Ione, CA. 95640 Real Estate Market Report March 6, 2010

By
Real Estate Agent with Mainstreet Brokers

Today Ione has 57 active residential real estate listings.

The average listing price in Ione is $ 224,541 down about $26k from last month’s $ 249,737.

Sunset sky over treesThe average number of days that properties have been on the market is 159 days, down a bit from last month at 178 days.

In the last month Ione has had 19 new listings and 6 listings have sold.

This month the median price in Ione is $245,000. The Listing is a REO (Bank Owned) 3/2 in the Edgebrook area. The home has 2245 square feet of living space and a two car garage.

Ione’s lowest priced home right now is a manufactured home in The Oaks Park. This home is offered at $29,000. And has title issues, seller puts no value on the abandoned home, just the land.

This month the “highest priced listing” in the area is the three bedroom two bath 2084 square foot custom with a huge insulated shop/office. All on 28+ acres. The asking price for this one is $589,000.

One way that the National Association of Realtors defines markets is by months of inventory. If a market has less than six month’s of inventory it is often called a sellers market because the supply is low for the level of demand. Right now Ione has nine and a half months of inventory at the level of sales last month. So using that rule of thumb the Ione market is in a strong buyers market. But that stat is so strongly affected by just a few sales in a market segment as small as Ione. It is only worth paying attention to over time.

Ione has quite a spread of real estate. If you would like to talk about your specific real estate needs, please feel free to email me or drop me a line.

Remember, you can search Ione Homes For Sale Free at Mainstreet Brokers!

Read more Amador County real estate market reports

This information is deemed reliable but you should always confirm.

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