2011- JULY – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

RESIDENTIAL – COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (4)

                                                              ORIGINAL        REDUCED        SOLD        CLOSING        DAYS

ADDRESS                                             LIST PRICE           PRICE           PRICE           DATE          onMkt

E-43 Stone Court (2)Bed.,(1)Bth.    $499,000.         $415,000.     $370,000.     7/29/11        365

242 83rd St. (2)Bed.,(1)Bth.             1,149,000.            959,900.       650,000.     7/27/11        435

10611 Third (4)Bed.,(3)Bth.            1,869,000.         1,689,000.    1,500,000.    7/11/11         329

14 93rd (5)Bed.,(5/2)Bth.                 3,995,000.             SAME         3,350,000.    7/15/11         120

                                                           (7,512,000.)      (7,058,900.)   (5,870,000.)                      (1,249)

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $1,878,000.     List Price = $1,764,725.      Price = $1,467,500.    Market = 312

-          Difference between ORIGINAL List Price and SOLD Price = (22%)

-          Difference between ORIGINAL List Price and REDUCED Price = (6%)

 

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

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

 

COMMERCIAL – UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

COMMERCIAL – COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

MULTI-FMAILY – COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

CONDO/TOWNHOUSE – COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (1)

                                                                       ORIGINAL        REDUCED        SOLD        CLOSING     DAYS

ADDRESS                                                      LIST PRICE           PRICE           PRICE           DATE      onMkt

8001 Second Ave. (2)Bed.,(2)Bth. #315   $569,000.         $379,000.     $350,000.    7/8/11       266

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $569,000.       List Price = $379,000.         Price = $350,000.        Market = 266

-          Difference between ORIGINAL List Price and SOLD Price = (39%)

-          Difference between ORIGINAL List Price and REDUCED Price = (33%)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 9-8-2011) = 257:

RESIDENTIAL                                                      136

LOTS/LAND                                                         14

COMMERCIAL                                                     9

MULTI-FAMILY                                                    20

CONDO/TOWNHOUSE                                      78