2011 - JUNE – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (2)

                                                                                     ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                    LIST PRICE           LIST PRICE           MARKET

130 87th (3)Bed.,(1.5)Bth.                                       $1,349,000.               SAME             117

411 99th (4)Bed.,(2.5)Bth.                                         2,395,000.          2,195,000.          105

 

 

 

 

 

RESIDENTIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (9)

                                                              ORIGINAL        REDUCED        SOLD        CLOSING      DAYS

ADDRESS                                             LIST PRICE        PRICE              PRICE           DATE        onMkt

206 101st (2)Bed.,(1)Bth.                  $1,200,000.      $669,000.      $550,000.    6/24/11    1,059

141 88th (3)Bed.,(1.5)Bth.                   1,349,000.        SAME          1,134,500.    6/24/11         52

222 104th (5)Bed.,(2)Bth.                    1,599,000.     1,299,000.     1,238,000.    6/17/11        291

257 87th (4)Bed.,(3.5)Bth.                   1,699,000.     1,595,000.     1,300,000.    6/30/11        363

10 88th (4)Bed.,(3)Bth.                         2,850,000.     2,725,000.     2,200,000.    6/30/11         79

*159 86th (5)Bed.,(4/2)Bth.                 3,595,000.     2,599,000.     2,365,000.    6/3/11       1,234

107 122nd (4)Bed.,(3/2)Bth.                3,275,000.     2,899,000.      2,700,000.    6/8/11         352

10825 Sunset (5)Bed.,(4)Bth.              2,995,000.          SAME         2,750,000     6/15/11        124

2 85th (5)Bed.,(3.5)Bth.                         4,495,000.          SAME         3,900,000.    6/24/11         42

(1)NEW CONSTRUCTION

                                                              (22,157,000.)   (20,625,000.)  (18,137,500.)             (3,596)

Average Original               Average Reduced               Average SOLD               Average Days on

List Price = $2,461,889.    List Price = $2,291,667.     Price = $2,015,278.       Market = 399

-         Difference between ORIGINAL List Price and SOLD Price = (18%)

-         Difference between ORIGINAL List Price and REDUCED Price = (7%)

 

LOTS/LAND – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (1)

                                                                                   ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                  LIST PRICE           LIST PRICE            MARKET

10601 Second (4)Bed.,(2)Bth. West                    $899,000.            $887,000.                167

CONDO/TOWNHOUSE – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (1)

                                                                    ORIGINAL        REDUCED        SOLD        CLOSING     DAYS

ADDRESS                                                   LIST PRICE        PRICE              PRICE            DATE       OnMkt

240 105th (4)Bed.,(2/2)Bth. Rear          $749,000.          SAME          $705,000.       6/24/11      74

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

-         Difference between ORIGINAL List Price and REDUCED Pri9ce = (0)

TOTAL STONE HARBOR SALE INVENTORY (AS OF 7-15-2011) = 253:

RESIDENTIAL                                                    141

LOTS/LAND                                                       12

COMMERCIAL                                                   9

MULTI-FAMILY                                                  18

CONDO/TOWNHOUSE                                     73