2009 – OCTOBER – STONE HARBOR, NJ:

 

RESIDENTIAL – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (2)

                                                           ORIGINAL           REDUCED            DAYS ON

ADDRESS                                         LIST PRICE          PRICE                  MARKET

10408 Third (4)Bed.,(3.5)Bth.           $1,795,000.             $1,595,000.              279

210 118th (5)Bed.,(5)Bth.                     2,595,000.               2,495,000.              151

 

RESIDENTIAL – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (6)

                                                   ORIGINAL     REDUCED     SOLD     CLOSING     DOM

ADDRESS                                LIST PRICE       PRICE         PRICE         DATE

261 84TH(3)Bed.,(2)Bth.50x55  $725,000.              SAME         $637,500.      10/5/09       187

222 91st(3)Bed.,(2)Bth.                997,500.              SAME          975,000.       10/20/09     50

215 119th(4)Bed.,(2.5)Bth.        1,650,000.              SAME        1,450,000.      10/23/09     38

134 110th(6)Bed.,(4)Bth.           1,849,000.              SAME         1,580,000.     10/26/09     167

9901 First(4)Bed.,(4)Bth.          2,495,000.           2,389,000.      2,000,000.     10/10/09     191

* 129 109th(5)Bed.,(5)Bth.        3,195,000.               SAME        2,800,000.     10/2/09        108

(1) NEW CONSTRUCTION

                                                (10,911,500.)     (10,805,500.)    (9,442,500.)                      (741)

Average Original               Average Reduced               Average Sold            Days on

List Price = $1,818,583.     List Price = $1,800,917.     Price = $1,573,750.   Market = 123

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

-         Difference between ORIGINAL List Price and REDUCED Price = (1%)

 

LOTS/LAND – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

LOTS/LAND – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

COMMERCIAL – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

COMMERCIAL – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

MULTI-FAMILY – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (2)

                                                                        ORIGINAL            REDUCED          DAYS ON

ADDRESS                                                      LIST PRICE          LIST PRICE       MARKET

351 96th (2)Bed.,(1)Bth. #205                          $419,000.                 $385,000.                 72

259 104th (3)Bed.,(1.5)Bth. #3                           579,000.                   SAME                     6

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 – (1)

                                                          ORIGINAL     REDUCED     SOLD     CLOSING   DOM

ADDRESS                                        LIST PRICE     PRICE          PRICE        DATE

9501 Sunset (2)Bed.,(2)Bth. #10       $370,900.          $369,899.       $395,000.    10/16/09     126

 

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 12-4-09) = 186

RESIDENTIAL                                                          99

LOTS/LAND                                                               8

COMMERCIAL                                                         8

MULTI-FAMILY                                                       13

CONDO/TOWNHOUSE                                            58