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Tag Archives: Realty

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