2010 – OCTOBER – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (3)

                                                                                ORIGINAL                    REDUCED               DAYS ON

ADDRESS                                                               LIST PRICE                   LIST PRICE              MARKET

*10905 Second (3)Bed.,(3)Bth.                        $1,490,000.                  $885,000.                  784

11513 Paradise (5)Bed.,(4.5)Bth.                       2,495,000.                 2,295,000.                  87

102 117th (4)Bed.,(4)Bth.                                     5,095,000.                     SAME                       65

(1)NEW CONSTRUCTION

 

RESIDENTIAL – COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (7)

                                                                ORIGINAL          REDUCED          SOLD          CLOSING      DAYS

ADDRESS                                               LIST PRICE           PRICE                PRICE            DATE       onMkt

27 Stone Ct. (2)Bed.,(1)Bth.               $579,000.          $495,000.          $435,000.     10/22/10    397

397 94th (3)Bed.,(2)Bth.                        699,000.              SAME                622,000.     10/11/10    153

381 95th (3)Bed.,(2.5)Bth.                     799,000.              SAME                785,000.     10/28/10    198

9108 Third (4)Bed.,(2)Bth.                 1,050,000.            925,000.             800,000.     10/29/10    407

*172 83rd (5)Bed.,(4)Bth.                    1,849,000.              SAME            1,650,000.     10/14/10    160

556 Berkley (3)Bed.,(2.5)Bth.             2,350,000.          1,999,000.        1,650,000.     10/8/10      172

148 95th (4)Bed.,(3/2)Bth.                   2,195,000.          1,795,000.        1,700,000.     10/1/10      184

(1)NEW CONSTRUCTION

                                                              (9,521,000.)       (8,741,000.)      (7,642,000.)                  (1,671)

Average Original                    Average Reduced                    Average Sold               Average Days on

List Price = $1,360,143.         List Price = $1,248,714.          Price = $1,091,714.    Market 239

-          -          Difference between ORIGINAL List Price and SOLD Price = (20%)

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

-          -           

LOTS/LAND – UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

LOTS/LAND – COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

COMMERCIAL – UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

MUTLI-FAMILY – UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

MULTI-FAMILY – COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

 

 

 

 

 

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (6)

                                                                         ORIGINAL               REDUCED               DAYS ON

ADDRESS                                                        LIST PRICE              LIST PRICE              MARKET

9816 Second Ave. (2)Bed.,(1)Bth. #6        $440,000.                $395,000.                     458

8300 Second (2)Bed.,(1)Bth. #4                   419,000.                  SAME                           238

257 89th (2)Bed.,(1)Bth. #B,2ndFl                419,900.                   SAME                          66

225 81st (4)Bed.,(2)Bth. #B-2ndFl                699,000.                 679,000.                       202

226 109th (3)Bed.,(2)Bth. #A                         699,000.                    SAME                         142

8222 Third (4)Bed.,(3)Bth. North                 825,000.                 749,000.                       112

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 11/6/2010) = 236

RESIDENTIAL                                                    126

LOTS/LAND                                                       9

COMMERCIAL                                                   8

MULTI-FAMILY                                                  21

CONDO/TOWNHOUSE                                     72