Published March 2, 2026

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

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Written by Alison Harris

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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.

Categories

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

Tags

Downtown Savannah, 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 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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