Savannah Real Estate Market Update | February 23 - March 1, 2026

The Savannah real estate market picked up momentum as we transitioned into March, with stronger listing activity and a noticeable jump in both contracts and closings. Here’s a quick look at what happened in our local market between February 23 and March 1, 2026:

Key Numbers

• New Listings: 248 (up from 195 the week prior)

• Homes Under Contract: 229 (up from 194)

• Closed Sales: 169 (up from 138)

• Average Days on Market: 86 (up slightly from 84)

• Average Sales Price: $429,140 (up significantly from $331,303)

Trends to Watch

• New listings surged as sellers prepare for the spring market.

• Pending contracts climbed sharply, signaling strong buyer demand heading into March.

• Closings increased, reflecting healthy follow-through from late February contracts.

• Days on market edged up slightly, but homes are still moving at a steady pace.

• The average sales price rebounded significantly, pointing to a stronger mix of mid-to-upper range home sales.

Conclusion

The Savannah market is clearly gaining traction as we enter spring, with rising inventory and increasing buyer activity creating a competitive but balanced environment. Both buyers and sellers have opportunities right now — especially before the busiest part of the season arrives.

👉 Ready to get ahead of the spring rush? Connect with Harris Home Team or explore homes, pricing insights, and relocation resources at Newto912.com.