Since my last report to you in early October, six additional homes have sold in I’On bringing the total to 35 homes sold in 2009.  This is down from 49 I’On homes sold in 2008 through this same date.  In addition, there are currently eight homes under contract in the neighborhood that are pending closing.

Inventory of I’On Homes for Sale Down Sharply

A recent increase in activity has resulted in the lowest level of inventory that we have seen in I’On since the middle of 2006.  There are currently 64 homes for sale in I’On, down from 73 homes that were on the market in early October.  Below is a breakdown of available I’On homes by price range: (more…)