{"id":777,"date":"2009-08-02T13:59:19","date_gmt":"2009-08-02T17:59:19","guid":{"rendered":"http:\/\/www.realst8.crankpin.com\/?p=777"},"modified":"2011-03-21T12:22:34","modified_gmt":"2011-03-21T16:22:34","slug":"south-bend-real-estate-report-july-2009","status":"publish","type":"post","link":"https:\/\/www.realst8.com\/staging\/9756\/market-conditions\/south-bend-real-estate-report-july-2009\/","title":{"rendered":"South Bend Real Estate Report: July 2009"},"content":{"rendered":"<p>July is over and based on a data pull I made Saturday, there were 249 closed sales in the South Bend Area MLS for $29.39 million in volume. That volume is down slightly from the <a href=\"http:\/\/www.realst8.com\/staging\/9756\/market-conditions\/south-bend-real-estate-report-june-2009\/\" target=\"_blank\">June 2009 figures<\/a>.<\/p>\n<h2 style=\"text-align: center;\">Charts and Graphs<\/h2>\n<p>Long Term Graph of Sales Volume by month in the South Bend Area MLS<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/LT-July09.jpg\" alt=\"Long Term Sales Graph for Real Estate and Home Sales in the South Bend Area MLS\" width=\"464\" height=\"362\" \/><\/p>\n<p>The prices of all homes sold through the South Bend Area MLS for July 2009<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/Scatter-July09.jpg\" alt=\"Closed Home Sale Prices in the South Bend Area MLS from July 2009\" width=\"446\" height=\"402\" \/><\/p>\n<p>The location of sold homes in the South Bend Area MLS for July 2009<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/SalesByLocation-July09.jpg\" alt=\"Location of Real Estate Sales in the South Bend Area MLS for July 2009\" width=\"427\" height=\"225\" \/><\/p>\n<p>Number of real estate sales in the South Bend Area MLS for July 2009 by City<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/NumberbyCity-July09.jpg\" alt=\"Number of Real Estate Sales in South Bend, Mishawaka, Granger and Osceola, Indiana for July 2009\" width=\"444\" height=\"401\" \/><\/p>\n<p>Average sales price of homes sold through the South Bend Area MLS for July 2009<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/PricebyCity-July09.jpg\" alt=\"Average Real Estate Sales Price for South Bend, Granger, Mishawaka and Osceola, Indiana for July 2009\" width=\"455\" height=\"403\" \/><\/p>\n<p>Type of financing for homes sold through the South Bend Area MLS for July 2009<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/July09\/Financing-July09.jpg\" alt=\"Type of Financing for Closed Sales in the South Bend Area MLS for July 2009\" width=\"442\" height=\"289\" \/><\/p>\n<h2 style=\"text-align: center;\">Notre Dame Condos and Townhomes<\/h2>\n<p>This month there were no closings of condos or townhouses near Notre Dame reported in the MLS. I&#8217;ll check again in a few days to make sure none of the half dozen pending Notre Dame condo\/townhouse sales closed with a slow agent who didn&#8217;t yet report the sale, but simply put, sales of the Notre Dame condos are sluggish. Likely reasons for the decrease in sales include increased competition from newly-built high-end apartment buildings and more strict lending guidelines that exclude some people who may have bought in past years.<\/p>\n<p>One Pendle Woods villa sold for $286,500.\u00a0It previously sold in August 2006 for $318,302 and was originally listed at $358,000 in October 2007. It sold for about 90% of its price when new and about 80% of its original list price.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignnone\" style=\"border: 1px solid black;\" src=\"http:\/\/realst8.com\/images\/market\/July09\/Pendle.jpg\" alt=\"Pendle Woods Villa\" width=\"406\" height=\"302\" \/><\/p>\n<p>An assortment of other villas and a duplex unit also sold, but in locations throughout Mishawaka and South Bend that are not communities I consider to be &#8220;Notre Dame condos&#8221; and regularly track on this site.<\/p>\n<p>For comparison, one year ago in July (2008), there were 11 closings I&#8217;d call Notre Dame condos:<\/p>\n<p style=\"padding-left: 30px;\">two North Shore Club condos,<br \/>\none Woodbridge condo,<br \/>\ntwo Waterford Estates condo-hotel rooms,<br \/>\none Dublin Village townhouse,<br \/>\none Wexford Place townhouse,<br \/>\nand four Irish Crossings townhouses<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July is over and based on a data pull I made Saturday, there were 249 closed sales in the South Bend Area MLS for $29.39 million in volume. That volume is down slightly from the June 2009 figures. Charts and Graphs Long Term Graph of Sales Volume by month in the South Bend Area MLS [&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-777","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\/777","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=777"}],"version-history":[{"count":7,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/777\/revisions"}],"predecessor-version":[{"id":784,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/777\/revisions\/784"}],"wp:attachment":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/media?parent=777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/categories?post=777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/tags?post=777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}