- Bucking local, regional and national trends in real estate, The Landings on Savannah’s Skidaway Island reports that sales in the community increased significantly in 2010.
According to Savannah MLS statistics, home transactions (closings) in all of Chatham County declined by 2% in 2010 versus 2009 – but home closings in The Landings were up a robust 38% in 2010, to 137 vs. 99 in 2009.
“2010 was a decidedly stronger year for real estate at The Landings than 2009 was,” notes Bill Houghton, president of The Landings’ homeowner association-owned marketing and sales firm, The Landings Company. “We have solid and stable demand from folks in the region who want to trade up to the best community in Savannah, and we have seen renewed interest by out-of-towners who view The Landings as a premier gated community. They’ve seen our investments made in the downturn – a major expansion to the wellness and fitness complex and a complete renovation to one of the communities’ 6 courses in 2009, a new tower at one of our marinas completed in 2010 – and saw stability, which is even more important in uncertain times.”
The Landings has been in existence since the early 1970s, but has been homeowner- and member-owned since the original developer transitioned out in the 1990s. That ownership structure has furthered the stability in the direction of the community, as the homeowners association and the private Landings Club have been prudent with community re-investments, maintaining the quality and the lifestyle that has kept property values in the community strong.
Part of that investment in property values is a national marketing program, as developed by The Landings Company. “We grew out of what was the original developer’s sales and marketing arm, and have kept the mantra of supporting property values by bringing buyers to the community,” adds Houghton. “That has paid off for the community, and helped us to have a relatively strong 2010 in a very difficult real estate environment.”
About The Landings on Skidaway Island
The Landings is located on Skidaway Island, just 15 minutes from historic Savannah. The community offers homes from $250,000 to $2 million, and amenities including marinas, golf courses, a tennis center, fitness/wellness center, biking and walking trails, pools, clubhouses, playgrounds, dog park, and more. If you would like more information about The Landings on Skidaway Island, call (912) 598-0500, or (800) 841-7011.
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