Published February 9, 2026

Savannah Real Estate Market Update | February 2 - February 8, 2026

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Written by Alison Harris

Savannah Real Estate Market Update | February 2 - February 8, 2026 header image.

The Savannah real estate market saw a slight pause in momentum during the first full week of February, with activity cooling modestly after a strong end to January. Here’s a quick look at what happened in our local market between February 2-8, 2026:

Key Numbers

  • New Listings: 213 (down slightly from 219 the week prior)

  • Homes Under Contract: 196 (down from 204)

  • Closed Sales: 117 (just under last week’s 120)

  • Average Days on Market: 87 (up from 73)

  • Average Sales Price: $363,199 (down from $426,751)

Trends to Watch

  • New listings dipped slightly, but inventory remains healthy as we move toward the spring season.

  • Pending contracts and closings eased, suggesting a brief breather after January’s uptick rather than a slowdown in demand.

  • Days on market increased, indicating buyers are taking a bit more time as more options become available.

  • Average prices adjusted downward after last week’s higher-end closings, reflecting more mid-range activity.

  • Price reductions ticked up again, signaling sellers are staying flexible and competitive.

Conclusion

The Savannah market remains active and balanced, even with a short-term cooldown. With spring approaching, buyers and sellers who plan ahead now will be well positioned as competition ramps up in the coming weeks.

👉 Curious how these trends affect your next move? Connect with Harris Home Team or explore homes, market insights, and relocation resources at Newto912.com.

Categories

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

Tags

912 Savannah, Downtown Savannah, housing market, moving to Savannah, Savannah, Savannah area code, Savannah GA, Savannah Georgia relocation, Savannah home prices, Savannah homes, Savannah homes for sale, Savannah housing market, 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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