Billed as “Art in the Heart of South Bend”, the 6th annual Art Beat is scheduled for Thursday, September 4 from 4-8:30pm. The free event promises over 200 local artists, performers, musicians, poets, chefs, and dancers. Take a stroll through the dowtown area and take in all of the sites, sounds, and feasts the area’s cultural side has to offer. For more information including area map, parking, and how to become one of the exhibitors, visit the Art Beat site.
South Bend Real Estate Report: July 2008
All Residential Properties
Early in the morning on August 1st, 2008, there were 2,873 residential properties listed for sale in the South Bend Area MLS with a combined price of $426,809,088
289 sales closed in July 2008 for $35,724,351 in sales volume
About 1 in 10 residential propertes listed for sale sold in July 2008 in the South Bend Area MLS
Single Family Houses
279 sales for $33,054,791 in volume.
The sales were nearly evenly split above and below $100,000
24 houses sold above $250,000
Condos and Townhouses
In July, there were 5 sales for $706,000 in volume reported in the mls.
With 86 condos and townhouses for sale, about 6 % of listed condos/townhouses sold in July.
17 condos or townhouses are currently marked “pending” and with the changing loan standards of the FHA and other lending institutiaons, it is likely some of these won’t close.
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South Bend Real Estate Report: June 2008
About 1 in 10 homes listed for sale sold in June 2008 in the South Bend Area MLS
Homes for sale
2,793 homes with a combined price of $405,474,558
Sales in June 2008
total: 273 transactions for $35,014,607 in sales volume
One in ten sold in the overall market. Here’s the breakdown in $50,000 increments.
$0 - $50,000: 67 sales, 531 for sale, about 1 in 8 sold
$50,001 - $100,000: 64 sales, 817 for sale, about 1 in 13 sold
$100,001 - $150,000: 60 sales, 490 for sale, about 1 in 8 sold
$150,001 - $200,000: 34 sales, 399 for sale, about 1 in 12 sold
$200,001 - $250,000: 17 sales, 195 for sale, about 1 in 11 sold
$250,001 - $300,000: 14 sales, 118 for sale, about 1 in 9 sold
$300,001 - $350,000: 4 sales, 71 for sale, about 1 in 18 sold
$350,001 - $400,000: 6 sales, 59 for sale, about 1 in 10 sold
$400,001 - $450,000: 6 sales, 30 for sale, about 1 in 5 sold
$450,001 - $500,000: 0 sales, 21 for sales
over $500,001: 1 sale, 21 for sale, about 1 in 61 sold
Single Family Houses
256 sales for $32,016,378 in volume.
Condos and Townhomes
There were 7 June sales through the South Bend Area mls:
one condo-hotel at Waterford Estates for $134,500
one North Shore Club condo for $95,000
One Irish Crossings townhouse for $412,079
One New London Lake condo for $135,000
One Dublin Village townhouse for $210,000
Two Oak Hill condos for $159,900 and $172,000
The developer behind Stonebridge also reports four June sales, at $209,242, $253,365, $254,593, and $273,447, outside of the mls. That means the South Bend Area condo / townhouse market had 11 sales in June for $2,309,126 in volume.
Market Trends
Past market reports on the South Bend Area Real Estate Blog
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South Bend Fireworks…ooh! ah!
Independence Day, commonly referred to as The 4th of July, commemorates our nation’s adoption of the Declaration of Independence. To many, it also means picnics, cookouts, parades, and fireworks! If you plan to shoot off your own fireworks, keep in mind our local laws as well as good fireworks safety tips.
If you decide to leave it to the pros, here’s where you can find some of our area’s displays:
Blast at St. Pat’s – St Patrick’s County Park
Saturday, June 28
South Bend Symphony Orchestra 8:00 pm; followed by the Fireworks display 10:30 pm
Admission: $15
SilverHawks games – Coveleski Stadium
Tuesday, July 1 through Saturday, July 5
Game time is 7:30 p.m. each night; fireworks display follow each game
Admission: $5-7; Children under 5 are free
Meet me on the Island – South Bend Regional Museum of Art
Thursday, July 3
Music by Clifford & Michaels Blues Band 5:00 pm; followed by fireworks at dusk
Admission: $7; Children under 12 and museum members are free
Comcast Day - East Race/Seitz Park
Sunday, July 6
Music and activities starting at 2:00 pm; followed by Fireworks at dusk
Admission: free
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