2023 QUARTER THREE
MARKET REPO RT SAVANNAH AREA
Featured Properties COVER HOME
11 Longbridge Road, Long Point | Listed for $6,750,000
21 Teresa Lane, Tybee Island | Listed for $5,600,000
105 Herb River Drive, Dutch Island | Listed for $2,950,000
The Overview 2023 vs 2022
The Savannah Area NUMBER OF SALES
856 11.6%
^
AVERAGE DAYS ON MARKET
77
^
82.3%
AVERAGE SOLD PRICE PER SQFT
$338.83
^
12%
AVERAGE SALES PRICE
$755,580.25
^
6.6%
LIST TO SALES PRICE RATIO
96.83% 2.16%
^
Q3 2023 Market Report Section 1: Savannah Area
HISTORIC DISTRICT Residential Sales | Greater Savannah Area NUMBER OF SALES
33
37
10.8%
2023
2022
AVERAGE DAYS ON MARKET
66
39
69.2%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$519.07
$477.32
8.7%
2023
2022
AVERAGE SALES PRICE
$992,331 2023
$756,935
31.1%
2022
LIST TO SALES PRICE RATIO
97.84% 2023
1.84%
96% 2022
STARLAND Residential Sales | Greater Savannah Area NUMBER OF SALES
20
22
9.1%
2023
2022
AVERAGE DAYS ON MARKET
46
40
15%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$323.14
3.2%
2023
$313.17 2022
AVERAGE SALES PRICE
$526,155 2023
3.8% $506,669 2022
LIST TO SALES PRICE RATIO
94.21% 2023
7.64% 101.86% 2022
ARDSLEY PARK
Residential Sales | Greater Savannah Area NUMBER OF SALES
14
12
16.7%
2023
2022
AVERAGE DAYS ON MARKET
46
26
76.9%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$335
19.6% $280.20 2022
2023
AVERAGE SALES PRICE
$930,321 2023
41.5%
$657,500 2022
LIST TO SALES PRICE RATIO
95.92% 2023
4.67%
100.59% 2022
MIDTOWN Residential Sales | Greater Savannah Area NUMBER OF SALES
22
32
31.3%
2023
2022
AVERAGE DAYS ON MARKET
27
30
10%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$307.73
$274.72
12%
2023
2022
AVERAGE SALES PRICE
$479,472 2023
1.9%
$488,944 2022
LIST LISTTO TO SALES SALES PRICE PRICE RATIO RATIO
100.66% 2023
0.09%
100.76% 2022
THE LANDINGS/MODENA/SOUTH HARBOR Residential Sales | Greater Savannah Area
NUMBER OF SALES
61
66
7.6%
2023
2022
AVERAGE DAYS ON MARKET
42
53
20.8%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$301.47
14.2% $264.07 2022
2023
AVERAGE SALES PRICE
$978,233 2023
14.7%
$852,882 2022
LIST TO SALES PRICE RATIO
97.65% 2023
2.82% 100.47% 2022
ISLE OF HOPE/DUTCH ISLAND Residential Sales | Greater Savannah Area NUMBER OF SALES
13
6
116.7%
2023
2022
AVERAGE DAYS ON MARKET
49
109
55%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$269.08
$253.12
6.3%
2023
2022
AVERAGE SALES PRICE
$621,492 2023
15.1%
$731,667 2022
LIST TO SALES PRICE RATIO
100.21% 2023
7.10%
93.11% 2022
TYBEE ISLAND Residential Sales | Greater Savannah Area NUMBER OF SALES
40
38
5.3%
2023
2022
AVERAGE DAYS ON MARKET
53
39
35.9%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$549.12
12.5%
2023
$488.24 2022
AVERAGE SALES PRICE
$787,223 2023
1.2%
$796,675 2022
LIST TO SALES PRICE RATIO
94.68% 2023
2.36%
97.04% 2022
WILMINGTON/WHITEMARSH ISLAND Residential Sales | Greater Savannah Area NUMBER OF SALES
94
128
26.6%
2023
2022
AVERAGE DAYS ON MARKET
36
34
5.9%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$248
8.5%
2023
$228.48 2022
AVERAGE SALES PRICE
$430,264 2023
7.7%
$466,002 2022
LIST TO SALES PRICE RATIO
99.56% 2023
0.62%
100.18% 2022
SOUTHBRIDGE Residential Sales | Greater Savannah Area NUMBER OF SALES
40
20
100%
2023
2022
AVERAGE DAYS ON MARKET
40
36
11.1%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$179.41
$187.37
4.2%
2023
2022
AVERAGE SALES PRICE
$497,182 2023
10.5% $555,430 2022
LIST TO SALES PRICE RATIO
98.96% 2023
0.20%
View Kiawah Island Listings
99.15% 2022
POOLER Residential Sales | Greater Savannah Area NUMBER OF SALES
239
211
13.3%
2023
2022
AVERAGE DAYS ON MARKET
46
32
43.8%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$193.37
$175.59
10.1%
2023
2022
AVERAGE SALES PRICE
$409,676 2023
7.3%
$381,894 2022
LIST TO SALES PRICE RATIO
98.79% 2023
1.25% 100.04% 2022
RICHMOND HILL Residential Sales | Greater Savannah Area NUMBER OF SALES
275
394
30.2%
2023
2022
AVERAGE DAYS ON MARKET
61
26
134.6%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$197.13
$180.02
9.5%
2023
2022
AVERAGE SALES PRICE
$466,114 2023
25.9%
$370,246 2022
LIST TO SALES PRICE RATIO
99.05% 2023
38.26% 137.31% 2022
FORD PLANTATION Residential Sales | Greater Savannah Area NUMBER OF SALES
5
2
150%
2023
2022
AVERAGE DAYS ON MARKET
416
45
824.4%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$643.44
$507.11
26.9%
2023
2022
AVERAGE SALES PRICE
$1,948,500 2023
0.3%
$1,942,500 2022
LIST TO SALES PRICE RATIO
94.04% 2023
1.30%
95.34% 2022
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