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I’On Real Estate Update – 9/24/14

Since my last report to you on August 22nd, the I’On real estate market has continued to thrive!!  During this period, we have had 7 additional I’On homes close, bringing the total to 59 for 2014.  These homes are listed below along with their selling price and price per square foot…

  • 21 Duany Road – $2,000,000 – $361/sq ft
  • 86 W. Shipyard – $1,151,000 – $367/sq ft
  • 30 Fernandina – $1,065,000 – $308/sq ft
  • 193 Ponsbury – $990,000 – $296/sq ft
  • 143 Ionsborough – $815,000 – $267/sq ft
  • 51 Eastlake – $760,000 – $230/sq ft
  • 333 N. Shelmore – $715,000 – $270 sq ft

For more details on these I’On home sales and all other I’On homes sold in 2014, click here.

In addition, there have been 7 I’On homes go under contract, just in the last month!  These homes are listed below along with the most recent asking price.  Once these close, I will report back to you with the actual sales prices…

  • 75 Hopetown – $1,100,000
  • 23 Mises – $1,000,000
  • 60 Eastlake – $750,000
  • 230 Ponsbury – $729,000
  • 42 Sowell – $649,000
  • 56 Sowell – $599,000
  • 65 Jane Jacobs – $449,900

Inventory Holding Steady…

Since my last last report in August, the available inventory in I’On is unchanged…We are holding steady at 29 I’On homes for sale.  Historically, this is a very low number of active listings and it is contributing to a very active market that is generally favoring the Seller.

As we enter the fall and winter, the activity will slow down, but I expect the market to continue to be strong.  As we approach the holidays, many I’On home sellers will be withdrawing their homes from the market.  If you are thinking of selling, it might be a good time to put your home on the market as the competition will be less!!

Thinking of Selling, or Have Questions?  Call Me!

Please give me a call if you have any questions about this post.  If you are thinking of selling, please don’t hesitate to contact me to learn more about my marketing program for your home.  I have sold dozens of homes in I’On over the years and have an intimate knowledge of this community, what buyers are looking for, and how to get your home sold.  Have a great week and enjoy the cool weather!!

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