2^ND QUARTER – 2010 – STONE HARBOR – STATS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

APRIL 2 2

MAY 3 3

JUNE 3 3

(8) (8) (8)

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

APRIL $1,995,000. $1,995,000. $1,952,500. 93

MAY 1,866,633. 1,783,000. 1,608,333. 217

JUNE 2,253,333. 2,200,000. 1,991,667. 195

(6,114,966.) (5,978,000.) (5,552,500.) (505)

1^ST QTR

AVERAGE ($2,038,322.) ($1,992,667.) ($1,850,833.) (168)

- - Difference between ORIGINAL List Price and SOLD Price = (9%)

- - Difference between ORIGINAL List Price and REDUCED Price = (2%)

NEW CONSTRUCTION RESIDENTIAL – UNDER CONTRACT = (1)

NEW CONSTRUCTION RESIDENTIAL – COMPARABLE SALES = (1)

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

APRIL 0 1

MAY 0 0

JUNE 0 0

(1)

COMMERCIAL UNDER CONTRACT COMPARABLE SALES

APRIL 0 0

MAY 0 1

JUNE 0 0

(1)

MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES

APRIL 0 1

MAY 0 0

JUNE 0 0

(1)

CONDO/TOWNHOUSE UNDER CONTRACT COMPARABLE SALES

APRIL 1 1

MAY 0 2

JUNE 1 1

(2) (2) (4)

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

APRIL $459,000. $429,000. $369,000. 160

MAY 810,000. 810,000. 742,500. 94

JUNE 950,000. 950,000. 915,000. 268

($2,219,000.) ($2,189,000.) ($2,026,500.) (522)

2^ND QTR

AVERAGE ($739,667.) ($729,667.) ($675,500.) (174)

- - Difference between ORIGINAL List Price and SOLD Price = (9%)

- - Difference between ORIGINAL List Price and REDUCED Price = (1%)

As Compared to 1^st QTR – Stone Harbor, NJ – 2010:

1^ST QTR – RESIDENTIAL – UNDER CONTRACT = (5) UNITS

1^ST QTR – RESIDENTIAL – COMPARABLE SALES = (7) UNITS

AVERAGE 1^ST QTR RESIDENTIAL – SALE LISTING PRICE = $1,775,721.

AVERAGE 1^ST QTR RESIDENTIAL – REDUCED LISTIN PRICE = $1,691,277.

AVERAGE 1^ST QTR RESIDENTIAL – SOLD PRICE = $1,525,056.

AVERAGE 1^ST QTR RESIDENTIAL – DAYS ON MARKET = 216

RESIDENTIAL – NEW CONSTRUCTION – UNDER CONTRACT = (1)

RESIDENTIAL NEW CONSTRUCTION – COMPARABLE SALES = (2)

1^ST QTR LOTS/LAND – UNDER CONTRACT = (1)

1^ST QTR LOTS/LAND – COMPARABLE SALES = (1)

1^ST QTR COMMERCIAL - UNDER CONTRACT / COMPARABLE SALES = (0)

1^ST QTR MULTI-FAMILY – UNDER CONTRACT = (1)

1^ST QTR MULTI-FAMILY – COMPARABLE SALES = (2)

1^ST QTR CONDO/TWONHOUSE – UNDER CONTRACT = (1)

1^ST QTR CONDO/TOWNHOUSE – COMPARABLE SALES = (2)

AVERAGE 1^ST QTR – CONDO/TOWNHOUSE – SALE LISTING RPICE = $264,500.

AVERAGE 1^ST QTR – CONDO/TOWNHOUSE – REDUCED LIST PRICE = $264,500.

AVERAGE 1^ST QTR – CONDO/TOWNHOUSE – SOLD PRICE = $241,833.

AVERAGE 1^ST QTR – CONDO/TOWNHOUSE – DAYS ON MARKET = 175