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Greenville Business Magazine

Second quarter brings growth at The Cliffs

Aug 01, 2019 03:57PM

The Cliffs announced today that real estate sales by Cliffs Realty and Walnut Cove Realty totaled $58,775,751 in the first half of 2019 due to continued success in the second quarter. Since January, Cliffs Realty and Walnut Cove Realty have closed a total of 80 sales at the luxury mountain and lake club communities in Upstate South Carolina and Western North Carolina. 

According to Rob Duckett, president of The Cliffs, “By closing the first half of the year with $59 million in sales, The Cliffs is positioned to celebrate its strongest year in more than a decade. With this upward momentum as well as significant plans in the works for new club amenities, we expect to see continued growth through the end of the year.”

In The Mountain Region, which includes The Cliffs Valley, The Cliffs at Mountain Park, and The Cliffs at Glassy, Cliffs Realty closed 31 properties for a total sales volume of $16,912,450 in the first half of the year, marking a 72.5 percent year-over-year increase in total sales volume from the same period last year.

In The Lake Region, which includes The Cliffs at Keowee Springs, The Cliffs at Keowee Falls, and The Cliffs at Keowee Vineyards, Cliffs Realty closed 14 properties for a total sales volume of $11,292,500 between April 1 and June 30, 2019. This marks a 109.9 percent increase in sales volume compared to Q1 2019 alone.

Walnut Cove Realty in Asheville experienced a significant increase in year-over-year sales for the first half of the year, with 25 properties sold for a total sales volume of $25,191,301, a 69.2 percent year-over-year increase.

The Cliffs also recognizes top sales leaders including Josh Smith in The Asheville Region, who closed $10,083,301 in sales. Justin Coleman led the way in The Lake Region, closing $7,501,500 in sales. In The Mountain Region, Vince Roser was the top performer with $5,205,800 in sales.