2010 – FEBRUARY – SEA ISLE CITY, NJ:

RESIDENTIAL – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

320 47^th Pl (40Bed.,(3)Bth. $1,250,000. SAME 118

RESIDENTIAL – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

LOTS/LAND – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

LOTS/LAND – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

COMMERCIAL – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

MULTI-FAMILY – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

7804 Central(3/3)Bed.,(1.5/1.5)Bth. $749,000. $695,000. $645,000. 2/16/10 293

- Difference between ORIGINAL List Price and SOLD Price = (14%)

- Difference between ORIGINAL List Price and REDUCED Price = (8%)

CONDO/TOWNHOUSE – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (7)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

116 36^th (4)Bed.,(3)Bth. East $599,900. $499,900. 85

118 77^th (4)Bed.,(3.5)Bth. West 610,000. 610,000. 9

221 77^th (4)Bed.,(2)Bth. East 630,000. 630,000. 15

* 122 87^th (4)Bed.,(3.5)Bth. West 937,000. 645,000. 150

7004 Central (4)Bed.,(3)Bth. North 849,900. 649,900. 626

4415 Venicean (3)Bed.,(2)Bth. West 765,000. 765,000. 60

118 70^th (5)Bed.,(3)Bth. West 799,000. 799,000. 44

(1)NEW CONSTRUCTION

CONDO/TOWNHOUSE – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (13)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

125 75^th (3)Bed.,(1.5)Bth. 1stFl $499,999. $425,000. $365,000. 2/19/10 115

126 39^th (4)Bed.,(3.5) West 609,000. 599,900. 540,000. 2/26/10 486

8 68^th (4)Bed.,(3.5)Bth. West 689,900. 650,900. 600,000. 2/26/10 127

7101 Central(4)Bed.,(2.5)Bth. East 659,737. 654,737. 612,000. 2/22/10 170

213 56^th (4)Bed.,(30Bth. West 675,000. 649,000. 630,000. 2/26/10 357

326 46thPl(4)Bed.,(3)Bth. West 789,000. 689,000. 655,000. 2/16/10 317

(3,922,636) (3,668,537.) (3,402,000.) (1,572)

* 237 77^th (5)Bed., (3.5)Bth. East 729,000. 729,000. 695,000. 2/26/10 192

114 56^th (4)Bed.,(3.5)Bth. East 749,900. 749,900. 725,000. 2/20/10 120

* 209 75^th (5)Bed.,(3.5)Bth. East 795,000. 785,000. 760,000. 2/9/10 244

* 209 75^th (5)Bed.,(3.5)Bth. West 795,000. 785,000. 785,000. 2/16/10 251

* 114 55^th (6)Bed.,(4.5)Bth. West 849,000. 839,000. 825,000. 2/12/10 164

* 317 47thPl (4)Bed.,(3.5)Bth. West 1,075,000. 999,000. 850,000. 2/10/10 327

6613 Pleasue(5)Bed.,(5.5)Bth. No. 2,200,000. 2,200,000. 1,850,000. 2/26/10 332

(5)NEW CONSTRUCTION

(11,115,536.) (10,755,437.) (9,892,000.) (3,202)

Average Original Average Reduced Average Sold Average Days on

List Price = $855,041. List Price = $827,341. Price = $760,923. Market = 246

- Difference between ORIGINAL List Price and SOLD Price = (11%)

- Difference between ORIGINAL List Price and REDUCED Price = (3%)

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 3/29/10) = 321

RESIDENTIAL 22

LOTS/LAND 4

COMMERCIAL 9

MULTI-FAMILY 9

CONDO/TOWNHOUSE 277