2010 – AUGUST – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (7)

                                                                     ORIGINAL               REDUCED             DAYS ON

ADDRESS                                                   LIST PRICE             LIST PRICE          MARKET

10015 First (6)Bed.,(4.5)Bth.                      $3,595,000.                     SAME                         1

225 110th (3)Bed.,(2.5)Bth.                              875,000.                  795,000.                          27

397 94th (3)Bed.,(2)Bth.                                   699,000.                     SAME                          90

115 109th (3)Bed.,(1.5)Bth.                           2,250,000.                     SAME                          152

255 99th (4)Bed.,(2)Bth.                                1,249,000.                     SAME                           174

135 107th (5)Bed.,(2.5)bth.                            2,050,000.                 1,975,000.                         234

206 101st (2)Bed.,(1)Bth.                              1,200,000.                     699,000.                        740

 

RESIDENTIAL – COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (3)

                                                   ORIGINAL     REDUCED     SOLD     CLOSING     DAYS ADDRESS                                 LIST PRICE    PRICE           PRICE       DATE        onMkt

8301 First (4)Bed.,(3)Bth.               $2,395,000.   SAME        $2,162,500.    8/30/10         49

9930 Corinthian (6)Bed.,(4.5)Bth.    3,395,000.  2,795,000.     2,625,000.    8/16/10         182

* 241 109th (4)Bed.,(3.5)Bth.            1,299,000.    SAME         1,175,000.    8/7/10           239

(1)NEW CONSTRUCTION

                                                        (7,089,000.)  (6,489,000.)  (5,962,500.)                   (470)

Average Original               Average Reduced               Average Sold            Average Days on

List Price = $2,363,000.     List Price = $2,163,000.     Price = $1,987,500.   Market = 157

-         -         Difference between ORIGINAL List Price and SOLD Price = (16%)

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

 

LOTS/LAND – UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (0)

LOTS/LAND – COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

COMMERCIAL – UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (1)

                                                          ORIGINAL            REDUCED            DAYS ON

ADDRESS                                       LIST PRICE           LIST PRICE         MARKET

9511 Sunset (1)Bed.,(1)Bth. #403    $309,000.                 $299,000.                    158

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 8/1/2010 TO 8/31/2010  = (0)

 

 

 

 

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 9-11-2010) = 249:

RESIDENTIAL                                             130

LOTS/LAND                                                   11

COMMERCIAL                                              9

MULTI-FAMILY                                          18

CONDO/TOWNHOUSE                               81