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The I'On real estate market has seen significant growth over the past year, exhibiting less competition. As of last month, the median sale price for homes in the area stood at $2.3 million, reflecting a 17.6% year-over-year increase. Similarly, the median price per square foot escalated to $708, marking a 19.2% increase since the previous year. In August 2023 alone, the area experienced a 17.6% surge in home prices, maintaining the median sale price at $2.3 million. The average time a property stays on the market has extended to 64 days, compared to 49 days in the prior year. Furthermore, there was a modest uptick in sales volume, with 12 homes sold this August, as opposed to 11 in the same month last year.
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I know what it means to call the Lowcountry home. And it’s my mission to help you call it home too. It’s why we work so hard to make your real estate dreams come true. It’s why we build relationships, not databases. It’s why we treat everyone like a neighbor, because it’s our intention that one day you will be.