South Bend Real Estate Sales Report: July 2011

by Nick Molnar on August 4, 2011

There are records in the Greater South Bend – Mishawaka MLS for 252 sales totaling about $31,918,657 in July 2011.ย That is down from about $33.6 million that sold in June 2011 but up from July 2010’s ~$24.5m

Long term real estate sales graph for South Bend, Indiana

 

Here are all the July sales on a single graph, broken out by type of financing.

South Bend Real Estate Sales Prices - July 2011

and here they are by location

South Bend Real Estate Sales Map: July 2011

 

The high price sales were all on water:

  • 51499 Autumn Ridge Drive in Granger’s Woodland Hills at $550k. It was listed at $584,900 in April.

  • 817 Estates Place in Mishawaka’s Barrington Estates sold for $685k. It was listed at $1.1m in Feb 2009.

  • 14255 Avery Point in Granger’s Covington Shores at $760k. It was listed at $997,500 in May.

  • 51665 Ashton Court in Granger’s Woodland Hills at $765k. It was listed at $839k in May.

 

There were also a several noteworthy condo sales in July:

  • The first resale at Irish Crossings, 54658 Burdette at $307,500. It originally sold for $342,599 in November, 2007.
  • The first resale at Wexford Place, 1744 Willis at $295,000. It originally sold for $305,591 in July 2007.
  • The sale of 1525 Oak Hill Drive at $97,000. I featured this condo when it came on the market in January and its sale marks the first Oak Hill condo to change hands for less than $100k since May 2005.
  • The sale of 1556 Oak Hill Drive at $160,000. This property consists of two condos that were built as one when the development was constructed in 1988 and it is the largest condo at Oak Hill. It last sold for $220,000 in March of 2007.
  • The sale of 524 Kamm Island Place in the Townes at Kamm Island, for $372,418. This appears to be the 11th sale in the riverfront Mishawaka community that I first highlighted when it was new in 2008.

{ 2 comments… read them below or add one }

Irish Eyes November 22, 2011 at 1:48 am

Hey…any sales reports updates coming??? Just curious as your monthly sales reports are really fantastic and helpful to understanding the local economy.

Keep up the great work and hope to see some sales report updates soon! Thanks… ๐Ÿ™‚

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Nick Molnar November 22, 2011 at 10:39 pm

New market reports and other articles are coming soon. Thanks for commenting. ๐Ÿ™‚

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