Seaport Paper Q2 2020

The Seaport Paper Q2 2020 MARKET REPORT

321 West Broughton Street | Savannah, GA 31401 Photographed By: Parker Stewart

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7505 WAT ERS AV ENUE S UIT E B #2 S AVANNAH , G EO RG IA 31406 SE A PORT RE A LE STAT E . COM

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Q2 Market “Due to the COVID-19 pandemic, we saw an immediate downturn. However, there was a rapid rebound. Buyers capitalized on some of the lowest interest rates in US history.

Listing inventory in most of our markets are at some of the lowest they have been in years. The end of Q2 has turned into a wonderful sellers market.�

Ben Bluemle

31401: Historic District

77

86

31404: East Metro Savannah

82

69

31405: Ardsley Park / Midtown

128

87

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

$2.1M

$434,645

$700,000

$197,969

$995,000

Average Sale Price

Max Sale Price

$314,767

$282

$135

$295

$127

Max Sale Price

$1,210 Max Price Per SQFT

Average Sale Price

$288

Average Price Per SQFT

31328: Tybee Island

39

Max Sale Price

Max Price Per SQFT

Average Price Per SQFT

Max Price Per SQFT

31407: Port Wentworth

191

132

82

Average Sale Price

Average Price Per SQFT

31322: Pooler

166

94

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

$1.6M

$508,149

$380,000

$212,020

$985,000

$250,459

$674

$295

$156

$105

$194

$118

Max Sale Price

Max Price Per SQFT

Average Sale Price

Average Price Per SQFT

Max Sale Price

Max Price Per SQFT

Average Sale Price

Average Price Per SQFT

Max Sale Price

Max Price Per SQFT

Market statistics created using available SMLS data for Q2 2020 transactions of single family and attachted properties. Seaport Real Estate Group makes no representations or warranties, expressed or implied about future market conditions or proces, or with respect to the accuracy, completeness or validity of information provided. If your home is currently listed, this is not an attempt to solicit your listing. For any questions refer to our website seaportrealestate.com.

Average Sale Price

Average Price Per SQFT

Update 31406: Vernonburg / Islands

102

Number Of Homes Sold

63

Average Days On Market

31410: Wilmington Island

163

Average Days On Market

$2.2M

$303,56o

$1.45M

Average Sale Price

Max Sale Price

$509,164

$158

$319

$161

Average Sale Price

Max Sale Price

$252

$127

$364

Average Price Per SQFT

130

Number Of Homes Sold

$234,899

Max Price Per SQFT

84

Average Days On Market

Number Of Homes Sold

$780,000

Max Sale Price

78

31411: Skidway Island / The Landings

Max Price Per SQFT

31324: Richmond Hill

Average Price Per SQFT

31326: Rincon

Average Price Per SQFT

31419: Southside Savannah

255

Number Of Homes Sold

112

Average Days On Market

119

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

$1.8M

$310,889

$419,160

$232,312

$475,000

$205,46 1

$1,204

$132

$160

$114

$182

$113

340

Max Sale Price

Max Price Per SQFT

Average Sale Price

Average Price Per SQFT

Max Sale Price

Max Price Per SQFT

83

Max Price Per SQFT

Average Sale Price

Average Sale Price

Average Price Per SQFT

Max Sale Price

Max Price Per SQFT

Market statistics created using available SMLS data for Q2 2020 transactions of single family and attachted properties. Seaport Real Estate Group makes no representations or warranties, expressed or implied about future market conditions or proces, or with respect to the accuracy, completeness or validity of information provided. If your home is currently listed, this is not an attempt to solicit your listing. For any questions refer to our website seaportrealestate.com.

66

Average Sale Price

Average Price Per SQFT

Featured Listings

Start your free home search today at seaportrealestate.com.

1 Judsons Court

430 Habersham St.

104 Hedge Nettle Xing.

107 Terrapin Trail

203 Yam Gandy Road

Savannah: Long Point Listed by: Ben Bluemle $1,350,000

Savannah: Historic District Listed by: Ben Bluemle $990,000

Savannah: Dutch Island Listed by: Ben Bluemle $629,900

Savannah: Dutch Island Listed by: Ben Bluemle $485,000

Savannah: The Landings Listed by: Stephanie Workman $479,900

512/514 Nicoll Street

12 Breezy Palm Way

111 Lincoln St. #2B

1 Briarberry Cove

171 Clover Point Circle

Savannah: Historic District Listed by: Nell Schroer $449,900

Savannah: Palmetto Row Listed by: Ben Bluemle $439,900

Savannah: Historic District Listed by: David D’arcy $439,900

Savannah: Dutch Island Listed by: Ben Bluemle $325,000

Guyton: Belmont Glen Listed by: Ben Bluemle $324,900

4746 Sunbury Road

85 Van Horne Ave. #10B

229 Village Drive

246 Pink Dogwood Lane

65 Wild Thistle Lane

Midway: Dutchman’s Cove Listed by: Tony Sawyer $299,000

Tybee Island: Lighthouse Point Listed by: Andrew Myers $289,999

Midway: The Village at Sunbury Listed by: Ben Bluemle $279,900

Pooler: The Arbors Listed by: Andrew Myers $279,900

Savannah: Dutch Island Buildable Lot Listed by: Ben Bluemle $279,900

5528 Garrard Ave.

321 W. Broughton st. #10

134 Ventura Place

124 S. Sheftall Circle

123 Forrest Avenue

Savannah: Metro Listed by: Ashley Fowler $275,000

Savannah: Historic District Listed by: David D’Arcy $269,900

Pooler: Berkeley Walk Listed by: Nell Schroer $230,000

Wilmington Island: Sheftall Cove Listed by: Andrew Myers $224,900

Savannah: Metro Listed by: Andrew Myers $219,900

702 Highgrove Ct.

224 Lemans Drive

813 Rosalie Court

204 Finn Circle

2 Quartz Way

Hinesville: Griffin Park Listed by: Ben Bluemle $219,900

Bloomingdale: Auriga Farms Listed by: Cindy Harney $199,900

Rincon: Maria Place Listed by: Nell Schroer $199,900

Savannah: Laurel Oaks Listed by: David D’Arcy $159,900

Savannah: Stone Lake Townhomes Listed by: Nell Schroer $142, 000

2055 E 41st Street

2204 Utah Street

49 Wesley Street

2801 Old River Road

7505 Waters Ave. #A-7

Savannah: Midtown Listed by: David D’arcy $139,900

Savannah: Metro Listed by: Andrew Myers $129,900

Savannah: Southside Listed by: Leron Mitchum $129,900

Sylvania: 10 Acre Property Listed by: Nell Schroer $125,000

Savannah: Commercial Property Listed by: Ben Bluemle $84,900

Contact information for all listing agents on back cover of this paper. Listing prices and availablility are accurate as of 7/8/2020.

Visit www.seaportrealestate.com for an up to date list of all Seaport Real Estate Group’s current inventory and to search for all available properties in the greater Savannah area.

Welcome,

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TORI SHEFFIELD

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R E A LT O R ®

Tori’s drive for real estate is palpable and hasn’t gone unnoticed. With 17 years dedicated to the industry, she has gained respect, and built relationships all throughout the low country. Born in Savannah and remained a native, Tori is well versed with the Savannah area, making her uniquely qualified to help other families locate their dream home.

Somewhere between a seven day work week, Tori spends her free time playing tennis, and whipping up a meal for her family, it’s probably best that she loves to cook since she is a mother of 4! A family woman who knows the true value of home. Tori is the ultimate asset when it comes to finding your place in the world.

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F I N D Y O U R P L A C E AT S E A P O R T. Excellerate your business with Seaport. Our agents are being offered more now, than ever before. With individualized marketing support, listing, contract & closing coordination, Seaport lets you do what you do best, Sell homes and build your client base.

To learn more about joining as a Seaport agent visit us at: seaportrealestate.com

Selling your home can be a stressful process on you & your family. For an easier way to sell your home, visit instantoffersavannah.com to receive an instant cash offer on your home. *SUBJECT TO TERMS AND CONDITIONS

“You can count on McManamy Jackson to be thorough, courteous and very knowledgeable.

They provide great explanation to the matters of concern and make the process of closing pleasant.”

R U T H I E LY N A H

Savannah Office

4 1 5 E I S E N H O W E R D R I V E , N O. 1 S AVA N N A H , G A 3 1 4 0 6

Richmond Hill Office 2 5 9 1 U S H I G H W AY 1 7 RICHMOND HILL, GA 31324

OFFICES

Rincon Office

5 7 1 9 G A H I G H W AY 2 1 S RINCON, GA 31326

Office Phone 912.691.0943

Specializing in residential & commercial real estate transactions.

05

Website

W W W. M J L A W P C . C O M

C O N TA C T

TURNING HOUSES INTO HOMES 10 DO’S & DON’TS WHILE WE’RE PROCESSING YOUR MORTGAGE LOAN: 1. Do not fail to disclose debts you owe. (Payments to IRS, Child Support, Alimony) If anything new shows up during the processing of your loan, it could change the circumstances of your loan.

2. Do not apply for new credit.

3. Do not make major purchases before closing.

4. Do not co-sign a loan for anyone.

5. Do not close any existing credit or bank accounts.

6. Do not stop paying your bills or get behind on your bills. Even your mortgage if refinancing.

7. Avoid changing jobs.

8. Save your money until after closing, as you will need to have enough money for your down payment, closing cost, and possibly reserves.

9. Do not borrow money or make bank deposits larger than your usual paycheck.

3495 Piedmont Road NE | Building 12, Suite 420 | Atlanta GA 31305 Office: 404.835.6501 | Fax: 404.941.3437 Summitfundingadvisors.com

NMLS CO #947748 | GEORGIA RESIDENTIAL MORTGAGE LICENSEE #35285 | AL CO #22549 | FL CO #MLD1451

10. Do not deposit cash into your bank accounts.

06

Meet our team.

A C O M M U N I T Y B U I LT O N TA L E N T

Ben Bluemle

Tony D’Aguillo

David D’Arcy

Ashley Fowler

Kelly Foley

Taylor Haas

Cindy Harney

Ryan Johnson

Laura Liverman

Skye Mills

BROKER | OWNER 912.202.2042

A G E N T S U C C E S S D I R E C T O R | R E A LT O R ® 912.202.2042

R E A LT O R ® 912.421.9698

R E A LT O R ® 843.338.9087

R E A LT O R ® 912.604.5977

R E A LT O R ® 912.228.1243

R E A LT O R ® 912.323.3022

R E A LT O R ® 912.661.6647

R E A LT O R ® 912. 429.2696

MARKETING DIRECTOR 912.202.2042

https://www.wjcl.com/article/ could-wearing-masks-in-savannah-soon-be-mandatorymayor-city-attorney-to-discuss-plans/32936813#

Leron Mitchum

Andrew Myers

Karen Oldland

Chris Ryan

Veronica Ryan

Cole Rossiter

Dawn Stahl

Chase Stahl

Tony Sawyer

Nell Schroer

Ebony Simmons

Tori Sheffield

Stephanie Workman

Jeff Young

R E A LT O R ® 912.596.7551

R E A LT O R ® 912.224.3170

R E A LT O R ® 912.436.9293

R E A LT O R ® 912.659.0299

R E A LT O R ® 724.640.5949

R E A LT O R ® 912.777.9234

R E A LT O R ® 912.224.4400

R E A LT O R ® 912.800.1321

R E A LT O R ® 912.344.8136

Are you currently renting?

You may qualify to own a home for the same amount or LESS than what you are paying in rent each month.

Contant us today to find out more about becoming a homeowner.

912.202.2042

R E A LT O R ® 912.312.2147

R E A LT O R ® 843.812.4974

R E A LT O R ® 912.658.5172

R E A LT O R ® 912.677.9335

R E A LT O R ® 313.401.5511

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