2022 QUARTER TWO
MARKET REPO RT SAVANNAH AREA
Featured Properties
Cover Home | 1108 Wilmington Island Road, Savannah | Sold at $3,540,000
1 Adams Point, Savannah | Sold at $2,300,000
208 East Liberty Street, Savannah | Sold at $1,700,000
The Overview Q2 2022 vs Q2 2021
The Savannah Area NUMBER OF SALES
^1080 19.2%
AVERAGE DAYS ON MARKET
46
46.5%
^
AVERAGE SOLD PRICE PER SQFT
$277.14
^ 19.2% AVERAGE SALES PRICE
$731,309
^
26.2%
LIST TO SALES PRICE RATIO
98.61%
^
2.14%
Q2 2022 Market Report Savannah Area
HISTORIC DISTRICT
Residential Sales | Greater Savannah Area NUMBER OF SALES
50
106
52.8%
2022
2021
AVERAGE DAYS ON MARKET
57
102
44.4%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$434.15
35.2% $321.03 2021
2022
AVERAGE SALES PRICE
$1,334,140 2022
93.0%
$691,182 2021
LIST TO SALES PRICE RATIO
98.60% 2022
1.61%
96.98% 2021
STARLAND
Residential Sales | Greater Savannah Area NUMBER OF SALES
22
27
18.5%
2022
2021
AVERAGE DAYS ON MARKET
46
90
48.9%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$275.13
9.5%
2022
$251.16 2021
AVERAGE SALES PRICE
$485,609 2022
0.6% $482,481 2021
LIST TO SALES PRICE RATIO
98.79% 2022
2.62% 96.17% 2021
ARDSLEY PARK
Residential Sales | Greater Savannah Area NUMBER OF SALES
21
21
33.3%
2022
2021
AVERAGE DAYS ON MARKET
37
43
14.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$264.77
16.0% $228.22 2021
2022
AVERAGE SALES PRICE
$680,714 2022
4.6%
$641,310 2021
LIST TO SALES PRICE RATIO
101.07% 2022
1.44%
99.63% 2021
MIDTOWN
Residential Sales | Greater Savannah Area NUMBER OF SALES
25
56
55.4%
2022
2021
AVERAGE DAYS ON MARKET
18
43
58.1%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$249.11
27.4% $195.54 2021
2022
AVERAGE SALES PRICE
$440,928 2022
31.0%
$336,528 2021
LIST LISTTO TO SALES SALES PRICE PRICE RATIO RATIO
107.05% 2022
6.78%
100.27% 2021
THE LANDINGS/MODENA/SOUTH HARBOR Residential Sales | Greater Savannah Area
NUMBER OF SALES
85
107
20.6%
2022
2021
AVERAGE DAYS ON MARKET
39
53
26.4%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$271.24
34.8% $201.22 2021
2022
AVERAGE SALES PRICE
$892,365 2022
36.0%
$656,179 2021
LIST TO SALES PRICE RATIO
98.89% 2022
0.01% 98.88% 2021
ISLE OF HOPE/DUTCH ISLAND Residential Sales | Greater Savannah Area
NUMBER OF SALES
21
26
19.2%
2022
2021
AVERAGE DAYS ON MARKET
55
57
3.5%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$240.94
$219.47
9.8%
2022
2021
AVERAGE SALES PRICE
$597,531 2022
7.2%
$557,451 2021
LIST TO SALES PRICE RATIO
98.17% 2022
2.55%
95.62% 2021
TYBEE ISLAND
Residential Sales | Greater Savannah Area NUMBER OF SALES
56
81
30.9%
2022
2021
AVERAGE DAYS ON MARKET
58
199
70.9%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$457.96
$354.67
29.1%
2022
2021
AVERAGE SALES PRICE
$820,205 2022
32.8%
$617,480 2021
LIST TO SALES PRICE RATIO
95.66% 2022
1.14%
96.80% 2021
WILMINGTON/WHITEMARSH ISLAND Residential Sales | Greater Savannah Area
NUMBER OF SALES
121
165
26.7%
2022
2021
AVERAGE DAYS ON MARKET
27
56
51.8%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$237.69
$196.07
21.2%
2022
2021
AVERAGE SALES PRICE
$449,707 2022
17.5%
$382,729 2021
LIST TO SALES PRICE RATIO
102.06% 2022
3.25%
98.81% 2021
SOUTHBRIDGE
Residential Sales | Greater Savannah Area NUMBER OF SALES
33
49
32.7%
2022
2021
AVERAGE DAYS ON MARKET
28
67
58.2%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$184.50
$145.23
27.0%
2022
2021
AVERAGE SALES PRICE
$582,479 2022
24.1% $469,226 2021
LIST TO SALES PRICE RATIO
100.90% 2022
2.13%
View Kiawah Island Listings
98.77% 2021
POOLER
Residential Sales | Greater Savannah Area NUMBER OF SALES
212
265
20.0%
2022
2021
AVERAGE DAYS ON MARKET
32
58
44.8%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$172.13
$135.73
26.8%
2022
2021
AVERAGE SALES PRICE
$388,660 2022
30.9%
$296,987 2021
LIST TO SALES PRICE RATIO
101.73% 2022
1.69%
100.05% 2021
RICHMOND HILL
Residential Sales | Greater Savannah Area NUMBER OF SALES
426
430
0.9%
2022
2021
AVERAGE DAYS ON MARKET
35
57
38.6%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$176.81
26.0% $140.31 2021
2022
AVERAGE SALES PRICE
$416,376 2022
24.0%
$335,897 2021
LIST TO SALES PRICE RATIO
101.70% 2022
2.45%
99.25% 2021
FORD PLANTATION
Residential Sales | Greater Savannah Area NUMBER OF SALES
8
4
100.0%
2022
2021
AVERAGE DAYS ON MARKET
123
212
42.0%
2022
2021
AVERAGE SOLD PRICE PER SQFT
$361.24
$401.92
10.1%
2022
2021
AVERAGE SALES PRICE
$1,687,000 2022
13.4%
$1,487,500 2021
LIST TO SALES PRICE RATIO
94.16% 2022
3.10%
91.06% 2021
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17 W CHARLTON STREET, SAVANNAH, SC 29401 | 912.234.3323 | DANIELRAVENELSIR.COM | OPEN 7 DAYS A WEEK Based on information from the Savannah Area Realtors MLS for the period 1/1/22-3/31/22 © MMXVI Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks licensed to Sotheby’s International Realty Affiliates LLC. All rights reserved. This material may not be reproduced, displayed, modified or distributed without the express prior written consent of the copyright holder.