Is Wilshire Estates / Savannah Mall / Tranquilla Woods, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$235,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wilshire Estates / Savannah Mall / Tranquilla Woods have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Wilshire Estates / Savannah Mall / Tranquilla Woods was $235,000 in March 2024, up 14.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $165K | +53.5% |
| 2 Bedrooms | $161.2K | $207.5K | +28.7% |
| 3 Bedrooms | $217.9K | $242K | +11.1% |
| 4 Bedrooms | $260K | $257.5K | -1.0% |
| 5+ Bedrooms | - | $275K | N/A |
Summary: Wilshire Estates / Savannah Mall / Tranquilla Woods housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes increased by 28.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes did not change.
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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Wilshire Estates / Savannah Mall / Tranquilla Woods real estate market had 20 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wilshire Estates / Savannah Mall / Tranquilla Woods housing inventory by bedroom type for March 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 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilshire Estates / Savannah Mall / Tranquilla Woods, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Wilshire Estates / Savannah Mall / Tranquilla Woods in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Wilshire Estates / Savannah Mall / Tranquilla Woods, GA
We’re sorry, we don't have information for this market at the moment
