There wasn’t really much activity last week in the I’On real estate market. There were a few showings, but nothing close to the amount of showings we had in the previous week. Obviously, the market conditions haven’t improved, but I’ll also take this opportunity to blame the slow week on the cold weather!
There were three homes that came on the market in I’On last week, but two of those were homes that had been on the market previously and were just re-submitted in MLS. However, one new home came on that had not previously been for sale:
54 Sowell Street-$625,000
3 BR, 2 1/2 Baths
2,000 Square Feet
2 Car Garage
This brings the total to 86 homes currently for sale in I’On.
If I had to characterize the I’On activity this week, it was all about price adjustments. In total, there were 6 sellers that reduced the price on their home in the last 7 days. Some of these price reductions were more significant than others, but the average decrease was just over 6%. This brings the total to 15 I’On sellers that have dropped their price in 2009.
I will continue to keep you updated on the happenings in the I’On real estate market throughout the year, so keep checking back in to this blog for more news. Also, if you want to get details on all homes for sale in I’On, simply go to www.IonHomeInfo.com.
Have a great week!