2010 – FEBRUARY – STONE HARBOR, NJ:

 

RESIDENTIAL – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

RESIDENTIAL – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (3)

                                                  ORIGINAL     REDUCED     SOLD     CLOSING    DAYS

ADDRESS                                LIST PRICE     PRICE         PRICE        DATE        onMkt

D22 Weber Ct.(2)Bed.,(1)Bth.  $459,000.          $399,000.       $349,000.     2/27/10         165

122 104th (4)Bed.,(4)Bed.         1,599,000.            SAME         1,450,000.     2/19/10          75

* 144 108th (4)Bed.,(3/2)Bth.    2,390,000.         2,290,000.      2,029,500.     2/2/10           179

(1)NEW CONSTRUCTION

                                                (4,448,000.)        (4,288,000.)   (3,828,500.)                       (419)

Average Original                Average Reduced                Average Sold            Average Days on

List Price= $1,482,667.       List Price= $1,429,333.       Price = $1,276,167.   Market = 140

-         Difference between ORIGINAL List Price and SOLD Price = (14%)

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

 

LOTS/LAND – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

LOTS/LAND – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

 

COMMERCIAL – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 2/1/2010 TO2/28/2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 2/1/2010 TO 2/28/2010 = (0)

CONDO/TOWNHOUSE – COMPARABLE SALES: 2/1/2010 TO 2/28/2010 = (1)

                                                         ORIGINAL     REDUCED     SOLD     CLOSING   DAYS

ADDRESS                                       LIST PRICE     PRICE          PRICE       DATE      onMkt

8218 Third(3)Bed.,(2)Bth. #B-2ndFl  $599,000.        SAME            $546,500.    2/26/10        164

-         Difference between ORIGINAL List Price and SOLD Price = (9%)

-         Difference between ORIGINAL List Price and REDUCED Price = (05)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 3/29/10) = 209

RESIDENTIAL                                                          106

LOTS/LAND                                                               9

COMMERCIAL                                                         13

MULTI-FAMILY                                                       12

CONDO/TOWNHOUSE                                            69