Thursday, June 28, 2007

The Savannah Condo Market

Today, condominiums are more popular than ever in Coastal Georgia and South Carolina. Hilton Head Island and other resort areas have always offered condos as affordable ways to own property near the beach. Now urban locales such as Savannah are getting into the game. Savannah has enthusiastically embraced condo culture, with conversions, renovations and new construction resulting in exceptional lofts and condos for every budget.

In June, there were nearly 300 condos listed for sale in the Historic District of Downtown Savannah. Cora Bett Thomas Realty & Associates sold 27% of all condos in the Historic District in 2006. With many new developments on the way, the condo market will only improve, and become even more vibrant and exciting than it already is.

The condo lifestyle is attractive to people in many walks of life, from students to retirees, young professionals to investors. Condos are generally low-maintenance, often have many amenities, and are positioned in great locations. Options in Savannah are varied for every taste, including loft-style studios with modern finishes, renovated Victorians with old-world charm, and luxury residences with city or water views.

If you’re looking to buy, be sure to check out our Condo Gallery for information on condos for sale in Savannah!

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