There is No Place like Home, and Lake Keowee is Home!
There was no slowdown in the Lake Keowee home market for the 1st Quarter of 2025. Looking at 2020 through 2025 and you see the ascendance in the average sales price. The Waterfront Home category has exploded! The increase from 2024 to 2025 was 77.05% from $1,463,150 to $2,590,575. The median sales price for waterfront homes was $1,950,000. The median days on the market were 54 compared to the average days on the market of 82. The number of homes closed yearover-year was down by -9 homes or -27.27%. Leading the way are The Reserve@Lake Keowee homes.
WATERFRONT HOME SALES OVERVIEW
January 1 - March 31, 2025 33 HOMES SOLD
$85,488,966
TOTAL WATERFRONT HOME SALES
$2,590,575
The Interior Home category average sold prices increased from 2024 to 2025 by 17.66% from $551,862 to $649,307. The median sales price for interior homes was $550,000. The median days on the market were 62 compared to the average days on the market of 96. The number of homes closed year-over-year was up by 14 homes or +48.28%. The Cliffs Communities and The Reserve@Lake Keowee lead the way in highest sold prices.
INTERIOR HOME SALES OVERVIEW
January 1 - March 31, 2025 43 HOMES SOLD +14% Volume Change From 2024
$27,920,200 TOTAL INTERIOR HOME SALES
$649,307 AVG. SALE PRICE +17.66% Price Change From 2024 94
$2,793,160
Avg. Asking Price
Fewer Homes Closed Than 2024
SALE TO ASK PRICE
$671,997
Avg. Asking Price
More Homes Closed Than 2024
WATERFRONT HOMES
January 1 - March 31, 2025
$16,630,000 $34,378,000
$3,326,000
$5,729,667
$3,955,685 Average Pending Price 11
$4,532,272 Average Asking Price KEOWEE KEY 2
$2,650,200 $30,825,766
$1,325,100
$1,284,528 Average Asking Price
INTERIOR HOMES
January 1 - March 31, 2025
THE CLIFFS AT LAKE KEOWEE
3
$1,626,667
KEOWEE KEY 25 HOME SALES
$529,664 Average Sale Price
$584,114
LAKE KEOWEE
3 PENDING SALES
$2,198,333 Average Pending Price
9
$2,105,638 Average Asking Price
HOMES
10 PENDING SALES
$706,850 Average Pending Price 36
HOMES
$598,252 Average Asking Price
Lake Keowee Waterfront Homesites and Interior Homesites are still very popular with many folks opting to build. The inventory is low as there are 49 waterfront homes sites available for sale. The average sold price was $579,355 up from $513,386, an increase of 12.85%. The number of properties closed was up 27.78% from 18 to 23 properties. The median sales price was $405,000
WATERFRONT LOT SALES OVERVIEW
January 1 - March 31, 2025
$13,325,167
TOTAL WATERFRONT LOT SALES
23
$579,355
and median days on market of 195 compared to average days on market of 295. Interior/off-water homesites average sales price increased by 15.44% to $107,520. The closed volume was down by -28% from 32 lots to 25 lots closed. The median sales price was $75,000. Median days on market were 130 compared to 274 average days on market.
INTERIOR LOT SALES OVERVIEW
January 1 - March 31, 2025
$2,687,999 TOTAL INTERIOR LOT SALES
25
TO ASK PRICE
$623,574
Avg. Asking Price
More Lots Closed Than 2024
$119,192
Avg. Asking Price
Fewer Lots Closed Than 2024
WATERFRONT LOTS
January 1 - March 31, 2025
THE CLIFFS AT LAKE KEOWEE
2 LOT SALES
$997,500 Average Sale Price 8.70% MARKET SHARE
Volume Change over 2024 1 PENDING SALES
$1,300,000 Average Pending Price 21 ACTIVE LOTS
$1,227,755 Average Asking Price
KEOWEE KEY
THE RESERVE AT LAKE KEOWEE
$1,995,000 $2,600,000 $150,000 $8,580,167
1 LOT SALES
$150,000 Average Sale Price 4.35% MARKET SHARE +1 Volume Change from 2024 0 PENDING SALES
$0 Average Pending Price 1 ACTIVE LOTS
$125,000 Average Asking Price
2 LOT SALES
$1,300,000 Average Sale Price 8.70% MARKET SHARE
Volume Change from 2024
3 PENDING SALES
$640,667 Average Pending Price
6 ACTIVE LOTS
$1,270,000 Average Asking Price
OTHER WATERFRONT LOTS
18 LOT SALES
$476,676 Average Sale Price 78.26% MARKET SHARE +8 Volume Change from 2024
10 PENDING SALES
$438,870 Average Pending Price
21 ACTIVE LOTS
$650,665 Average Asking Price
INTERIOR LOTS
January 1 - March 31, 2025
THE CLIFFS AT LAKE KEOWEE
7
KEY
THE RESERVE AT LAKE KEOWEE
$170,000 Average Pending Price
9 ACTIVE LOTS
$102,222 Average Asking Price
INTERIOR LOTS
$118,482
$300,882 Average Asking Price
