2011 – APRIL – STONE HARBOR,NJ:
RESIDENTIAL – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (5)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
10609 First (4)Bed.,(3)Bth. $1,595,000. SAME 15
10611 Third (4)Bed., (3)Bth. 1,869,000. 1,689,000. 238
8830 First (4)Bed.,(3)Bth. 2,300,000. 2,150,000. 200
5 101st (4)Bed.,(5.5)Bth. 3,295,000. 2,975,000. 591
10207 Sunrise (4)Bed.,(3.5)Bth. 3,350,000. SAME 32
RESIDENTIAL –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (8)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
A-15 Bower Ct. (2)Bed.,(1)Bth. $679,000. $649,000. $625,000. 4/15/11 288
247 85th (5)Bed.,(3.5)Bth. 1,475,000. 1,375,000. 1,250,000. 4/29/11 163
115 106th (5)Bed., (4)Bth. 2,195,000. 1,995,000. 1,600,000. 4/4/11 289
245 101st (6)Bed.,(3/2)Bth. 2,399,000. 2,199,000. 1,965,000. 4/11/11 578
11857 Paradise (5)Bed.,(3)Bth. 2,195,000. SAME 2,012,500. 4/9/11 73
372 92nd (4)Bed.,(3)Bth. 3,675,000. SAME 3,250,000. 4/22/11 136
10529 Third (5)Bed.,(6)Bth. 3,995,000. SAME 3,500,000. 4/26/11 70
*1 015th (5)Bed.,(3.5)Bth. 5,900,000. SAME 5,460,000. 4/18/11 59
(1)NEW CONSTRUCTION
(22,513,000.) (21,983,000.) (19,662,500.) (1,656)
Average Original Average Reduced Average SOLD Average Days on
List Price =
$2,814,125. List Price =
$2,747,875. Price = $2,457,812. Market = 207
-
Difference between
ORIGINAL List Price and SOLD Price= (13%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (2%)
LOTS/LAND – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
LOTS/LAND –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)
COMMERCIAL – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
COMMERCIAL –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (1)
ORIGINAL REDUCED
SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
363 93rd (2/2)Bed., (1/1)Bth. $999,000. $925,000. $830,000. 4/29/11 176
-
Difference between ORIGINAL List Price and SOLD Price
= (17%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (8%)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (2)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
240 105TH (4)Bed.,(2/2)Bth. Rear $749,000. SAME 9
331 87th (4)Bed.,(2.5)Bth. Rear 799,000. 749,000. 218
CONDO/TOWNHOUSE –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (2)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE
PRICE DATE onMKT
8811 Third (3)Bed.,(1)Bth. #4 $564,000. $374,000. $290,000. 4/8/11 1,417
8001 Second (2)Bed.,(2)Bth. #304 495,000. 449,000. 369,000. 4/27/11 374
(1,059,000.) (823,000.) (659,000.) (1,791)
Average Original Average Reduced Average Sold Average Days on
List Price =
$529,500. List Price =
$411,500. Price = $329,500. Market = 895
-
Difference between
ORIGINAL List Price and SOLD Price = (38%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (22%)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 5-5-11) = 245
RESIDENTIAL
133
LOTS/LAND
11
COMMERCIAL
9
MULTI-FAMILY 18
CONDO/TOWNHOUSE 74