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Published May 4, 2026

Savannah Real Estate Market Update | April 27-May 3, 2026

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Written by Alison Harris

Savannah Real Estate Market Update | April 27-May 3, 2026 header image.
  • New Listings: 268 (down slightly from 283 the week prior)
  • Homes Under Contract: 220 (down from 261)
  • Closed Sales: 211 (up significantly from 135)
  • Average Days on Market: 97 (up from 78)
  • Average Sales Price: $434,876 (up from $380,322)

Trends to Watch

  • New listings dipped slightly but remain elevated, keeping inventory strong for buyers.
  • Pending contracts pulled back after last week’s surge but still reflect solid demand.
  • Closings jumped significantly, showing strong follow-through from April contracts.
  • Days on market increased, suggesting buyers are taking more time as options grow.
  • Average prices rebounded sharply, pointing to a stronger mix of higher-priced home sales this week.

Conclusion

The Savannah real estate market remains active and dynamic, with strong closing activity and fluctuating prices typical of a busy spring season. Buyers have more choices, while sellers who price strategically continue to see success.

👉 Ready to make your move this spring? Connect with Harris Home Team or explore homes, market insights, and relocation resources at Newto912.com.

FAQ

1. Why did home prices increase again this week in Savannah?
The average sales price rose due to a higher number of upper-priced home sales compared to last week. These shifts are common as different price points close each week.

2. Are more homes closing in the Savannah market right now?
Yes, closed sales jumped significantly this week, indicating strong follow-through from contracts written earlier in the spring.

3. Is inventory still high in Savannah this spring?
Yes, even with a slight dip in new listings this week, overall inventory remains elevated, giving buyers a wide range of homes to choose from.

 

Categories

Local Market Updates, New to 912, Real Estate Market Trends, Savannah Georgia, Savannah Housing Market, Savannah Market Update, Savannah Real Estate Guides

Tags

912 Savannah, housing market, moving to Savannah, New to 912, Savannah, Savannah GA, Savannah Georgia relocation, Savannah home prices, Savannah homes, Savannah homes for sale, Savannah housing market, Savannah Lifestyle, Savannah living, Savannah Local Culture, Savannah local guide, Savannah neighborhoods, Savannah newcomers, Savannah real estate, Savannah real estate trends, Savannah relocation, Savannah resources
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