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Lots Of I’On Activity in Last 30 Days

Since my last report in May, there have been 6 homes go under contract for sale in I’On. Below is a list of those homes with the associated asking price:

166 North Shelmore – $619,000
28 Sowell Street – $625,000
81 Ponsbury – $690,000
20 Grace Lane – $815,000
19 Krier Lane – $875,000
18 Fernandina – $1,389,000

In addition, there have been 9 closings in the last 30 days which brings the total number of closed sales this year to 27. As of June 17th last year, there had been 31 closed sales in I’On. Below is a list of the homes that recently closed and their selling prices:

58 Sowell Street – $610,000
230 Ponsbury – $635,000
50 Sowell Street – $670,000
78 Saturday Rd. – $765,000
18 Port Royal – $775,000
50 Hospitality – $910,000
27 Edenton – $1,070,000
52 Montrose – $1,130,000
214 N Shelmore – $1,300,000

The average price per square foot for these 9 sales was $288. The average price per square foot of all 27 sales in I’On in 2008 is $306. This is down from an average of $339 per square foot for the 31 sales last year as of this date.

Currently, there are 88 homes on the market in I’On. The average asking price for these homes is $1,175,151, or $341 per square foot.

Look for more updates soon and also go to www.IonHomeInfo.com for information on all of the homes currently available in I’On and other Mt. Pleasant communities.

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