Executive Brief: Daily St. Simons Island Market Update

David Burton, Realtor® | Keller Williams Realty • August 29, 2026 7:12 AM • 187 Active Single-Family

Median Price $1,200,000
Active Single-Family 187 Listings
Average DOM 91.2 Days
$850,000 (+) Share ($850K+) 71.1% (133)
Today's Single-Family Movement: 3 New Listings (Sanctuary Cove $850K 1 ADOM, Rice Mill $1.15M 3 ADOM, Palm Harbor Road $2.15M 4 ADOM) • 4 Price Cuts (Serenity Lane $899K 128 ADOM, Sapelo Street $845K 59 ADOM, Virginia Drive $1,045,000 43 ADOM, Dorsey Circle $2,495,000 68 ADOM) • No Closed • Coming Soon Peachtree Street $1,135,000

Executive Market Takeaway

August 29 shows 187 active single-family at median $1.2M and 91.2 DOM. Three new listings at 1-4 ADOM and four price cuts at $845K-$1,045K and $2.495M waterfront create immediate buyer windows with no closings today indicating selective demand.

Market Interpretation: Critical Takeaways

With 71.1% at $850K+ (133 homes) and 39 at $2M+, luxury dominates but four price cuts today show $845K-$899K and $1,045,000 need repositioning. Sub-$850K is only 54 homes (21 under $650K + 33 $650K-$849K) offering velocity advantage. New listings at 1 ADOM (Sanctuary Cove $850K) prove fresh inventory gets attention. Sellers must price to $1.2M median and 91.2 DOM reality, not 150+ ADOM stale. Coming Soon at Peachtree Street $1,135,000 adds future pressure.

Single-Family Price Tier Active Listings Market Share
Under $650,000 21 11.2%
$650,000 - $849,999 33 17.6%
$850,000 - $1,999,999 94 50.3%
$2,000,000+ 39 20.9%

St Simons Island Real Estate

David Burton, Realtor 

St. Simons Island Real Estate Market Update -Published Daily
— Daily Market Update by David Burton

I Help Buyers and Sellers Make Informed Real Estate Decisions through Market Intelligence and Justified Negotiations.

A man with dark hair and a beard, wearing a green quilted vest over a light blue checkered shirt, leaning forward with glasses hanging from his neck.

-David Burton

About

About David Burton – St. Simons Island Georgia Realtor

David Burton, Realtor® | Keller Williams Realty • St. Simons Island Relocation & Lifestyle Specialist

Top Sales Record $2,212,000
Published Author E3 to Millionaire
Primary Focus SSI Relocation
Specialty Coastal Lifestyle

I am a St. Simons Island Georgia Realtor specializing in buyer representation, home sales, relocation, waterfront properties, golf communities, and second homes throughout St. Simons Island.

As a real estate investor, business coach, and author of E3 to Millionaire, my role is to help buyers evaluate communities, compare neighborhoods, understand local market conditions, and make informed purchasing and sales decisions. I also guide homeowners through every stage of the selling process, from pricing and marketing to negotiation and closing.

Clientele: Professionals, executives, retirees, entrepreneurs, investors, second home buyers, 1031 Exchange, and families relocating to St. Simons Island, Georgia.

Notable St. Simons Island Sales Experience

Sale Benchmark Property Type Market Expertise
$2,212,000 Luxury Estate High-end valuation & luxury marketing
$1,280,000 Primary Property Coastal factors & Pier Village considerations
$1,250,000 Golf Community Home Neighborhood amenities & lifestyle
$1,000,000 Island Residence Retirement Relocation home acquisition
The Coastal Lifestyle Advantage: Outside of real estate, I enjoy fishing, hunting, conservation, golf, boating, and the outdoor lifestyle that makes Coastal Georgia unique. Those interests provide a deeper understanding of what buyers are looking for when choosing to relocate to St. Simons Island.

Whether you are relocating to St. Simons Island, purchasing a primary residence, buying a vacation home, investing in Coastal Georgia real estate, or preparing to sell your property, I provide local market knowledge, professional representation, and a straightforward process designed to help you make confident real estate decisions.


Full Daily Market Report- St. Simons Island

St. Simons Island Single-Family Real Estate Market Update

Presented by David Burton, Realtor® | Keller Williams Realty • August 29, 2026 7:12 AM • 188 Properties Analyzed

Active Single-Family 187 Listings
Median Active Price $1,200,000
Avg Days on Market 91.2 Days
$850K+ 71.1% (133)

Current Market Summary

The August 29th report contains 188 properties: 187 Active Single-Family and 1 Coming Soon at Peachtree Street $1,135,000. Active inventory spans $424,900 at Pelican Place to $11,999,000 at Point Lane with median $1,200,000. Average DOM is 91.2 days, ranging from 1 to 394 days, showing pricing accuracy drives velocity. No closings, cancellations, or expirations were recorded today, indicating a holding pattern with active repositioning. Three Active New Listings entered the market (Sanctuary Cove $850K 1 ADOM, Rice Mill $1.15M 3 ADOM, Palm Harbor Road $2.15M 4 ADOM) and four Active Price Reduced show sellers actively repositioning in $845K-$1,045K and $2.495M waterfront bands.

Today's Property Movement

🆕 New Single-Family Listings Today

24 Sanctuary Cove $850,000
3 Beds • 2 Full • 1 Half • 1,506 sqft • 1 ADOM • Built 1997
161 Rice Mill $1,150,000
4 Beds • 3 Full • 2 Half • 4,801 sqft • 3 ADOM • Built 2000
507 Palm Harbor Road $2,150,000
5 Beds • 4 Full • 3,430 sqft • 4 ADOM • Built 1997

📉 Price Cuts Today

  • Serenity Lane: Reduced to $899,000 • 5 Bed • 2,835 sqft • 128 ADOM
  • Sapelo Street: Reduced to $845,000 • 5 Bed • 2,650 sqft • 59 ADOM
  • Virginia Drive: Reduced to $1,045,000 • 3 Bed • 3,200 sqft • 43 ADOM
  • Dorsey Circle: Reduced to $2,495,000 • 5 Bed • 4,864 sqft • 68 ADOM • Waterfront Y
Coming Soon: Peachtree Street $1,135,000 (238 Peachtree Street)

🔑 Closed Sale Spotlight

No Closings Today
The August 29 report shows 0 Closed Status Change. Recent closings were August 28: Pirates Cove $1,499,900 152 ADOM and Saint James Avenue $1,435,000 109 ADOM, indicating $1.4M-$1.5M band remains

Previous Market Update Highlights

St. Simons Island, Ga

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