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Oops It's Still Winter

Oops It's Still Winter

Mar 15, 2017 | Posted by | Uncategorized |
I don’t know, I’m easily confused in my old age, but around Lake Keowee when your Dogwood trees are blooming and they have snow on them does that mean spring or winter? Either way it’s currently cold and the blooms are popping out everywhere. Don’t get me started on the azaleas, let’s just put it this way; the folks at the Masters have their work cut out for them.
 

I’d like to say, “Enough about the weather already!” but I think it important as we look at the current state of the Lake Keowee real estate market. It’s just a lot more exciting looking at Lake Keowee real estate when it in the 60’s than it is when it’s in the 40’s and the numbers thus far have born that out. When you look at Lake Keowee waterfront lot sales to date year over year the number of units sold in 2016 as of March 1 was 14 in 2017 it’s 27. Quite a change. Houses are only slightly better with 19 Lake Keowee waterfront homes sold vs. 18 in 2016 through March 1st. A lot of that has to do with the inventory, as well since the number of houses on Lake Keowee available in the $350,000 to $600,000 has dropped dramatically making lots more enticing.  These are all around good healthy market signs. With lots, we’re not there yet, but we are certainly seeing marked improvement. With houses up to $600K we’re there, at least for the moment. 
So you lot buyers, come out and take advantage as the Lake Keowee waterfront lot market is still saturated, especially with the upcoming liquidation sales. Now is the time to get a great deal. House buyers, there is still inventory, but prices will start going up!

Click here to see the numbers of homes & lots sold Since January 1st 2017
Click here to see the absorption rate of homes and lot on Lake Keowee

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