Community Marketing & Real Estate
Landings real estate values are up!
Realtor.com has rated the top 300 metro areas in the country by hottest real estate markets (www.realtor.com/research/reports/hottest-markets/). And as you can see in the chart at right, Savannah ranks #209 in its April 2021 analysis.
You might wonder what is happening with median home values in The Landings vs. Savannah overall, in the $250,000 and up price range for single family and townhomes, a similar mix to our homes on the island. As you look at the second chart on the right, I submit that two causes are behind the rapid acceleration of our values. One is the increasing desirability of our community, which has been accelerated by the pandemic. The second is the impact of the Company’s national marketing in drawing larger numbers of buyers from outside the area with higher economic demographics. This impacts absolute value as well as the mix of homes being purchased, in that more and more are over $750,000.
The inventory of available homes on the market continues to be a major determining factor in 2021’s success, and for the first time in my seven years plus, we have large numbers of buyers just waiting to find the right home.
If you are interested in selling your home and want the absolute highest and best likelihood of a sale, please call us today (912-598-0500). We have buyers in all price ranges who have decided to make The Landings their home but the home they are looking for is not yet on the market or has been sold before they could even look at it. We would love to have your listing to show them!
Lastly, we believe it’s time to celebrate our newfound freedoms as the pandemic winds down, celebrate the island’s real estate successes, and show our appreciation for your support. On June 17, The Landings Company invites you to our first-ever Landings Company Lawn Party at Landings Harbor. We hope to see you there!The Landings Company is 100% self-funded and can only continue with your support when selling your home, referring friends and family, or renting your home. Thank you again for your support this year. Please join us at the Harbor June 17!
Your Company, The Landings
This article was originally published by The Landings Association on their website. Visit landings.org to read the original article. https://landings.org/news/2021/06/01/community-marketing-real-estate