Not unexpectedly, sales activity in I’On slowed down in September. This is typical as families were getting their children back in school and settling back in from summer vacations. However, we did have 3 I’On homes go under contract since my last report on September 10th. Continue reading
Tag Archives: I’On
I’On Real Estate Market Update – September 10th
While it would have been hard to duplicate July’s performance in terms of $1M+ homes going under contract, there was still a lot of activity in the I’On real estate market since my last report on August 5th. And that activity was spread over a broad range of pricing. Continue reading
I’On Home Sales Above $1M – Finally Some Life!!
After months and months of floundering, the I’On real estate market above $1M finally showed some signs of life in July. This is very welcome news for I’On home sellers in this price range as activity has been very slow for some time. Four homes that were priced above $1M went under contract during the month. Below is a list of those homes with their asking prices.
- 38 Hopetown – $1,099,000
- 18 Frogmore – $1,295,000
- 50 Fernandina – $1,479,000
- 63 Robert Mills – $1,695,000
In addition, two homes closed in July above $1M. They are listed below with their selling prices:
- 19 Joggling – $1,100,000 ($269/square foot)
- 226 N. Shelmore – $1,145,000 ($237/square foot)
Reductions in I’On Home Inventory Key to a “Balanced” Market
While the recent increase in activity has resulted in a significant decrease in the number of months of available inventory for homes above $1M in I’On, we still have a long way to go before Continue reading