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 -Â $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:Â 4 sales, 71Â for sale, about 1 in 18 sold
$350,001 – $400,000:Â 6 sales, 59Â for sale, about 1 in 10 sold
$400,001 – $450,000:Â 6 sales, 30Â for sale, about 1 in 5 sold
$450,001 – $500,000:Â 0 sales, 21Â 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
{ 1 comment… read it below or add one }
Always interesting to see the end of month numbers. Two comprehensive graphs showing the number of sales and the dollar volume of sales for the past 5 years would be very very interesting to see if those numbers are available. The graph of 2007 and 2008 January through June are not as useful. Thanks for the update.