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September 2012




Savannah, GA
Market Trends
September 2012

For Savannah comparing 2011 to 2012 there are . . .
  •36 less properties sold than this time last year
  •Listings have been selling 4 days slower in 2012 as 2011
  •107% less listings under contract compared to 2011
  •80% less listings for sale in 2012
  •Average sales price has decreased in 2012 by 6% or $8,700
  •112% less monthly supply of inventory in 2012
September 2012

                                                        Number of Properties Sold
12.0

10.0

 8.0

  6.0

  4.0

  2.0

   0.0
         Sep-11 Oct-11
                       Nov-11 Dec-11
                                     Jan-12   Feb-12 Mar-12
                                                              Apr-12   May-12   Jun-12   Jul-12
                                                                                                  Aug-12
                                                                                                           Sep-12
September 2012

                                                                                      Days on Market
180
160
140
120
100
  80
  60
  40
  20
      -
          Sep-11 Oct-11
                        Nov-11 Dec-11
                                      Jan-12   Feb-12 Mar-12
                                                               Apr-12   May-12   Jun-12   Jul-12
                                                                                                   Aug-12
                                                                                                            Sep-12
September 2012


350
                                                                                     Pending Listings
300

250

200

 150

 100

  50

      -
          Sep-11 Oct-11
                        Nov-11 Dec-11
                                      Jan-12   Feb-12 Mar-12
                                                               Apr-12   May-12   Jun-12   Jul-12
                                                                                                   Aug-12
                                                                                                            Sep-12
September 2012

                                                         Number of Listings For Sale
4,000

3,500

3,000

2,500

2,000
 1,500
 1,000
   500
        -
            Sep-11 Oct-11
                          Nov-11 Dec-11
                                        Jan-12 Feb-12
                                                      Mar-12 Apr-12
                                                                    May-12   Jun-12   Jul-12
                                                                                               Aug-12   Sep-12
September 2012

            Average Sales Price
$180,000
$160,000
$140,000
$120,000
$100,000
  $80,000
  $60,000
  $40,000
  $20,000
       $-
September 2012

                                                 Monthly Supply of Inventory
12.0

10.0

 8.0

  6.0

  4.0

  2.0

   0.0
         Sep-11 Oct-11
                       Nov-11 Dec-11
                                     Jan-12 Feb-12
                                                   Mar-12 Apr-12
                                                                 May-12   Jun-12   Jul-12
                                                                                            Aug-12   Sep-12
September 2012




Data provided by Terradatum.
The above representation is based in whole or in part on data from the local
Multiple Listing Service for the time period indicated. RE/MAX, the Multiple
Listing Service, and the member Associations of REALTORS do not guarantee or
are in any way responsible for the data accuracy.

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Savannah September 2012 Market Trend RE/port

  • 2. September 2012 For Savannah comparing 2011 to 2012 there are . . . •36 less properties sold than this time last year •Listings have been selling 4 days slower in 2012 as 2011 •107% less listings under contract compared to 2011 •80% less listings for sale in 2012 •Average sales price has decreased in 2012 by 6% or $8,700 •112% less monthly supply of inventory in 2012
  • 3. September 2012 Number of Properties Sold 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
  • 4. September 2012 Days on Market 180 160 140 120 100 80 60 40 20 - Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
  • 5. September 2012 350 Pending Listings 300 250 200 150 100 50 - Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
  • 6. September 2012 Number of Listings For Sale 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 - Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
  • 7. September 2012 Average Sales Price $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $-
  • 8. September 2012 Monthly Supply of Inventory 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12
  • 9. September 2012 Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy.