Not much needs to be said here...it is obvious.
Ione 3BD goes for $216K
Here's a place (a foreclosure) in Ione (as opposed to "I rent" - which I think that many will be doing going forward), that appears to have sold for about 31% less than it was bought for in '05. Picked up in the height of the frenzy in 2005 for $310k and recently purchased from SG Mortgage, that is quite a deal lower than when everyone was saying "you need to buy before it is too late".It is still coming in at about $135/sqft, which seems excessive for prison town, but to each his own or "Ione" as the case may be.
Trulia's Sales History
| Sales History | |
|---|---|
| Historical home sale price (1): | $216,000 |
| Prior sale date: | Jul 1, 2008 |
| Historical home sale price (2): | $198,750 |
| Prior sale date: | Apr 17, 2008 |
| Change since this sale (2): | +9% |
| Historical home sale price (3): | $310,000 |
| Prior sale date: | Dec 20, 2005 |
| Change since this sale (3): | -30% |
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