September 2025 brought a noticeable shift in the Skidaway Island (31411) real estate market. Inventory surged with 63 homes listed, including 17 new listings in September alone, while 16 lots remain available. By contrast, only 11 homes went under contract during the month, signaling a slowdown in buyer urgency. At the same time, closings remained steady with 23 homes sold, nearly all within The Landings, which continues to dominate market activity.

The sales data tells a clear story. Homes ranged from $539,000 to $2.95 million, with an average closing price of $1,047,839 and an average of $326 per square foot. While values remain strong, sellers are seeing a gap between listing and closing prices, especially at the upper end of the market. Days on market are stretching longer too, averaging 38 days, which is a reminder that even in Skidaway’s luxury segment, overpricing can stall momentum.

The broader Savannah and Chatham County market reflects similar dynamics. Countywide, prices have flattened after years of rapid appreciation, while homes are taking 50–60 days on average to sell. Mortgage rates held around 6.3% in September, which continues to shape affordability. For Skidaway buyers, this combination of more inventory and stable rates means leverage is shifting in their favor. For sellers, the days of automatic premiums are fading — strategy, presentation, and realistic pricing are more critical than ever.

Looking ahead to Q4, the market’s trajectory will depend on whether inventory continues to build and how interest rates trend into the new year. If supply grows, buyers could gain even more negotiating power, particularly with listings that linger past 60 days. Sellers should be proactive, investing in presentation and setting pricing that matches the market rather than testing it. Buyers, on the other hand, should take advantage of increased choice and seek opportunities in properties that have been sitting.

Skidaway Island’s luxury real estate market remains resilient, but September made one thing clear: this is no longer a sprint. Both buyers and sellers now need sharper strategies to win in a more balanced, discerning market.