Lake Keowee, just north of Seneca, South Carolina, still reigns as one of the most premier lakes in the Southeast. People ask, what is the difference between Lake Keowee and Lake Hartwell? As you may know, Lake Keowee is not as big as Hartwell, but many Keowee home owners find that there’s a different culture, a different look, a different price, and a big difference in the way it’s managed. Lake Keowee is managed by Duke Energy. Rick Spruill, wrote a good article in the Anderson Independent-Mail on December 27, 2008, Keowee and Hartwell: Drought brings differences to the surface. Rick does a great job in explaining how each lake is managed. As for me, I love both lakes ….. cause I’m a lake guy.
 
Here are some statistics on Lake Keowee waterfront Real Estate activity for 2008 (Based on information from the Western Upstate MLS for the period January 1, 2008 through December 31, 2008, and does not include FSBO and non SC Upstate MLS listed properties):
 
LAKE KEOWEE
 
Waterfront Homes Sold (excludes Condos & Townhouses) – 59
            Average Days on the Market – 167
            Average List Price - $988,266
            Average Sale Price - $903,778
            Sale vs List Price – 91.5%
            Active Listings – 139
            Pending Listings - 10
 
Waterfront Lots Sold – 46
            Average Days on the Market - 229
            Average List Price - $501,655
            Average Sales Price - $473,001
            Sale vs List Price – 94.3%
            Active Listings – 346
            Pending Listings – 3
 
Please click on the link below for a list of the actual sales that were included in this report or email me at sayjay@bellsouth.net .
 
Lake Keowee Waterfront Home Sales
 
Lake Keowee Waterfront Lot Sales
 
I’d be interested in your comments as to how these statistics compare to what your expectations were and what you would assume they would be.
 
By Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 864-287-7530, www.SayJayLakeandHome.com