The Seaport Paper Q3 2020 MARKET REPORT
1 Judson Court Savannah, GA 31410 Photographed By: Melissa Newsome
Why Should I Sell?
Market Watch
W H Y N O W I S A G R E AT T I M E T O S E L L Y O U R H O M E .
REAL ESTATE IN YOUR NEIGHBORHOOD
P4
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
P1&2
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Q3 Market We are in one of the most unique markets I have ever seen. Nationwide, we are experiencing a 35% drop in listed inventory at the beginning of the 4th Quarter of 2020 vs 2019. If you have ever considered selling, now is a great time, as you may be able to capitalize on this incredibly strong market. At the same time, we are experiencing some of the lowest interest rates in years so now may be the time to capitalize on a new home purchase with interest rates as low as 2%. Ben Bluemle
31401: Historic District
106
108
31404: East Metro Savannah
123
68
31405: Ardsley Park / Midtown
194
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
$4.25M
$527,335
$1.25M
$223,523
$900,000
Average Sale Price
Max Sale Price
$303,106
$291
$138
$245
$143
Max Sale Price
$544
Max Price Per SQFT
Average Sale Price
$272
Average Price Per SQFT
31328: Tybee Island
103
Max Sale Price
Max Price Per SQFT
Average Price Per SQFT
Max Price Per SQFT
31407: Port Wentworth
184
171
69
Average Sale Price
Average Price Per SQFT
31322: Pooler
217
86
Number Of Homes Sold
Average Days On Market
Number Of Homes Sold
Average Days On Market
Number Of Homes Sold
Average Days On Market
$3M
$530,781
$341,000
$213,153
$718,000
$253,366
$614
$318
$158
$108
$182
$117
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 Q3 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
168
Number Of Homes Sold
88
Average Days On Market
31410: Wilmington Island
186
Average Days On Market
$2.1M
$333,798
$1.725M
Average Sale Price
Max Sale Price
$572,365
$160
$356
$170
Average Sale Price
Max Sale Price
$672
$137
$374
Average Price Per SQFT
100
Number Of Homes Sold
$277,636
Max Price Per SQFT
114
Average Days On Market
Number Of Homes Sold
$1.29M
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
325
Number Of Homes Sold
103
Average Days On Market
118
Number Of Homes Sold
Average Days On Market
Number Of Homes Sold
Average Days On Market
$1.74M
$305,861
$525K
$255,042
$1.4M
$220,561
$1,197
$129
$223
$117
$314
$117
417
Max Sale Price
Max Price Per SQFT
Average Sale Price
Average Price Per SQFT
Max Sale Price
Max Price Per SQFT
65
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 Q3 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.
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Average Sale Price
Average Price Per SQFT
Featured Listings
Start your free home search today at seaportrealestate.com.
62 Waterway Drive
430 Habersham St.
173 Demeries Lake Lane
49 Tidewater Road
1124 Dean Forest Road
Savannah: The Landings Listed by: Ben Bluemle $985,000
Savannah: Historic District Listed by: Ben Bluemle $845,000
Richmond Hill: Demeries Lake Listed by: Ben Bluemle $698,888
Savannah: Isle Of Hope Listed by: Ben Bluemle $559,900
Savannah: Multi Home Property Listed by: Andrew Myers $524,900
495 Tivoli Marsh Road
203 Yam Gandy Road
449 Peachtree Drive
12 Breezy Palm Way
111 Lincoln Street #2B
Richmond Hill: Tivoli Marsh Listed by: David D’Arcy $479,900
Savannah: The Landings Listed by: Stephanie Workman $479,900
Rincon: Southern Hills Listed by: Nell Schroer $469,900
Savannah: Palmetto Row Listed by: Ben Bluemle $439,900
Savannah: Historic District Listed by: David D’Arcy $439,900
12 Mercer Road
171 Clover Point
713 Jackson Boulevard
229 Village Drive
65 Wild Thistle Lane
Savannah: The Landings Listed by: Ben Bluemle $349,000
Guyton: Belmont Glen Listed by: Ben Bluemle $319,900
Savannah: Oakdale Listed by: Karen Oldland $289,900
Midway: The Village at Sunbury Listed by: Ben Bluemle $279,900
Savannah: Dutch Island Buildable Lot Listed by: Ben Bluemle $279,900
5528 Garrard Ave.
1801 Ash Street
6 Holly Springs
212 Screven Avenue
107 Black Pine
Savannah: Metro Listed by: Ashley Fowler $275,000
Savannah: Metro Listed by: David D’Arcy $239,900
Port Wentworth: Lake Shore Listed by: Cindy Harney $199,400
Savannah: Twickenham Listed by: Andrew Myers $179,900
Springfield: Shadowbrook Listed by: Nell Schroer $183,500
Lot #9 White Branch Road
523 E 39th Street
303B Moore Avenue
204 Finn Circle
514 Nicoll Street
Guyton: Lot Listed by: Nell Schroer $175,000
Savannah: Midtown Listed by: Ben Bluemle $164,900
Pooler: Old Town Listed by: Cindy Harney $149,900
Savannah: Laurel Oaks Listed by: David D’Arcy $159,900
Savannah: Historic District Listed by: Nell Schroer $145,000
75 Knollwood Lane
113 Berwick Lakes Boulevard
49 Wesley Street
107 Brown Pelican Drive
7505 Waters Ave. #A-7
Savannah: Southside Listed by: Leron Mitchum $129,900
Savannah: Vernon River Plantation Listed by: Ben Bluemle $109,900
Savannah: Commercial Property Listed by: Ben Bluemle $84,900
Savannah: Southside Listed by: Andrew Myers $129,900
Pooler: Berwick Lakes Listed by: Ben Bluemle $129,900
Contact information for all listing agents on back cover of this paper. Listing prices and availablility are accurate as of 10/1/2020. 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.
Sell your home. We are in one of the hottest real estate markets we have seen in years. If you are curious what your home is worth, give one of our agents a call. 912.202.2042.
Agent Spotlight David D’Arcy moved to the Savannah/Hilton Head area in 1992. Since arriving, David has had many experiences as a bartender, restaurant manager/owner, tour guide and is now an experienced Real Estate Agent. He has started his 15th year in the industry. Originally from the Syracuse area, David has made Savannah his home and is an active member of the Savannah St. Patrick’s Day Parade Committee. David has two degrees in history; a Bachelor of Arts from the State University of New York at Oswego and his Masters at Georgia Southern. He has also published three books on the Civil War. David specializes with first-time home buyers, military buyers, sellers, vacation/second homes, investors, short sales/foreclosures and commercial properties. He also keeps up to date with social media and new technologies to help his buyers find their perfect property or trying to get the seller’s their asking price. David keeps in contact with his clients which enables him to reconnect and represent them again, either on the buying side or selling side of the real estate transaction. For enjoyment, he likes to explore battlefields and historic sites, visit both Major/Minor League Baseball stadiums, participate in living histories, golf, travel, cooking, and entertaining.
David D’Arcy R E A LTO R ® 843.338.9087 daviddarcy@seaportrealestate.com
“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.
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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.
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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
Joseph Loughney
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 ® 912.228.1243
R E A LT O R ® 843.338.9087
R E A LT O R ® 912.604.5977
R E A LT O R ® 912.323.3022
R E A LT O R ® 912. 429.2696
R E A LT O R ® 912.661.6647
R E A LT O R ® 912.271.6941
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
Chris Tower
Tucker Tingle
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 ® 912.777.9234
R E A LT O R ® 912.224.4400
R E A LT O R ® 724.640.5949
R E A LT O R ® 912.800.1321
R E A LT O R ® 912.656.5539
We’d love to hear from you. Building relationships means everything to us at Seaport. If you’ve had a great experience with Seaport would you mind taking 60 seconds and leaving us a review on google?
Stephanie Workman R E A LT O R ® 912.344.8136
Just search “Seaport Real Estate” on Google, and click “Reviews.”
R E A LT O R ® 912.312.2147
R E A LT O R ® 843.812.4974
R E A LT O R ® 931.242.6463
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