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The Cliffs Property Report | Q1 2025

Page 1

T H E CLI FFS

Property Report FIRST QUARTER 2025

In the first quarter of 2025, real estate activity across The Cliffs continued its steady growth, with 64 properties sold across our seven communities—just one more than the same period last year. Despite that minimal increase in total transactions, overall volume soared to $71,493,501 from all brokerages operating within our gates, marking an 81% year-over-year increase. Home sales were a key driver, with 30 closings representing a 76% increase from Q1 2024. Total home sales volume reached $61.3 million—up 150%—and the average home sale price rose to $2 million, a 42% increase year-over-year. Cliffs Realty, the Official Brokerage of The Cliffs, handled 43 of the total transactions, generating $54,900,500 in volume—105% higher than the same quarter last year.

FIRST QUARTER AT A GLANCE *

$2,044,200

30

$61,326,000 HOME VOLUME

AVERAGE HOME SALE PRICE

76% increase from 2024

150% increase from 2024

42% increase from 2024

34

$10,167,501

HOME TRANSACTIONS

HOMESITE TRANSACTIONS

64 TOTAL TRANSACTIONS 1% increase from 2024

HOMESITE VOLUME

$299,044

AVERAGE HOMESITE SALE PRICE

$71,493,501 TOTAL VOLUME 81% increase from 2024

COMMUNITY-WIDE SALES BY PROPERTY * CLOSED VOLUME Total Sales

Cliffs Realty Sales

TOTAL TRANSACTIONS Total Sales

Cliffs Realty Sales

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


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