Savannah Real Estate Market Update | May 11-17, 2026

The Savannah real estate market continued to show steady momentum this week, with rising inventory and stronger buyer activity as we move deeper into the summer market. Here’s a quick look at what happened in our local market between May 11–18, 2026:

Key Numbers

• New Listings: 259 (up from 229 the week prior)
• Homes Under Contract: 212 (up from 204)
• Closed Sales: 175 (holding steady from last week)
• Average Days on Market: 94 (up from 88)
• Average Sales Price: $429,957 (up from $394,588)

Trends to Watch

• New listings increased again, giving buyers more options as inventory continues to build heading into summer.
• Pending contracts climbed, showing healthy buyer demand despite growing inventory levels.
• Closed sales held steady, reflecting consistent market activity across multiple price points.
• Days on market increased slightly, suggesting buyers are taking more time as selection improves.
• Average prices rebounded strongly this week, indicating renewed activity in higher-priced homes.

Conclusion

The Savannah real estate market remains active and balanced, with rising inventory and steady demand creating opportunities for both buyers and sellers. As summer approaches, strategic pricing and preparation continue to play a major role in market success.

👉 Ready to make your move this summer? Connect with Harris Home Team or explore homes, market insights, and relocation resources at Newto912.com.

FAQ

1. Is inventory increasing in the Savannah real estate market?
Yes, new listings increased again this week, continuing the trend of growing inventory as more sellers enter the market ahead of summer.

2. Are buyers still active in Savannah despite more listings?
Absolutely. Pending contracts rose this week, showing that buyers are still actively making offers even with more homes available.

3. Why did home prices increase this week?
The average sales price rose due to stronger activity in higher-priced homes and continued buyer demand across desirable Savannah neighborhoods.