2010 – MAY – STONE HARBOR,NJ:

RESIDENTIAL – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010 = (3)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

381 95^th(3)Bed.,(2.5)Bth. $799,000. SAME 6

382 94^th(4)Bed.,(3.5)Bth. 1,199,000. SAME 12

10729 Corinthian(5)Bed.,(1.5)Bth. 1,690,000. SAME 22

RESIDENTIAL – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010 = (3)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

* 11700 Third(5)Bed.,(4.5)Bth. $1,800,000. SAME $1,475,000. 5/14/10 350

249 90^th(4)Bed.,(4)Bth. 1,999,900. 1,749,000. 1,550,000. 5/20/10 253

8500 Penn.(4)Bed.,(2)Bth. 1,800,000. SAME 1,800,000. 5/3/10 47

(1)NEW CONSTRUCTION

(5,599,900.) (5,349,000.) (4,825,000.) (650)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,866,633. List Price = $1,783,000. Price = $1,608,333. Market = 217

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

- Difference between ORIGINAL List Price and REDUCED Price = (5%)

LOTS/LAND – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010 = (0)

LOTS/LAND – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010 = (0)

COMMERCIAL – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010 = (0)

COMMERCIAL – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

8302 Third(Bud’sMarket) $2,200,000. SAME $1,700,000. 5/6/10 201

Average List Price = $2,200,000.

Average Reduced Price = $2,200,000.

Average Sold Price = $1,700,000.

Average Days on Market = 210

- Difference between Original List Price and SOLD Price = (23%)

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

MULTI-FAMILY – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010 = (0)

CONDO/TOWNHOUSE – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010 = (0)

CONDO/TOWNHOUSE – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

15 99^th (2)Bed.,(2)Bth. #G $795,000. SAME $700,000. 5/10/10 126

265 105^th(4)Bed.,(2)Bth. East 825,000. SAME 785,000. 5/28/10 62

(1,620,000.) (1,620,000.) (1,485,000.) (188)

Average Original Average Reduced Average Sold Average Days on

List Price = $810,000. List Price = $810,000. Price = $742,500. Market = 94

- Difference between ORIGINAL List Price and SOLD Price = (8%)

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

TOTAL STRONE HARBOR SALE INVENTORY (AS OF 6-10-10) = 231

RESIDENTIAL 124

LOTS/LAND 8

COMMERCIAL 10

MULTI-FAMILY 16

CONDO/TWONHOUSE 73