Is Wilshire Estates / Savannah Mall / Tranquilla Woods, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilshire Estates / Savannah Mall / Tranquilla Woods is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Wilshire Estates / Savannah Mall / Tranquilla Woods has remained a Seller's Market.

Key Takeaway

Wilshire Estates / Savannah Mall / Tranquilla Woods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wilshire Estates / Savannah Mall / Tranquilla Woods, GA

How much do homes in Wilshire Estates / Savannah Mall / Tranquilla Woods, GA cost?

Median Sold Price

$257,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+13.2%)

Key Takeaway

Homes in Wilshire Estates / Savannah Mall / Tranquilla Woods have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Wilshire Estates / Savannah Mall / Tranquilla Woods was $257,500 in November 2024, up 13.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150.3K$155K
+3.1%
2 $157K$228.5K
+45.5%
3 $237.5K$266.9K
+12.4%
4 $250K$303.5K
+21.4%
5+ $275K-
N/A

Summary: Wilshire Estates / Savannah Mall / Tranquilla Woods housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 45.5%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Wilshire Estates / Savannah Mall / Tranquilla Woods
+13.2%
Wilshire Estates
+12.0%

Housing Supply in Wilshire Estates / Savannah Mall / Tranquilla Woods, GA

How many homes are available in Wilshire Estates / Savannah Mall / Tranquilla Woods, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2320-13.0%

Summary: The Wilshire Estates / Savannah Mall / Tranquilla Woods real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1511
-26.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The Wilshire Estates / Savannah Mall / Tranquilla Woods housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilshire Estates / Savannah Mall / Tranquilla Woods, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Wilshire Estates / Savannah Mall / Tranquilla Woods in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Wilshire Estates / Savannah Mall / Tranquilla Woods, GA

How long does it take to sell a home in Wilshire Estates / Savannah Mall / Tranquilla Woods, GA?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wilshire Estates / Savannah Mall / Tranquilla Woods are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Wilshire Estates / Savannah Mall / Tranquilla Woods; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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MLS Disclaimers and Copyright

Based on information from Savannah Multi-List Corporation, and Georgia MLS for the period 12/01/2022 - 12/01/2024

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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