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Local Market Updates, Real Estate Market Trends, Savannah Housing Market, Savannah Market UpdatePublished April 6, 2026
Savannah Real Estate Market Update | March 30 - April 5, 2026
The Savannah real estate market showed strong activity this week, with a surge in closings and continued inventory growth as we move deeper into the spring season. Here’s a quick look at what happened in our local market between March 30 and April 5, 2026:
Key Numbers
- New Listings: 264 (up from 252 the week prior)
- Homes Under Contract: 204 (down from 222)
- Closed Sales: 202 (up significantly from 171)
- Average Days on Market: 82 (down from 96)
- Average Sales Price: $378,350 (down from $435,574)
Trends to Watch
- New listings continued to rise, giving buyers more options as spring inventory builds.
- Pending contracts dipped slightly after last week’s surge but remain at healthy levels.
- Closings jumped, reflecting strong follow-through from late March contracts.
- Days on market improved noticeably, showing homes are moving faster despite increased inventory.
- Average prices adjusted downward, indicating a shift back toward mid-range home sales after last week’s higher-end activity.
Conclusion
The Savannah real estate market remains active and balanced, with rising inventory and strong closings keeping momentum steady. As we head further into spring, both buyers and sellers have solid opportunities to make strategic moves.
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FAQ
1. Why did home prices drop in Savannah this week?
The average sales price dipped due to a higher number of mid-range home sales compared to last week’s larger share of higher-priced closings. This type of fluctuation is common week to week.
2. Are homes selling faster in Savannah right now?
Yes, the average days on market dropped from 96 to 82 days, indicating that well-priced homes are selling more quickly as buyer demand remains steady.
3. Is inventory increasing in the Savannah real estate market?
Yes, new listings rose again this week, continuing the spring trend of increasing inventory and giving buyers more choices across different price points.
