Category Archives: Savannah Luxury Homes

Huge $363,000 Price Cut on Historic Savannah Bed and Breakfast!!!

217 E. Gaston St., Savannah, GA

Historic Gaston, Historic Savannah Bed and Breakfast!!!

217 E Gaston St, Savannah, GA 31401

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Own a piece of Savannah History and Grace in this Lavish 1860 built home on one of Savannah’s most sought after locations…Gaston Street!

Why this home is awesome.

When you enter this sophisticated 155-year-old home you will feel like you stepped back in time, even though the home has been completely renovated and updated and is pristinely kept. Extreme Elegance everywhere you turn. Stunning moldings and fixtures. Beautiful doors and mantles. Lavish furnishings and decor. Truly fit for a king!! This Historic home is currently being used as an elegant bed and breakfast featuring 5 gorgeous bedroom suites situated one block from Forsyth Park. The home is sold with or without the furnishings or pick out what would fit your tastes. It has been a working B & B for 9 years. The owner has put over $1.4 million into the restoration of this home. Their loss can be your gain!

For more information or for more photos contact us! To see this listing or any other listing we have in the same area go to My Home Savannah website.

To watch a video slideshow of this property CLICK HERE or see below…

Logo Color Ed and Lisa

“Let our family help your family find the way home!”
email: [email protected] website: savannahsouthernliving.com

Copyright 2015 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

18 Rockwell Avenue – Luxury Waterfront Living At Its Finest!


Savannah Luxury Waterfront Living At Its Finest!
18 S Rockwell Ave, Savannah GA 31419
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Enjoy Savannah Luxury waterfront living at its finest in this exquisite European/Spanish style estate with luscious, sprawling grounds on 250 feet of the Intracoastal Waterway on the Vernon River. The magnificent property include a 3800-plus-square-foot main residence, an 800-square-foot 2-bedroom, 1-bath poolside cottage — perfect for your au pair or nanny — and a 555 square-foot 1 bedroom, 1 bath house overlooking the deep water dock on a total of 3 acres. Also includes boat slip and boat lift.

Fall in love with the breathtaking views and end your days sipping your favorite drink as the sun slowly fades into the salt marshes!

LUXURY LIVING at its finest, with spectacular views on deep water with private covered dock, boat slip, boat lift, and boat house. This property features an impressive main home of European/Spanish style as well as an apartment/in-law suite, for a total of 5 bedrooms and 4 1/2 baths. BREATHTAKING!!

We have 150+ pictures of this amazing house – contact us for more photos!To see this listing in the waters or any other listing we have in the same area go to www.myhomesavannah.com.

To see a video of the home CLICK HERE or see below…


design elementLogo Color Ed and Lisa

“Let our family help your family find the way home!”
email: [email protected] website: savannahsouthernliving.com

Copyright 2015 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

Savannah Homes – Living in Luxury

Thank you to the Savannah Morning News for doing a wonderful piece on our Luxury Listing at 18 Rockwell Avenue in the Sunday paper!  It is truly an amazing, one-of-a kind property!

To read the full article
just click on the picture.

To view more pictures and information on the home go here.

You can also see more of the home by watching this video.

To view more pictures and information on 18 Rockwell Avenue or other Savannah Luxury Homes click here.

6 Reasons You Should Sell Your Home Now

shutterstock_23503294It’s been an extra hot summer, but it’s almost over (at least for kids going back to school). Home sales have also  been hot this summer and that’s one of the reasons why now is the time to sell your home. Here’s a few more reasons why there’s “no time like the present” if you’re thinking of listing and selling your home.

1. Buyer Demand Is White Hot

One of the ways to measure buyer demand is to look at foot traffic. This refers to the number of people who are physically out browsing homes for sale. The most recent foot traffic data shows that more prospective buyers are looking at homes right now than at any point in the last two years.

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Obviously, the best time to sell is when buyers are hungry to buy and this stat shows that there’s a huge number of buyers ready to find and buy a new home.

2. Inventory Levels Have Dropped

This means sellers  face less competition than they used to. In fact, The National Association of Realtors recently found that housing supply (or inventory) has fallen to 5.0-month of supply across the nation. This is considered a sellers market — a normal (or balanced market)  has 6 months of inventory. When a inventory levels reach seven months  and beyond, the market is in the buyer’s favor.

Since there are fewer homes to choose from, your home has a better chance of being noticed and sold.

3. Demand is Pent Up

Many homeowners wanted to move years ago, but they had negative equity in their homes. Now that housing sales and values have increased, they’re in a better position to sell an old home and buy a new one.

As their equity grows, more will sale. That means you’ll have more competition in the future.

4. Home Prices Are Appreciating Again

In a recent report, RealtyTrac, noted that sellers (in 2015) have seen the biggest gains in home appreciation since 2007. In June, sellers also averaged a sell price above estimated market value for the first time in two years.

5. Prices Should Keep Going Up

If you plan to upsize (sell and buy a bigger, more expensive house) you will probably pay more in the future than you will right now.  Some real estate experts expect prices to increase nearly 20% by 2019.

View all Savannah area homes for sale. 

6. Higher Interest Rates = Less Buying Power

Interest rates also sit at historic lows, but many think that will end soon. Some lenders expect a 1 percentage point increase over the next year (from 4% to 5%). So if you sell and buy later, you’ll spend more because your buying power will have decreased.

Ed and Lisa Yannett, Keller Williams Realty

List Your Home for Sell Today

Call us today at 912-844-9000 and we can evaluate the value of your home. In fact, we have some buyers just waiting for the right home to come on the market. Maybe it’s yours.

Contact us via email. 

Thanks to Everyone Who Joined Us at the Broker Open House

Wow. I had a fantastic time Tuesday at the Broker’s Open House with Judy McDougal, Stewart Marshall and Tommy Reese. It was also great seeing the 20 plus agents who came by to view four of Savannah’s most beautiful homes.

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Okay, so we’re real estate agents not professional photographers. But everyone had a good time and Selina Solitario from Keller Williams won the prize!  The Bellamy painting!

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If you didn’t have a chance to get by, you can see the homes on the tour below.

Vernonburg Brokers Open (2)

 

See What $750,000 Can Buy You In Savannah

What $750,000 Buys You Across the U.S.
Click to View Slide Show

I came across this slide show earlier in the week and I thought it would be interesting to compare these $750,000 homes across the nation, to ones you could find here in Savannah.

So I went through Keller Williams featured listings and selected a few homes in the $700,000 to $800,000 range.

(You can view all Savannah homes for sale in that price range here.)

Let’s look at three in particular from three different areas around Savannah — Pooler/Chatham, Southside/Burnside Island and Tybee Island.

I’ll start with one of my listings in the prestigious Westbrook neighborhood at Savannah Quarters in Pooler/West Chatham and then share a couple listed by other realtors.

309 Spanton Crescent, Pooler, 31322

This home built for $925,000, should really be in a higher price range, but the owner is moving to another state and is willing to sacrifice it for $749,000.

Let’s take a look.

309 Spanton Crescent, Westbrook, Savannah Quarters
309 Spanton Crescent, $749,000

 

309 Spanton Crescent Gourmet Kitchen
Spectacular Gourmet Kitchen

 

Screen Shot 2015-03-29 at 8.12.53 AM
Huge 3-Car Garage for Vehicles or Storage Space
Spacious Living Area Filled With Natural Light
Spacious Living Area Filled With Natural Light

 107 Melinda Circle, Burnside Island, 31406

107 Melinda Circle, $699,000
107 Melinda Circle, $699,000
Screen Shot 2015-03-29 at 8.16.25 AM
Beautiful Open View of Salt Marshes

 

Gorgeous Gourmet Kitchen

 111C San Marco Drive, Tybee Island, 31328

111C San Marco Drive, $789,900
111C San Marco Drive, $789,900
Sun Porch Overlooking the Marsh
Sun Porch Overlooking the Marsh
Screen Shot 2015-03-29 at 8.20.28 AM
Sunroom With an Amazing View

Contact Me for More Information

If you think these photos look fabulous, wait until you take a stroll through the luxurious homes in person. I’d love to take you on a tour of any — or all — of them. Call me 912-844-9000 and we’ll set something up. Or you can send me an email and I’ll reach out to you.

View all Savannah luxury homes over $500,000.

Savannah Luxury Home Sales ($500K to $1M+) for 2014

Savannah Luxury Home Report 2014 Year EndSavannah, GA home sales for 2014 came in 4.9 percent higher than in 2013 and 15.9 percent than in 2012 .

View all Savannah Luxury Listings now.

Here’s a look at a chart that shows monthly home sales compared to previous years.

Savannah Home Sales 2014

Savannah Home Monthly Sales 2014

In 2014, more Savannah homes sold in eight of the twelve months compared to 2013 and 2012 numbers. Sales were down slightly in July and October, the same in August, and over 50 units short in April.

Savannah Monthly Home Sales 2014Savannah Home Sales By Quarter

Fourth quarter sales improved by 2.3% over 4Q sales in 2013 — 11.2% higher than 4Q 2012.

Savannah Homes Sales for 2014 (By Quarter)

Savannah Luxury Home Sales priced from $500K to $1M+

If you look at the chart below, you’ll notice that two of the three luxury price tiers saw increase number of homes sold. Only one — $500K-$749K — saw decreases.

The $1M+ price range rose 300 percent, as 9 homes sold for $1 million dollars or more compared to 3 in 2013.

Sales in the $750K to $999K tier climbed 30 percent, as 13 homes sold compared to 10 in 2013.

Savannah Home Sales 2014 by Price Range

Savannnah Luxury Homes — Days on the Market (DOM)

All three luxury price tiers saw declines in the number of days the homes were on the market before they sold.

The $500K to $749K segment was cut in half — from 199 days (2013) to 98 days (2014), while the $1M+ range reduced its DOM by nearly 150 days.

The $750K to $999K held steady — decreasing slightly from 225 days to 224.

Savannah Home Sales 2014 Days on the Market

Savannah Luxury Homes — Price Reductions

In the top three price ranges, only Savannah homes selling for a million dollars or more saw a greater need to reduce prices than in 2013.

Both the $500K-$749K and $750K-$999K segments saw the percentage of price reductions drop compared to 2013 numbers.

Savannah Home Sales Price Reductions 2014

Luxury Homes — Buyer’s or Seller’s Market?

A buyers market exists when the inventory of homes on the market is above 7 months, while a seller’s market exists when the inventory is less than 6 months.

A balanced market exists when inventory is 6 to 7 months.

If you plan to buy a luxury home in the Savannah area conditions are currently in your favor. The $500K-$749K price segment has 21 months of inventory , the $750K-$999K range has 25.5, and the $1M+ price tier stands at 29 months of inventory.

Savannah Home Sales - Sellers or Buyers Market

Looking for a Savannah Luxury Home?

I’d love to work with you. I am well-versed in the ins and outs of the Savannah luxury market and can provide you the attention and expertise you need to find a local luxury home that your unique needs and wants.

Call me today at my personal number — 912-844-9000 — or email me at [email protected] and we’ll get started.

You can also view all our luxury home listings myhomesavannah.com.

How Much Is My savannah Home Worth?

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