2011- AUGUST – STONE HARBOR, NJ:

 

RESIDENTIAL – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (1)

                                                                                            ORIGINAL            REDUCED          DAYS ON

ADDRESS                                                                            LIST PRICE          LIST PRICE         MARKET

178 83rd (2)Bed.,(2)Bth. 46’x 110’                                  $949,000.           $799,000.             448

 

RESIDENTIAL – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (4)

                                                          ORIGINAL        REDUCED          SOLD          CLOSING        DAYS

ADDRESS                                         LIST PRICE        PRICE                PRICE            DATE            onMkt

210 84th (3)Bed.,(1.5)Bth.            $895,000.          SAME             $852,500.       8/19/11         90

230 120th (4)Bed.,(2)Bth.             1,529,000.       1,399,000.      1,330,000.      8/10/11         313

411 99th (4)Bed.,(2.5)Bth.            2,395,000.       2,195,000.      1,885,000.      8/5/11           166

6 98th (4)Bed.,(3-2)Bth.                2,995,000.          SAME            2,754,750.      8/20/11         60

                                                       (7,814,000.)      (7,484,000.)    (6,822,250.)                         (629)

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $1,953,500.    List Price = $1,871,000.     Price = $1,705,562.    Market = 157

-          Difference between ORIGINAL List Price and SOLD Price = (13%)

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

 

LOTS/LAND – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (1)

                                                                                    ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                   LIST PRICE           LIST PRICE            MARKET

378 83RD (3)Bed.,(2)Bth. #5                                    $639,900.            $580,000.                247

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 10/6/11) = 249

RESIDENTIAL                                    131

LOTS/LAND                                       11

COMMERCIAL                                   11

MULTI-FAMILY                                  18

CONDO/TOWNHOUSE                    78