The real estate market in Savannah, GA in 2012 saw fewer property sales, longer days on market, more pending listings, fewer listings for sale, a 2% decrease in average sales price, and less monthly inventory supply compared to 2011.

1. December 2012
Savannah, GA
Market Trends

2. December 2012
For Savannah, GA comparing 2011 to 2012 there are . . .
•19 less Properties sold than this time last year
•Listings have been selling 12 days slower in 2012 than 2011
•10% more listings under contract compared to 2011
•13% less listings for sale in 2012
•Average sales price has decreased in 2012 by 2% or $3,250
•17% less monthly supply of inventory in 2012

3. December 2012
Number of Properties Sold
500
400
300
200
100
-

4. December 2012
Days on Market
180
160
140
120
100
80
60
40
20
-

5. December 2012
Pending Listings
450
400
350
300
250
200
150
100
50
-

6. December 2012
Number of Listings For Sale
3,500
3,000
2,500
2,000
1,500
1,000
500
-

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

8. December 2012
Monthly Supply of Inventory
12.0
10.0
8.0
6.0
4.0
2.0
0.0

9. December 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.