The 345 sales add up to $40.18 million in volume. That is about 13% greater than May 2010 (the previous month) and about 30% greater than June 2009 (one year ago)<\/p>\n
Here is the long term graph<\/p>\n
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/June2010-long-term-graph.jpg\" "\\"South")
<\/p>\n
Sales Prices<\/h2>\n
The high price sale was 51795 Ashton Court in Granger’s Woodland Hills. It was listed for $1.89 million in January 2010 and sold for $1.35 million on June 30th. It previously sold for $1.75 million, in December 2007. That makes it the highest price sale in the South Bend MLS since June of 2008, when 51284 Shamrock Hills Drive sold for $1.4 million.<\/p>\n
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/ashton1.jpg\" "\\"51795")
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/ashton2.jpg\" "\\"51795")
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/ashton3.jpg\" "\\"51795")
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/ashton4.jpg\" "\\"51795")
<\/p>\n
Here is every sales price for the month, at a glance<\/p>\n
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/June2010-all-sales-prices.jpg\" "\\"Sales")
<\/p>\n
Financing<\/h2>\n
FHA loans accounted for the greatest number of sales and the second highest volume. Conventional mortgages accounted for nearly as many sales, and the highest sales volume. Cash sales continue to as an important, if lesser, market force and VA \/ other financing has yet to develop to more than a fraction of the market.<\/p>\n
![\"\"](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/june-2010\/June2010-financing.jpg\" "\\"South")
<\/p>\n
Notre Dame condos<\/h2>\n\n\n- 1504 Oakhill Drive, a 2 bedroom + loft, 2 bath second floor condo at Oak Hill (no garage). \u00a0Listed for $181,900 in April 2008, it sold for $125,000 on June 25th. It previously sold for $107,500 in May 2004.<\/li>\n
- 1564 Wildflower Way at the North Shore Club with 3 bedrooms and 2.5 baths. Listed for $129,000 in April 2010, it sold for $123,500 on June 30th. It previously sold for $112,650 in December 2005<\/li>\n
- 1446 Bridgewater Way at The Forest with 3 bedrooms + a loft and 2.5 baths. Listed for $164,900 in March 2010, it sold for $150,000 on June 11th. It previously sold for $156,000 in June 2004 and $150,000 in February 2003<\/li>\n
- 118 Clancey Street, a furnished townhouse in Dublin Village with 4 bedrooms, 3.5 baths . Listed for $295,000 in February 2009, it sold for $220,000 on June 4th. It previously sold for $261,754, making the sale a loss of about 16% before expenses<\/li>\n<\/ul>\n<\/div>\n
New Construction<\/h2>\n
This continues to be a slow segment of the market, as reported through the MLS. I found 9 sales by Weiss homes and one by Place Builders that appear to be new construction. Prices ranged from $109,999 to $233,143. Six were financed with FHA loans, three were cash sales and one buyer obtained a conventional mortgage.<\/p>\n
If you are considering the purchase or sale of property in the South Bend \u2013 Mishawaka \u2013 Granger \u2013 Notre Dame Area and want a no-pressure, no-hassles consultation with the real estate brokers behind the South Bend Area Real Estate Blog, please contact us<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"The South Bend Area MLS records show that in June 2010: 345 residential properties were sold 293 residential properties went under contract 545 residential properties were newly listed or re-listed for sale (that is not a count of all homes for sale, just those listed in June) The 345 sales add up to $40.18 million […]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1145","post","type-post","status-publish","format-standard","hentry","category-market-conditions"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/comments?post=1145"}],"version-history":[{"count":3,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145\/revisions"}],"predecessor-version":[{"id":1148,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145\/revisions\/1148"}],"wp:attachment":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/media?parent=1145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/categories?post=1145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/tags?post=1145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- \n
- 1504 Oakhill Drive, a 2 bedroom + loft, 2 bath second floor condo at Oak Hill (no garage). \u00a0Listed for $181,900 in April 2008, it sold for $125,000 on June 25th. It previously sold for $107,500 in May 2004.<\/li>\n
- 1564 Wildflower Way at the North Shore Club with 3 bedrooms and 2.5 baths. Listed for $129,000 in April 2010, it sold for $123,500 on June 30th. It previously sold for $112,650 in December 2005<\/li>\n
- 1446 Bridgewater Way at The Forest with 3 bedrooms + a loft and 2.5 baths. Listed for $164,900 in March 2010, it sold for $150,000 on June 11th. It previously sold for $156,000 in June 2004 and $150,000 in February 2003<\/li>\n
- 118 Clancey Street, a furnished townhouse in Dublin Village with 4 bedrooms, 3.5 baths . Listed for $295,000 in February 2009, it sold for $220,000 on June 4th. It previously sold for $261,754, making the sale a loss of about 16% before expenses<\/li>\n<\/ul>\n<\/div>\n
New Construction<\/h2>\n
This continues to be a slow segment of the market, as reported through the MLS. I found 9 sales by Weiss homes and one by Place Builders that appear to be new construction. Prices ranged from $109,999 to $233,143. Six were financed with FHA loans, three were cash sales and one buyer obtained a conventional mortgage.<\/p>\n
If you are considering the purchase or sale of property in the South Bend \u2013 Mishawaka \u2013 Granger \u2013 Notre Dame Area and want a no-pressure, no-hassles consultation with the real estate brokers behind the South Bend Area Real Estate Blog, please contact us<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"The South Bend Area MLS records show that in June 2010: 345 residential properties were sold 293 residential properties went under contract 545 residential properties were newly listed or re-listed for sale (that is not a count of all homes for sale, just those listed in June) The 345 sales add up to $40.18 million […]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1145","post","type-post","status-publish","format-standard","hentry","category-market-conditions"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/comments?post=1145"}],"version-history":[{"count":3,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145\/revisions"}],"predecessor-version":[{"id":1148,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/1145\/revisions\/1148"}],"wp:attachment":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/media?parent=1145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/categories?post=1145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/tags?post=1145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}