Keowee Life Market Report 3rd Quarter 2025

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It’s the Time of Year to “Fall” in Love with Lake Life Again!

Lake Keowee in the Upstate of South Carolina is the Lake Tahoe of the Southeast. Lake Keowee is beautiful because of the dedicated people that care about it including Friends of Lake Keowee Society (FOLKS) and Advocates for Quality Development (AQD). We report on the four categories of Lake Keowee properties: Waterfront homes, off water homes, also referred to as “interior” homes, waterfront homesites and off water homesites. Closed sales prices for homes and lots are interesting!

With over three hundred miles of shoreline and 26.1 miles long, you have selected or will choose the neighborhood that meets your lifestyle wants and needs. You will find full golf course memberships to neighborhoods with a clubhouse, pool, tennis-pickleball, boat slips, and trails to neighborhoods with no amenities at all. Some neighborhoods allow for short term rentals while others do not. The golf course communities are presented separately along with non-golf course that we aggregate as “OTHER” Lake Keowee properties. We always embed our four Excel spreadsheets for Waterfront Homes, Interior/off water Homes, Waterfront Homesites, and Interior/off water homesites in our electronic market report. Each one has tabs at the bottom that you can click on to provide details on each sale closed this yearto-date, pending sales, and active listings. Below is a quick summary and we invite you to read the rest.

Waterfront home prices rose +9.39%; sales volume up +7.30%. 147 homes were closed.

Interior/off water homes prices decreased -5.06%; sales volume up +21.49%. 147 homes were closed.

Waterfront Lot/Homesites: Prices rose +7.11%; volume was unchanged. 74 homesites were closed.

Interior/Off water Lots/Homesites: Prices dropped -13.59%; volume/units dropped by -33.33%. 84 homesites closed.

Our purpose for our Lake Keowee Market Report is to share the numbers. We have been doing this since 2005 using the data that we download from our Western Upstate Multiple Listing Service. We sell Lake Keowee, Lake Hartwell, our mountain and mountain lakes, and surrounding communities.

With over 21 years of selling Lake Keowee, we invite you to put your trust in us.

WATERFRONT HOME SALES OVERVIEW

January 1 - September 30, 2025

$298,101,650 TOTAL WATERFRONT HOME SALES

147 HOMES SOLD +7.30% Volume Change From 2024

SALE TO ASK PRICE

$2,150,781

Avg. Asking Price

$2,027,902 AVG. SALE PRICE

More Homes Closed Than 2024

INTERIOR HOME SALES OVERVIEW

January 1 - September 30, 2025

$109,951,874

TOTAL INTERIOR HOME SALES

147 HOMES SOLD

Volume Change From 2024

SALE TO ASK PRICE

$772,849

Avg. Asking Price

$747,972 AVG. SALE PRICE

Price Change From 2024 97 AVG DAYS ON MARKET

More Homes Closed Than 2024

WATERFRONT HOMES

January 1 - September 30, 2025

THE CLIFFS AT LAKE KEOWEE

$68,317,000 $57,208,000

18 HOME SALES

$3,795,389

Average Sale Price 12.24% MARKET SHARE +23.69% Price Change 8 PENDING SALES

$4,329,752 Average Pending Price

17 ACTIVE HOMES

$4,520,920 Average Asking Price

KEOWEE KEY

THE RESERVE AT LAKE KEOWEE 12

1 PENDING SALES

$4,767,333

$2,999,000 Average Pending Price

15 ACTIVE HOMES

$4,030,516 Average Asking Price

$21,089,879 $151,486,771

17 HOME SALES

$1,240,581

Average Sale Price 11.56% MARKET SHARE +.30% Price Change 6 PENDING SALES

$1,219,900 Average Pending Price 5 ACTIVE HOMES

$1,078,760 Average Asking Price OTHER WATERFRONT HOMES

100

$1,514,868

16 PENDING SALES

$1,582,348 Average Pending Price

39 ACTIVE HOMES

$1,798,438 Average Asking Price

INTERIOR HOMES

January 1 - September 30, 2025

THE CLIFFS AT LAKE KEOWEE

15

THE RESERVE AT LAKE KEOWEE

$22,895,069 $14,389,685

9 HOME SALES

2 PENDING SALES

$1,526,338

$2,278,009

Average Asking Price

KEOWEE KEY

$1,598,854

$1,550,000 Average Pending Price

15 ACTIVE HOMES

$1,791,449 Average Asking Price

OTHER INTERIOR HOMES

$29,669,100 $42,998,020

58 HOME SALES

$511,536

Average Sale Price 39.46% MARKET SHARE +7.14% Price Change 14 PENDING SALES

$523,786 Average Pending Price 21 ACTIVE HOMES

$519,619 Average Asking Price

65 HOME SALES

$661,508 Average Sale Price 44.22% MARKET SHARE +11.26% Price Change

8 PENDING SALES

$621,367 Average Pending Price

22 ACTIVE HOMES

$633,181 Average Asking Price

WATERFRONT LOT SALES OVERVIEW

January 1 - September 30, 2025

$46,918,867

$686,073 Avg. Asking Price

January 1 - September 30, 2025

WATERFRONT LOTS

January 1 - September 30, 2025

THE CLIFFS AT LAKE KEOWEE THE RESERVE AT LAKE KEOWEE

Average Sale Price 27.0% MARKET SHARE +10.87% Price Change 2 PENDING SALES

$1,047,325

$20,946,500 $3,360,000 $489,000 22,123,367

3 LOT SALES

$2,395,000 Average Pending Price 17 ACTIVE LOTS

$2,006,102 Average Asking Price 4 LOT SALES

$840,000 Average Sale Price 5.4% MARKET SHARE -30.75% Price Change

1 PENDING SALES

$525,000 Average Pending Price

7 ACTIVE LOTS

$163,000 Average Sale Price 4.1% MARKET SHARE -7.77% Price Change OTHER WATERFRONT LOTS 47 LOT SALES

$470,710 Average Sale Price 63.5% MARKET SHARE +45.84% Price Change 20 LOT SALES

5 PENDING SALES

$800,560 Average Pending Price

$1,484,143 Average Asking Price KEOWEE KEY 0 PENDING SALES 0 Average Pending Price 2 ACTIVE LOTS

$209,950 Average Asking Price

35 ACTIVE LOTS

$827,699 Average Asking Price

INTERIOR LOTS

January 1 - September 30, 2025

THE CLIFFS AT LAKE KEOWEE

26 LOT SALES

$140,323 Average Sale Price 31% MARKET SHARE

4 PENDING SALES

$165,750 Average Pending Price 43

$200,149 Average Asking Price

KEOWEE KEY

THE RESERVE AT LAKE KEOWEE

$3,648,400 $487,000 $591,999 $4,317,600

9 LOT SALES

6 LOT SALES

$81,167

1 PENDING SALES

$52,000 Average Pending Price

10 ACTIVE LOTS

$184,037 Average Asking Price

OTHER INTERIOR LOTS

43 LOT SALES

5 PENDING SALES

$137,760 Average Pending Price 38

$222,854 Average Asking Price

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