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Savannah Ga Real Estate Statistics

Taking three main areas here, midtown Savannah, Savannah islands and southside Savannah, and using the criteria of 3br/2b, 1600-2000 sq ft homes, then including all sales from two time periods, 3/1/06 - 5/10/06 and 3/1/07-5/10/07, I got these numbers:

3/1/06 - 5/10/06                                          3/1/07 - 5/10/07

75 sales                                                     57 sales     
avg List Price - $206,469                             avg LP - $229,117
avg Sales Price - $201,560                          avg SP - $219,859 
SP to LP - 98%                                          SP to LP - 96%
Days On Market - 61                                   DOM - 97

Not scientific, but interesting. Fewer sales, higher prices, pretty much the same SP to LP but lower for 2007, longer days on the market.

Published Sunday, June 10, 2007 1:15 PM by Mike Farmer

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