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Savannah Georgia, Savannah Housing Market, Savannah Market Update, Savannah Real Estate GuidesThe Savannah real estate market picked up momentum as we transitioned from January into February, with stronger closings and rising prices signaling an active early spring setup. Here’s a quick look at what happened in our local market between January 26 and February 1, 2026:
Key Numbers
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New Listings: 219 (up from 206 the previous week)
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Homes Under Contract: 204 (up slightly from 201)
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Closed Sales: 120 (up from 89)
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Average Days on Market: 73 (down from 78)
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Average Sales Price: $426,751 (up from $403,866)
Trends to Watch
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New listings increased again, giving buyers fresh inventory as February begins.
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Pending contracts continued to rise, showing steady buyer demand early in the year.
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Closings jumped significantly, reflecting strong follow-through from January contracts.
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Days on market dropped, signaling quicker sales for well-priced homes.
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Prices moved higher, pointing to renewed competition and confidence as we head toward spring.
Conclusion
The Savannah market is gaining traction, with buyers actively locking in homes and sellers benefiting from improving conditions. As inventory builds and demand stays strong, early February is shaping up to be an important window ahead of the spring rush.
👉 Want to get ahead of the market? Connect with Harris Home Team or explore homes, pricing insights, and relocation resources at Newto912.com.
