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Downtown Savannah Georgia, Local Market Updates, Midcity Savannah, Real Estate Market Trends, Savannah Georgia, Savannah Housing Market, Savannah Market Update, Savannah Real Estate GuidesPublished June 8, 2026
Savannah Real Estate Market Update | June 1-7, 2026
The Savannah real estate market remained active during the first week of June, with rising inventory, steady buyer demand, and home prices continuing to trend upward. Here’s a quick look at what happened in our local market between June 1–7, 2026:
Key Numbers
- New Listings: 235 (up from 212 the week prior)
- Homes Under Contract: 219 (up slightly from 214)
- Closed Sales: 194 (down from 240)
- Average Days on Market: 76 (up from 72)
- Average Sales Price: $428,707 (up from $406,272)
Trends to Watch
- New listings increased, providing buyers with more options as summer inventory continues to grow.
- Pending contracts rose slightly, showing buyer demand remains healthy despite increased inventory.
- Closed sales cooled from last week's surge but remain at strong levels overall.
- Days on market ticked up modestly, suggesting buyers are taking a bit more time to evaluate their choices.
- Average sales prices climbed again, highlighting continued demand across the Savannah market.
Conclusion
The Savannah real estate market continues to show balanced conditions, with healthy inventory levels, active buyers, and steady pricing. As we move further into the summer season, both buyers and sellers can benefit from planning ahead and staying informed about market trends.
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FAQ
1. Is inventory increasing in the Savannah real estate market?
Yes. New listings increased this week, continuing the trend of growing summer inventory and providing buyers with more choices throughout the Savannah area.
2. Are home prices still rising in Savannah?
The average sales price increased to $428,707 this week, showing continued strength in the market despite fluctuations in weekly sales activity.
3. Is buyer demand still strong in Savannah?
Yes. Homes under contract increased slightly this week, indicating that buyers remain active and engaged even as more homes become available.
