News
Savannah area real estate market inventory rises, demand remains steady
The Savannah area residential real estate market saw a significant spike in the inventory of available homes in May, while slightly higher prices and fewer days on the market pointed to continued strong demand. “While our market’s increased inventory points to improved conditions for buyers, we’re still solidly in seller’s market territory,” said Sonny Wright,…
Read MoreSavannah area real estate market remains in seller’s market despite increased supply of available homes
While the Savannah area real estate market saw increases in new listings and the inventory of available homes in April, demand remains strong, with prices inching upward and homes spending slightly fewer days on the market. Additionally, the months supply of inventory remains well within seller’s market territory. “The inventory of available homes grew significantly…
Read MoreMedian sales prices and inventory reach two-year highs in the Savannah area real estate market
Sales activity takes a dip compared to last March March saw continued strong demand in the Savannah area residential real estate market, but there are signs the market may be trending in a more balanced direction. Prices were up and the number of days homes spent on the market decreased slightly, both indicators of strong…
Read MoreSAR Membership Meeting Luncheon to be held May 16
Join us for the SAR Membership Meeting Luncheon at 11:30 a.m. on Thursday, May 16, at the Carey Hilliard’s Restaurant located at 11111 Abercorn St, Savannah, GA 31419. Registration is required, but attendance is FREE for members! If you plan to bring a guest, you must put the guest’s full name on the form along…
Read MoreReal estate professionals speak up to clarify commission misconceptions
SAVANNAH, Ga. — Real estate professionals at the national, state and local levels are speaking out to clarify misconceptions in the wake of a high-profile proposed settlement agreement within the National Association of REALTORS® (NAR). “There’s been a lot of misconceptions circulating in regard to this settlement, with the main one being that NAR sets…
Read MoreService Credit Opportunities for 2024
The purpose of the Distinguished Sales Society is to give recognition to REALTORS® who have participated in a total sales volume of $1,000,000 or more in eight or more closed transactions and have at least two Service Credits during any calendar year. The Savannah Area REALTORS® is a volunteer driven organization and depends on its…
Read MoreDemand remains steady in the Savannah area real estate market; new listings, sales both increase
The Savannah area residential real estate market saw increases in new listings and closed sales as demand for new homes remained steady in February. “February was another good month for sellers, but there’s a little more to the story than that,” said Sonny Wright, Savannah Multi-List Corporation (SMLC) 2024 Board President. “Sales activity has remained…
Read MoreAffiliate Member Application Fee Waived in March
If you’ve considered joining the Savannah Area REALTORS® as an Affiliate Member, now’s the time! Become an Affiliate Member during the month of March to have your $200 application fee waived. Along with the #1 benefit of networking, there are many more benefits to being an Affiliate Member with the Savannah Area REALTORS® Contact us…
Read MoreSavannah’s real estate market sees higher inventory, continued strong demand
The Savannah area residential real estate market saw increases in inventory and new listings in January. While inventory jumped, higher prices and an increase in closed sales indicates continued strong demand. “It’s no secret that Savannah has been a sellers’ market for the past few years,” said Sonny Wright, Savannah Multi-List Corporation (SMLC) 2024 Board…
Read MoreSAR Membership Meeting Luncheon to be held Feb. 15
Join us for the SAR Membership Meeting Luncheon at 11:30 a.m. on Thursday, February 15, at the Marriott Savannah Riverfront located at 100 General Mcintosh Blvd, Savannah, GA 31401. Registration is required, but attendance is FREE for members! If you plan to bring a guest, you must put the guest’s full name on the form…
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