Savannah Real Estate Market Sinks to Home Sales Bottom

The Savannah market showed continued softness over the last 30 days, extending a three-week trend. Sales fell 28.6% to 10 homes, the lowest amount in three months. During the same time frame, Pooler had the most of any other neighboring municipalities with six sales. The median sales price jumped to $234,400, up from last week's $176,600. A downturn in sales, coupled with the availability of 14 months of inventory, prove that Savannah is a strong buyer's market.

If you have a tight budget for your next home, begin the search with these low-cost listings in Savannah:

$105K   $107K   $112K  

Get started right now by checking out Savannah homes for sale or reviewing Savannah real estate trends.

Demographic facts about Savannah:

  • Over the past 10 years, the population has increased 1.2%.
  • This area has a safety rating of 58. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 22 minutes.

Data reported through 10/12/2016

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Landmark 24 Realty
Snapped 7 homes in this area
Wilkinson & Assoc, ERA; ABR,SPS,ASP
Snapped 5 homes in this area
Virtual Properties Realty.Com
Snapped 5 homes in this area

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