Seaport Quarterly: Q4 2020 Edition

The Seaport Paper Q4 2020 MARKET REPORT

Market Watch

Seaport Office F I R S T LO O K AT S E A P O R T ’ S N E W H O M E O F F I C E 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

REAL ESTATE IN YOUR NEIGHBORHOOD P1&2

POSTAGE GOES HERE

Q4 Market Q3 Market “2020 will go down as a year in history that none of us will forget. At the beginning of the global pandemic, the real estate market showed signs of a complete collapse. However just weeks after the initial alert of the pandemic our local and national real estate market quickly became one of the strongest real estate markets, we have seen in US history. Ending 2020 we had some of the lowest interest rates, coupled with the lowest listed inventory that we have ever seen. This will propel us into what we are projecting to be a continual strong real estate market throughout the entirety of 2021.”

Ben Bluemle

31401: Historic District

106

110

31404: East Metro Savannah

93

69

31405: Ardsley Park / Midtown

173

92

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

$2.8M

$510K

$950K

$235.6K

$1.17M

Average Sale Price

Max Sale Price

$323.4K

$326

$135

$246

$147

Max Sale Price

$568

Max Price Per SQFT

Average Sale Price

$279

Average Price Per SQFT

31328: Tybee Island

70

Max Sale Price

Max Price Per SQFT

Average Price Per SQFT

Max Price Per SQFT

31407: Port Wentworth

169

281

74

Average Sale Price

Average Price Per SQFT

31322: Pooler

212

90

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

$540.5K

$410K

$211.6K

$799.9K

$288K

$625

$322

$203

$108

$245

$127

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 Q4 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 Update 31406: Vernonburg / Islands

111

Number Of Homes Sold

76

Average Days On Market

31410: Wilmington Island

147

Average Days On Market

$6.8M

$383.1K

$1.9M

Average Sale Price

Max Sale Price

$588K

$171

$323

$178

Average Sale Price

Max Sale Price

$279

$130

$568

Average Price Per SQFT

110

Number Of Homes Sold

$276.9K

Max Price Per SQFT

189

Average Days On Market

Number Of Homes Sold

$1.17M

Max Sale Price

77

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

253

Number Of Homes Sold

89

Average Days On Market

128

Number Of Homes Sold

Average Days On Market

Number Of Homes Sold

Average Days On Market

$2M

$299.9K

$565K

$259K

$600K

$216.5K

$326

$127

$181

$118

$263

$115

311

Max Sale Price

Max Price Per SQFT

Average Sale Price

Average Price Per SQFT

Max Sale Price

Max Price Per SQFT

59

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 Q4 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.

430 Habersham St.

2 Islewood Lane

175 Yam Gandy Road

495 Tivoli Marsh Road

14 Morningside Lane

Savannah: Historic District Listed by: Ben Bluemle $845,000

Savannah: The Landings Listed by: Ben Bluemle $795,000

Savannah: The Landings Listed by: Matthew Waters $575,000

Richmond Hill: Tivoli Marsh Listed by: David D’Arcy $489,900

Savannah: Land / Lot Listed by: Andrew Myers $395,000

65 Wild Thistle Lane

1801 Ash Street

551 Archer Road

2515 Whitemarsh Way

426 Lawton Avenue

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

Savannah: Live Oak Listed by: David D’Arcy $229,900

Guyton Listed by: Nell Schroer $194,000

Savannah: Merrit at Whitemarsh Listed by: David D’Arcy $159,900

Savannah Listed by: Andrew Myers $149,900

1510HabershamStreet

1506 Habersham Street

Lot #2 Low Ground Road

7505 Waters Ave. #A-7

Pooler Promenade

Savannah: Downtown Listed by: Ben Bluemle $129,900

Savannah: Downtown Listed by: Ben Bluemle $129,900

Guyton: Effingham Listed by: Nell Schroer $109,900

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

Office Space Available For Lease Listed by: Ben Bluemle Contact for More Information

Under Contract Listings

Start your free home search today at seaportrealestate.com.

752 Chastain Circle

612 Majestic Drive

117 Aquaduct Drive

140 Greyfield Circle

404 Riverview Drive

Richmond Hill: Buckhead North Listed by: Elizabeth Waldorf $775,000

Guyton: Buckingham Plantation Listed by: Cindy Harney $336,900

Rincon: Staffordshire Estates Listed by: Ashley Fowler $319,000

Savannah: Cumberland Point Listed by: Ben Bluemle $285,000

Savannah: Marsh Front Listed by: David D’Arcy $259,900

512 Barberry Drive

404 Banberry Court

107 Cherry Oaks

106 Elizabeth Court

1323 Whitfield Park Drive

Savannah: Southside Listed by: Andrew Myers $255,900

Guyton: Park West Listed by: Cindy Harney $214,900

Springfield: Shadowbrook Listed by: Nell Schroer $195,000

Guyton: Archer Place Listed by: Cindy Harney $195,000

Savannah: Whitfield Park Listed by: Ben Bluemle $195,000

Contact information for all listing agents on back cover of this paper. Listing prices and availablility are accurate as of 2/1/2021.

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.

COMING SOON

FUTURE HOME OF

SEAPORT REAL ESTATE

Nell Schroer

SEAPORT 2020 AGENT OF THE YEAR

Nell Schroer is a native of South Georgia, spending her childhood playing in a pecan orchard in Coffee County. After living in North Carolina, Virginia, and Tanzania (yes, Africa!), her deep love of “home” landed her in the Savannah area in 2014. “I grew up visiting Savannah frequently. I have family on Burnside Island, so I spent many summers playing in the river and on Tybee Beaches.” Nell has been helping clients buy and sell property in the Savannah area since 2017. “What do I love about Real Estate?

I never stop learning. I am a learning junkie!” Nell also loves developing relationships with all of her clients. “It’s my favorite part of the transaction. I love spending time with my families. They often become friends.” Clients continue to refer Nell well beyond the transaction because of her “patience, area knowledge, and ability to close the deal,” says Crystal, who bought a house with Nell in 2018.

Nell is active in her community and has held leadership positions as Hospitality Chair of Pooler MOPS (Moms of Preschoolers), is the incoming President of the local Kappa Kappa Gamma Alumnae Association and a life coach! She is also a member of the Savannah Area Realtor’s Distinguished Sales Society. Nell and her family enjoy traveling around the Southeast with their pop up camper and going to auctions.

She and her family reside in Effingham County.

“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.

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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 BROKER | OWNER 912.202.2042

Cindy Harney R E A LT O R ® 912.228.1243

Tony D’Aguillo R E A LT O R ® 912.421.9698

Ryan Johnson R E A LT O R ® 912.604.5977

David D’Arcy R E A LT O R ® 843.338.9087

Laura Liverman R E A LT O R ® 912. 429.2696

Ashley Fowler R E A LT O R ® 912.323.3022

Joseph Loughney R E A LT O R ® 912.271.6941

Taylor Haas

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

Skye Mills

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

Anna Sizemore

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

Stephanie Workman R E A LT O R ® 912.344.8136

R E A LT O R ® 912.659.0299

R E A LT O R ® 912.777.9234

R E A LT O R ® 256.466.0167

Matthew Waters R E A LT O R ® 912.536.6308

R E A LT O R ® 724.640.5949

R E A LT O R ® 912.800.1321

Tori Sheffield R E A LT O R ® 912.224.4400

Ally Wentworth

D I G I TA L M A R K E T I N G A S S I S TA N T 912.202.2042

R E A LT O R ® 912.312.2147

R E A LT O R ® 843.812.4974

Chris Tower R E A LT O R ® 912.656.5539

Jeff Young R E A LT O R ® 313.401.5511

R E A LT O R ® 912.658.5172

R E A LT O R ® 912.677.9335

Tucker Tingle R E A LT O R ® 931.242.6463

Looking For a Change?

CALL US! 912.202.2042