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Local Market Updates, Real Estate Market Trends, Savannah Georgia, Savannah Housing Market, Savannah Market Update, Savannah Real Estate GuidesPublished March 23, 2026
Savannah Real Estate Market Update | March 16-22, 2026
Written by Alison Harris
The Savannah real estate market continued to show steady activity this week, with slight shifts in inventory and pricing as we move deeper into the spring season. Here’s a quick look at what happened in our local market between March 16–23, 2026:
Key Numbers
- New Listings: 223 (down from 257 the week prior)
- Homes Under Contract: 191 (down slightly from 204)
- Closed Sales: 137 (down from 145)
- Average Days on Market: 96 (up from 83)
- Average Sales Price: $397,780 (up from $386,781)
Trends to Watch
- New listings dipped this week, but overall inventory remains elevated compared to earlier in the year.
- Pending contracts eased slightly, suggesting buyers are taking more time with increased choices.
- Closed sales declined modestly, reflecting normal fluctuations as transactions move through the pipeline.
- Days on market jumped noticeably, indicating homes are taking longer to sell as inventory builds.
- Average prices increased, showing continued strength in demand for well-positioned homes.
Conclusion
The Savannah real estate market remains active but is showing signs of leveling as spring inventory grows. Buyers have more options and time to decide, while sellers need to stay competitive with pricing and presentation to stand out.
👉 Thinking about buying or selling this spring? Connect with Harris Home Team or explore homes, market insights, and relocation resources at Newto912.com.
FAQ
1. Why are homes taking longer to sell in Savannah right now?
Homes in the Savannah real estate market are taking slightly longer to sell as inventory increases during the spring season. With more homes available, buyers have more options and are taking extra time to compare properties before making offers.
2. Is now a good time to sell a home in Savannah?
Yes, it’s still a good time to sell, but strategy matters more than ever. With rising inventory and longer days on market, sellers need to price competitively and present their homes well to stand out in the growing number of homes for sale in Savannah.
3. What should buyers expect in the Savannah market this spring?
Buyers can expect more choices and slightly less competition compared to earlier in the year. However, well-priced and desirable homes are still moving, so being prepared to act quickly on the right property is key.
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