4th QUARTER – STONE HARBOR,NJ – 2010 STATISTICS:

RESIDENTIAL                                       UNDER CONTRACT                    COMPARABLE SALES

     OCTOBER                                                          3                                                   7

     NOVEMBER                                                      2                                                   4

     DECEMBER                                                       3                                                   3

                                                                               (8)                                                (14)

                            ORIGINAL List Price     REDUCED List Price     SOLD Price     DAYS on MKT.

OCTOBER          $1,360,143.                    $1,248,714.                  $1,091,714              239

NOVEMBER        2,670,750.                      2,620,750.                     2,432,500.            110

DECEMBER          3,026,667.                     2,758,333.                     2,588,333.            384

4TH QTR

AVERAGE            ($2,352,520.)                 ($2,209,266.)               (2,037,516.)           244

-          -          Difference between ORIGINAL List Price and SOLD Price = (13%)

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

 

LOTS/LAND                   UNDER CONTRACT                   COMPARABLE SALES

     OCTOBER                                 0                                                       0

     NOVEMBER                             0                                                       0

     DECEMBER                              0                                                       0

 

COMMERCIAL               UNDER CONTRACT                    COMPARABLE SALES

     OCTOBER                                  0                                                      0

     NOVEMBER                              0                                                      0

     DECEMBER                               0                                                      1

 

MULTI-FAMILY              UNDER CONTRACT                    COMPARABLE SALES

     OCTOBER                                  0                                                      0

     NOVEMBER                              0                                                      0

     DECEMBER                               0                                                      0

 

CONDO/TOWNHOUSE          UNDER CONTRACT            COMPARABLE SALES

     OCTOBER                                             6                                            0

     NOVEMBER                                         0                                            3

     DECEMBER                                          0                                            2

                                                                 (6)                                           (5)  

                            ORIGINAL List Price         REDUCED List Price        SOLD Price        Days on Mkt

OCTOBER                      -0-                                        -0-                                 -0-                         -0-

NOVEMBER          $512,633.                          $505,967.                        $488,667.               219

 DECEMBER            762,000.                             724,000.                          662,000.               187

4TH QUARTER

AVERAGE              ($424,878.)                        ($409,989.)                       ($383,556.)          (135)

-          -          Difference between ORIGINAL List Price and SOLD Price = (10%)

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