Savannah Real Estate Market Update | August 18 - August 24, 2025

The Savannah real estate market continues to show steady activity as we close out the third week of August. Here’s a quick look at what happened in our local market between August 18–24, 2025.

Key Numbers

• New Listings: 222 (down slightly from last week’s 249)
• Homes Under Contract: 203 (holding steady)
• Closed Sales: 166 (a modest increase week-over-week)
• Average Days on Market: 62 (down from 75 last week)
• Average Sales Price: $421,089 (up 2% from the previous week)

Trends to Watch

• Buyer demand remains strong, especially in neighborhoods with updated homes priced under $400K.
• Inventory is inching up as sellers prepare for fall, giving buyers a few more options.
• Interest rates are holding around 6.5%, keeping affordability top-of-mind.

Conclusion

The Savannah market is showing healthy movement, with buyers motivated and sellers benefiting from rising prices. If you’re considering a move this fall, now is the time to plan.

👉 Have questions about how these numbers affect your situation? Reach out to Harris Home Team or explore our full relocation guide at Newto912.com.