Savannah Real Estate Market Update | August 25 - August 31, 2025

The Savannah real estate market closed out August with healthy activity and shifting dynamics as we head into September. Here’s a look at what happened between August 25–31, 2025:

Key Numbers

• New Listings: 230 (up from 222 the week before)
• Homes Under Contract: 192 (slightly down from 203)
• Closed Sales: 196 (a notable jump from last week’s 166)
• Average Days on Market: 57 (improving from 62)
• Average Sales Price: $415,159 (a slight dip from $421,089)

Trends to Watch

• Buyer demand is still strong, but slightly fewer homes went under contract this week compared to last.
• Closed sales are on the rise, showing strong follow-through from earlier summer contracts.
• Price reductions declined to 279 (down from 368), suggesting sellers are pricing more strategically.
• Expired listings ticked up to 42, highlighting the importance of competitive pricing and presentation.

Conclusion

Savannah’s market is ending summer on solid footing, with more homes closing and buyers benefiting from a bit more negotiating room. As we move into September, expect fresh inventory and motivated sellers eager to capture fall buyers.

👉 Thinking of buying or selling this fall? The Harris Home Team is here to guide you. Explore our full relocation guide at Newto912.com.