Savannah Real Estate Market Report | June 22–28, 2026: Closings Rise as Inventory Holds Steady

The Savannah real estate market remained healthy during the final full week of June, closing out the month with strong sales activity, stable inventory, and rising home prices. While fewer new listings came to market compared to the previous week, buyers continued purchasing homes at a steady pace, highlighting continued confidence in the local housing market.

Here's a closer look at what happened across the Savannah MLS service area between June 22-28, 2026.

This Week's Takeaway

The market remains balanced heading into July. Buyers continue to enjoy a healthy selection of homes, while sellers are benefiting from strong closing activity and stable home values. Although pending sales dipped slightly, increased closings suggest buyer demand remains solid as we transition into the second half of the year.

Key Market Statistics

• Active Listings: 3,331
• New Listings: 206 (down from 231 the previous week)
• Homes Under Contract: 182 (down from 197)
• Closed Sales: 209 (up from 193)
• Average Days on Market: 75 (up from 63)
• Average Sales Price: $426,089 (up from $407,974)
• Price Reductions: 316 (down from 360)
• Expired Listings: 19

Inventory Holds Steady

Active inventory continued to climb slightly this week, reaching 3,331 active listings across the Savannah MLS service area. Although fewer new listings entered the market compared to last week, buyers still have a wide variety of homes for sale in Savannah and the surrounding communities to choose from.

The steady inventory gives buyers more flexibility while encouraging sellers to focus on competitive pricing and strong presentation.

Buyer Activity Remains Healthy

Pending contracts eased slightly this week, falling from 197 to 182. This type of movement is common during the summer months as buyers take additional time to evaluate available inventory.

Despite the slight dip in new contracts, closed sales increased to 209, indicating that transactions already in the pipeline continue to move successfully toward the closing table.

Home Prices Continue to Show Strength

The average sales price increased to $426,089, an encouraging sign that demand remains healthy across the Savannah area.

Weekly averages naturally fluctuate based on the types of homes that close during a given period. This week's increase reflects continued activity across multiple price points and reinforces the overall stability of the Savannah real estate market.

What This Means for Buyers

Summer continues to offer buyers one of the strongest selections of available homes this year. More inventory means more opportunities to compare neighborhoods, home styles, and price points before making a decision.

However, well-maintained and competitively priced homes continue to sell quickly. Buyers who are pre-approved and working with an experienced local real estate professional are often in the best position when the right home becomes available.

If you're planning a move to the Savannah area, visit Newto912.com for relocation resources, neighborhood guides, and local market information.

What This Means for Sellers

Although buyers have more options than they did earlier this year, seller opportunities remain strong. The decrease in price reductions this week suggests many homeowners are entering the market with more realistic pricing strategies.

Professional marketing, quality photography, and accurate pricing continue to be key factors in attracting serious buyers and achieving successful results.

Savannah Real Estate Outlook

As June comes to a close, the Savannah real estate market remains well balanced. Inventory is providing buyers with more choices while steady closing activity continues to support sellers.

Looking ahead, we'll be watching inventory growth, buyer demand, and pricing trends as the summer market progresses. These factors will help shape local real estate conditions throughout the second half of 2026.

Frequently Asked Questions

Is the Savannah real estate market still active this summer?

Yes. Closed sales increased to 209 homes this week, showing buyers continue to move forward with purchases even as inventory remains elevated.

Are home prices increasing in Savannah?

The average sales price rose to $426,089 this week. While weekly averages naturally fluctuate, home values remain stable overall throughout the Savannah MLS service area.

Is now a good time to buy a home in Savannah?

Many buyers find summer to be an excellent time to purchase because inventory remains healthy, providing more opportunities to find the right property. Working with a local real estate expert can help you navigate the market and act quickly when the right home becomes available.

About This Market Report

Data Source: Savannah Multi-List Corporation (SMLC).

Market Area: Figures reflect residential real estate activity reported through the Savannah MLS service area, including portions of Chatham, Bryan, Effingham, and surrounding counties.

Methodology: Statistics are based on MLS-reported residential market activity and use a consistent methodology each week to provide reliable trend comparisons. Learn more on our About Our Market Data page.

Market statistics are provided for informational purposes only. Real estate activity may vary by neighborhood, property type, and price range.

About the Author

Alison Harris is a licensed real estate agent in the state of GA and Team Lead of Harris Home Team. She helps buyers, sellers, and families relocating to the Greater Savannah area make confident real estate decisions through local expertise, trusted guidance, and data-driven market insights.

Ready to Make Your Move?

Whether you're buying your first home, selling your current property, or relocating to Coastal Georgia, Harris Home Team is here to help.

Browse homes for sale in Savannah, explore neighborhood guides, and access relocation resources at Newto912.com. If you're ready for personalized advice, contact Harris Home Team today to start your next chapter.