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
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.