Archive for the Market Conditions Category

Market Conditions for January 2010

Sales Statistics for January 2010 in St. Joseph County Indiana.

                                                   “2009″                   “2010″                  % Difference

#Sold Units:                                        141                      126                     -  11 %
Total Dollar Volume:                  13,479,953           10,535,080                     -  22 %
Average Sale Price:                         95,603                 83,612                     -  13 %
Median Sale Price:                          59,900                 61,450                     +   3 %

RESIDENTIAL/TOWNHOME STATISTICS (ST. JOSEPH COUNTY)

                                                  “2009″                   “2010″                  % Difference

#Sold Units:                                        132                     117                     -  11 %
Total Dollar Volume:                  12,878,553            9,646,380                     -  25 %
Average Sale Price:                         97,565                82,448                      - 15 %
Median Sale Price:                          59,700                60,000                      + 01%

South Bend Real Estate- Market Conditions in South Bend Indiana

South Bend Indiana Sales Statistics for January - April 2008!  This reflects the state of the Real Estate Market through the beginning of the year and thus far it’s not as bad as many had feared.    Total Units includes Residential Homes, Condominiums, Townhomes, and Villas in South Bend, a, Granger, Osceola, and all of St. Joseph County.  Figures are per the Greater South Bend Mishawaka Board of Realtors and deemed to be Reliable but not guaranteed.

Condominium Information
Total Units Sold: 1,014

Total Dollar Vol: $108,026,601

Average Sales Price: $106,535

Median Sales Price: $84,900

Notre Dame Indiana Condominiums

Notre Dame CondosThe Condo Real Estate Market is booming nationwide and is not any different here in the South Bend Notre Dame area.  With sales numbers well above industry standards, the Condo market is strong and appears to be as strong if not stronger than last year.  With sites like Notre Dame Condominiums and South Bend Indiana Condos, finding the Condo or Town Home that fits your needs is easier than ever.  We’ve found the most units are sold to Notre Dame alumni looking for a place to stay for Home Games or Parents of the lucky students attending the University of Notre Dame and  Saint Mary’s College.  To date, we have well over 20 Condominium or Townhome Complexes within a few miles of campus.  Comlexes include:

There’s plenty more to choose from depending on your price range and amenities desired.  Units start at around $50,000 and go up to around $500,000.  For more information please contact Tim Vicsik at (574) 329-9587 or Tim@TimVicsik.com today!

Tim Vicsik
Home Gallery Realtors
(574) 329-9587
Tim@TimVicsik.com
www.TimVicsik.com
www.ND-Condos.com

Real Estate News for South Bend Indiana

Be a Homeowner!- From HUD (US Department of Housing and Urban Development): The Atlanta Homeownership Center approved the use of two Sales Initiatives on HUD listings in (Illinois, Indiana, North, and South Carolina).  The $100 Downpayment is now available for HUD listings with an effective date of October 5, 2007.

100 Down Payment on HUD Homes!

HUD has announced several new sales incentives on HUD homes that will make
these homes more affordable for homebuyers.

HUD has a special program for a limited time only which allows an owner-occupant buyer to pay only $100 down, instead of the usual required 3% down, and HUD will pay up to 3% of allowable closing costs.


- Homeowners in St. Joseph County and the cities of South Bend, Mishawaka, Granger, Osceola, and Notre Dame now have a resource for Foreclosure awareness and prevention.  It’s called The Indiana Foreclosure Prevention Network.  Below is a snipet from their website

“The Indiana Foreclosure Prevention Network (IFPN) is a public-private partnership of community-based organizations, government agencies, lenders, realtors, and trade associations that has devised a multi-tiered solution to Indiana’s foreclosure problem. This statewide initiative includes a targeted public awareness campaign, a telephone helpline, an educational website, and a network of local trusted advisors.” 

Offering third-party non biased information to the general public, IFPN is out to make a difference in Indiana and in a time of need.  The state of Indiana is one of the highest Forclosure states in the US, this is a giant step towards lowering that statistic!


Tim Vicsik
Home Gallery Realtors
www.TimVicsik.com
www.ND-Condos.com
Tim@TimVicsik.com

The state of the South Bend Real Estate Market!

The State of the Market for January 2008 according to the Greater South Bend Mishawaka Board of Realtors.  The following information is for all of St. Joseph County and is deemed reliable but not guaranteed.  For more information on South Bend Real Estate visit http://www.TimVicsik.com

Sales Stats

Units:Residential and Townhome / Condominiums

Comparison: January 2007 vs. January 2008

Units Sold: 243 / 191

Total $ Volume: $28,448,842 / $18,828,991

Avg Sale Price: $117,073 / $98,581

South Bend Information: http://www.timvicsik.com/areastats.htm

Notre Dame Condos: http://www.timvicsik.com/condos.htm

Tim Vicsik
Home Gallery Realtors
574.329.9587
Tim@TimVicsik.com
www.TimVicsik.com -web
http://SouthBend-RealEstate.com - blog

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