2010 – JUNE – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (3)

                                                             ORIGINAL            REDUCED            DAYS ON

ADDRESS                                          LIST PRICE          LIST PRICE          MARKET

10007 Second(3)Bed.,(1.5)Bth.           $1,225,000.             $997,500.                    400

279 86th(3)Bed.,(1.5)Bth.                         998,500.               SAME                        44

* 172 83rd(5)Bed.,(4)Bth.                       1,849,000.              SAME                        53

(1)NEW CONSTRUCTION

 

RESIDENTIAL – COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (3)

                                                  ORIGINAL     REDUCED     SOLD     CLOSING    DAYS

ADDRESS                                LIST PRICE     PRICE          PRICE        DATE       onMkt

224 91st (5)Bed.,(3.5)Bth.         $1,595,000.       $1,495,000.    $1,275,000.   6/10/10      540

10729 Corinthian(5)Bed.,(1.5)    1,690,000.            SAME         1,525,000.   6/12/10     44

16 84th(4)Bed.,(4/2)Bth.               3,475,000.           SAME         3,175,000.   6/17/10      1

                                                  (6,760,000.)       (6,660,000.)    (5,975,000.)                   (585)

Average Original               Average Reduced               Average Sold            Average Days on

List Price = $2,253,333.     List Price = $2,200,000.     Price = $1,991,667.   Market = 195

-         -         Difference between ORIGINAL List Price and SOLD Price = (12%)

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

 

LOTS/LAND – UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

LOTS/LAND – COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

COMMERCIAL – UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

COMMERCIAL – COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

MULTI-FAMILY – UNDER CONTRCAT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (1)

                                                                           ORIGINAL            REDUCED          DAYS ON

ADDRESS                                                         LIST PRICE          LIST PRICE       MARKET

205 94th(4)Bed.,(3.5)Bth.  #C-West                    $895,000.                    SAME                     69

 

CONDO/TOWNHOUSE – COMPARABLE SALES: June 1, 2010 TO June 30, 2010 = (1)

                                                        ORIGINAL     REDUCED     SOLD     CLOSING    DAYS

ADDRESS                                     LIST PRICE     PRICE          PRICE        DATE       onMkt

366 93rd(4)Bed.,(3)Bth. North        $950,000.            SAME          $915,000.     6/7/10         268

 

Average Original               Average Reduced               Average Sold            Average Days on

List Price = $950,000.       List Price = $950,000.         Price = $915,000.      Market = 268

-         -         Difference between ORIGINAL List Price and SOLD Price = (4%)

-         -         Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 7-10-10) = 241

RESIDENTIAL                                                       127

LOTS/LAND                                                            9

COMMERCIAL                                                      9

MULTI-FAMILY                                                    17

CONDO/TOWNHOUSE                                         79