{"id":482,"date":"2008-09-03T11:07:52","date_gmt":"2008-09-03T15:07:52","guid":{"rendered":"http:\/\/www.realst8.crankpin.com\/?p=482"},"modified":"2011-03-21T12:26:56","modified_gmt":"2011-03-21T16:26:56","slug":"south-bend-real-estate-report-august-2008","status":"publish","type":"post","link":"https:\/\/www.realst8.com\/staging\/9756\/market-conditions\/south-bend-real-estate-report-august-2008\/","title":{"rendered":"South Bend Real Estate Report: August 2008"},"content":{"rendered":"<p>This morning there are 2,881 residential properties listed for sale in the <a title=\"South Bend MLS\" href=\"http:\/\/www.realst8.com\/staging\/9756\/mls\" target=\"_blank\">South Bend Area MLS<\/a>. If you want to buy them all it will set you back $426,130,673.<\/p>\n<p>In August, there were 340 closed sales through the mls. The combined total price was $37,333,036. That&#8217;s about 12% of listed homes selling in a month, though only about 9% by price. That probably means the lower priced properties are selling best.<\/p>\n<p><strong>Single-family homes<\/strong><\/p>\n<p>323 sales in August for $33,882,823.<br \/>\n24 sold over $250,000<br \/>\n106 sold for $50,000 or less<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" title=\"August 08 Sales\" src=\"http:\/\/realst8.com\/images\/market\/aug-08-houses.jpg\" alt=\"\" width=\"442\" height=\"232\" \/><\/p>\n<p><strong>Condos \/ Townhouses<\/strong><\/p>\n<p>August had 6 sales through the mls, adding up to $1,988,463.<br \/>\n4 were at <a title=\"Notre Dame condos - Irish Crossings\" href=\"http:\/\/notredamepads.com\/irish-crossings\/\" target=\"_blank\">Irish Crossings<\/a>.<br \/>\nThe others were upgraded units at <a title=\"Notre Dame condos - Woodbridge\" href=\"http:\/\/notredamepads.com\/woodbridge\/\" target=\"_blank\">Woodbridge<\/a> and the <a title=\"Notre Dame condos - North Shore Club\" href=\"http:\/\/notredamepads.com\/north-shore-club\/\" target=\"_blank\">North Shore Club<\/a>.<\/p>\n<p><a href=\"http:\/\/realst8.com\/images\/market\/aug-08-houses.jpg\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" title=\"Condo Sales\" src=\"http:\/\/realst8.com\/images\/market\/aug-08-condos.jpg\" alt=\"\" width=\"441\" height=\"234\" \/><\/a><\/p>\n<p>It&#8217;s worth noting that not everything sells through the mls. That only contains data on properties sold through a realtor. There are for sale by owner and for sale by builder properties that won&#8217;t be reflected in the numbers. That said, it&#8217;s the most complete data set readily available. You could go to the courthouse and search the sales disclosure forms, but barring that reading our monthly reports and the comments will give you a good sense of the market.\u00c2\u00a0Need to know more to make a smart\u00c2\u00a0selling or buying decision?\u00c2\u00a0<a title=\"contact realst8.com\" href=\"http:\/\/www.realst8.com\/staging\/9756\/contact-us\" target=\"_blank\">Contact us<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning there are 2,881 residential properties listed for sale in the South Bend Area MLS. If you want to buy them all it will set you back $426,130,673. In August, there were 340 closed sales through the mls. The combined total price was $37,333,036. That&#8217;s about 12% of listed homes selling in a month, [&hellip;]<\/p>\n","protected":false},"author":1,"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-482","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\/482","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/comments?post=482"}],"version-history":[{"count":2,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/482\/revisions"}],"predecessor-version":[{"id":484,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/482\/revisions\/484"}],"wp:attachment":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/media?parent=482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/categories?post=482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/tags?post=482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}