Savannah 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…

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SAR 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…

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Real 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…

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Service 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…

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Demand 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…

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Affiliate 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…

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Savannah’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…

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SAR 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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New Year, Same Seller’s Market

Savannah real estate market closes out 2023 with strong demand, fewer homes sold The Savannah area real estate market closed out 2023 where it has been all year: in seller’s market territory. December saw higher prices, fewer homes sold, and slight increases in new listings and inventory compared to December 2022. “Real estate activity typically…

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