $66 $79 $73 $55 $121 $38 $118
CLIFFS REALTY
Of the total properties sold within The Cliffs in 2022, Cliffs Realty is excited to announce that their firm was involved in 246 total sales and 63% of all transactions. This reflects a total volume dollar of $233,778,152, representing 57% of the total volume sold. With limited inventory, overall home and homesite prices increased throughout all of our communities. Last year, properties sold within The Cliffs saw a 16% increase in the average price of homesites closed and a 25% increase in the price of homes sold within our gates. Cliffs Realty’s average sale prices saw an even larger increase, with an average homesite selling 25% higher in 2022 and homes selling 69% higher than the year prior.
2022 At A Glance - Cliffs Realty
$1.824M $299k
New Developer Releases
Type of Sale
Competitive Analysis
Resale Homesite - 114 Resale Home - 72 Company Homesite - 31 Company Home - 29 2022
46.34% 11.79% 29.27% 12.6% 2022
Sale of Home or Homesite by Selling Company Cliffs Realty Brokerage A Brokerage B Brokerage C 05 0 100 150 200 48 32 8 199 TOTAL TRANSACTIONS TOTAL VOLUME AVERAGE HOME PURCHASE PRICE* AVERAGE HOMESITE PURCHASE PRICE*
*For Properties Listed with Cliffs Realty Increase of 69% from 2021 Increase of 25% from 2021 246
THE LANDING AT KEOWEE SPRINGS WATERSCAPE AT THE LANDING A Cliffs Builder Neighborhood 19 homesites | 3 floor plans CLUBHOUSE VILLAG E AT KEOWEE SPRINGS A Cliffs Builder Neighborhood 29 homesites | 7 floor plans H ARBOR COVE AT KEOWEE FALLS Homesite Release 23 homesites | 1+ acres The Cliffs Property Report Homesite Release 27 homesites | 0.7 - 3 acres
$233,778,152
2022
CLIFFS REALTY REGIONAL UPDATES 2022 2021 $313,950* 1832 Bella Vista Court $3,995,000 | The Cliffs at Walnut Cove 614 Walnut Valley Parkway $2,950,000 | The Cliffs at Walnut Cove Average Resale Home Prices $1,713,224 NA The ASHEVILLE REGION $46.1M IN SALES VOLUME Increase of 230% from 2021 38 TRANSACTIONS Increase of 81% from 2021 TOP 2022 SALES 2022 2021 $595,950 $6,267,809 | The Cliffs at Keowee Springs Most expensive home sold at Lake Keowee 126 Waterfern Court $6,237,500 | The Cliffs at Keowee Springs $105.6M IN SALES VOLUME 105 TRANSACTIONS TOP 2022 SALES $322,310 $275,023 $2,860,312 $1,823,917 2022 2021 2022 2021 The LAKE REGION 15 Hidden Mountain Way $4,625,000 | The Cliffs Valley Most expensive home sold in The Mountain Region 120 Stone Crop Drive $3,500,000 | The Cliffs at Glassy $81.9M IN SALES VOLUME 103 TRANSACTIONS TOP 2022 SALES 2022 2021 2022 2021 $1,472,190 $943,691 $202,888 $171,727 The MOUNTAIN REGION Average Resale Homesite Prices Average Resale Home Prices Average Resale Homesite Prices Average Resale Home Prices Average Resale Homesite Prices 2022
THE OFFICIAL BROKERAGE OF THE CLIFFS
ASHEVILLE REGION 1908 Brevard Road Arden, NC 28704 828.595.8311
LAKE REGION 3430 Walhalla Highway Six Mile, SC 29682 864.660.8401
MOUNTAIN REGION 635 Garden Market Drive Travelers Rest, SC 29690 864.660.8422
Obtain the Property Report required by federal law and read it before signing anything. No federal agency has judged the merits or value, if any, of this property. This is not an offer where registration is required prior to any other offer being made. Void where prohibited by law. In South Carolina, Cliffs Realty Sales SC, LLC, 635 Garden Market Drive, Travelers Rest, SC 29690 and 3430 Walhalla Highway, Six Mile, SC 29682, Lauren Fine Buckland, Broker-in-Charge. In North Carolina, Cliffs Realty Sales NC, LLC, 1908 Brevard Road, Arden, NC 28704, Lauren Fine Buckland, Broker-in-Charge. Copyright: © 2023 Cliffs Land Partners, LLC. All rights reserved.
This is not intended to solicit property currently listed for sale. All figures presented represent current reported data and may be altered for corrections in future reporting. Numbers reflected by Western Upstate MLS, Greater Greenville MLS, and Canopy MLS, plus additional Cliffs Realty sales that are not recorded in the local MLS.
Tim Enterkin LAKE REGION
Chris Shelnut LAKE REGION
Vince Roser ASHEVILLE REGION
Shaun Collyer ASHEVILLE REGION
Lauren Buckland BROKER-IN-CHARGE
Justin Coleman LAKE REGION
Matt Hendrix LAKE REGION
Zack Thomas LAKE REGION
Scott Reid LAKE REGION
Ashleigh Connel MOUNTAIN REGION
Garry Patton MOUNTAIN REGION
Jon Skillman MOUNTAIN REGION
JoAnn Roser MOUNTAIN REGION
