Savannah Ga Sales Statistics

In the last 12 months in Chatham County, 4442 single family homes have sold at an average sales price of $291,090. 4330 single family homes were sold in the previous 12 month period at an average price of $269,459. This is an increase in price of around 8%.

Condo sales actually went down from 370 sold in the previous 12 months to 352 sold in the last 12 month period – a reduction of 18 sales. The average price dropped, also, from 237,741 to 230,980.

There was an increase in townhomes sales from 451 to 516 in these same time periods, with an increase in average price from $258,370 to $268,834. This is 4% increase in price.

In general, Savannah is a good real estate market right now. I went through the 2007-2008 downturn, so I know good markets can stagnate from time to time, but the Savannah market ought to do well over the long run. I’ve lived here since 1996, and I’ve witnessed incredible changes in Savannah, Pooler, Richmond Hill, etc. As more people retire and move from the North East, or people come to find work or transfer, Savannah and the surrounding areas are great choices for many reasons — good weather, beautiful Historic Downtown Savannah, close to the ocean, not too big, not too little, great restaurants, a thriving art community, An ever expanding port/logistics/warehousing industry, great golf, fishing, on and on. I love it here.

 

 

Savannah Buyer Agent

Why buyer agency? For many home buyers, buyer agency is the perfect solution to home buying, especially if the home buyer is unsure about the process or just doesn’t have the time to gather information — also, if the buyer is from out of town, they don’t know the area, and it’s difficult to go from listing agent to listing agent. One buyer’s agent can take care of all the home buyer’s needs.

If you don’t know the difference between a buyer’s agent and a listing agent, see below:

As a buyer’s agent, I will:

I will fully explain the different types of agency in real estate so that you understand representation and fiduciary responsibility.

I will explain, in full, my responsibility to you as a buyer’s agent and show you how my representation will not cost you anything and may save you money.

I will inform you of each area in Savannah regarding appreciation, plans for growth, school systems, etc., and I will not keep negative information from you. I will do my best to help you make a fully informed decision.

I will give you recommendations as to which home inspectors are certified and do good work, which attorneys are experienced in real estate closings, which local lenders give good service at competitive costs, and recommendations regarding other services you may need.

I will absolutely maintain your confidentiality.

I will assist you in the qualification process with lender, if this is needed.

I will gather all your search criteria — size, areas, styles, age, floor plans, etc. — and make a file to begin the home-search process.

I will create an email based home-search program that draws directly from the Multi-List service, and I will also search For Sale By Owners.

I will perform a comparable analysis of any property you are interested in so that we determine if it is at fair market value.

I will disclose all negative information regarding the property.

I will help you negotiate the best price and conditions and prepare the contract if a decision is reached to purchase a particular home; and I will explain all the options the contract offers.

I will explain special stipulation options which will tighten the contract and protect your interests.

I will provide a list of contract requirements and the time-frame in which the requirements must be met.

I will participate in the home inspection process and help you negotiate any repairs that are needed.

I will work with the lender and closing attorney to ensure that the process is going smoothly and that all documents are received in a timely manner.

I will do a walk-through with you before closing to make sure that any needed repairs have been completed in a professional manner and no damage has been done to the home since the contract was written.

I will get a copy of the settlement statement before closing to determine if all the numbers work out according to the contract.

I will attend closing with a file of all signed documents in case a disagreement arises during closing.