Midyear Property Report 2024

JANUARY – JUNE AT A GLANCE

55 HOME TRANSACTIONS

$114,802,862 HOME VOLUME

103 HOMESITE TRANSACTIONS

$37,477,147 HOMESITE VOLUME

158 TOTAL TRANSACTIONS $152,280,009 TOTAL VOLUME

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

In the first half of 2024, The Cliffs has closed a total of 158 transactions, generating a sales volume of $152,280,009 by all real estate firms operating within our gates. Cliffs Realty played a significant role, closing 93 transactions and achieving a sales volume of $91,432,612, which represents a 59% market share. Additionally, Cliffs Realty has 38 pending sales totaling $52,623,500.

Notable highlights include the release of Cove Park at Walnut Cove, a built-for-sale neighborhood by Cliffs Builders, Canebrake at Keowee Falls, a new collection of lakefront homesites, and Cherokee Rose at Mountain Park, expansive mountain-view homesites. New amenities at The Cliffs include a new restaurant concept, Simmer ‘71 at The Lakehouse located in Keowee Vineyards, the Golf Learning Center at Keowee Springs, and the newly announced Sports Pavilion at Mountain Park that will include a pool, dining, racquet courts, and a dog park.

CLIFFS REALTY

NOTE FROM DIRECTOR OF SALES

Thank you to the many members and guests who I have met over the past two months as I have begun my journey here at The Cliffs and Cliffs Realty. If we haven’t met, I hope our paths cross soon. As a Greenville native, I am happy to be back home as I have been working in many locations across the country, including Park City, Utah; Lake Tahoe, CA; and Cabo San Lucas, MX. It is nice to be back in the Blue Ridge Mountains, working at one of the best clubs in the United States.

I’m most excited to be working with a great group of sales executives who have been selling The Cliffs for many years. As the Official Brokerage of The Cliffs, Cliffs Realty continues to increase market share throughout our seven communities and is thrilled to have added three new neighborhood releases and 98 new property listings to our inventory so far this year. We are also excited to announce two new staff members joining our team as well. Frank Nix has transitioned from assistant golf pro at Keowee Falls to Sales Associate at our Asheville sales office. Savannah Shaw has transitioned from Walnut Cove member services to Office Manager at our Asheville sales office. We are thrilled to welcome two veteran staff members from The Cliffs into our offices.

Another perk for our members and prospective members is Cliffs Property Management, our member to member home rental program. This program continues to grow, and we invite you to learn more about renting one of our homes or placing your home into the program while you are not using it.

The Cliffs have seen tremendous sales since 2020 and while our numbers remain strong, we are beginning to see pre-pandemic sales levels. Property prices, however, are increasing even though transactions have slowed.

Our team at Cliffs Realty looks forward to helping you find your next property here at The Cliffs. Please don’t hesitate to call or stop by one of our four offices to learn more.

Warm regards,