2010-
MAY – AVALON,NJ:
RESIDENTIAL – UNDER CONTRACT: MAY 1, 2010 TO MAY 31,
2010 = (4)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST PRICE LIST PRICE MARKET
179 30TH (3)Bed.,(1)Bth. $884,000. $839,000. 644
38 W. 22nd St. (4)Bed.,(2)Bth. 1,475,000. 998,000. 733
3229 Dune Dr. (4)Bed.,(3.5)Bth. 1,279,000. 999,000. 1,156
7179 Dune Dr. (4)Bed.,(3)Bth. 1,295,000. SAME 109
RESIDENTIAL – COMPARABLE SALES: MAY 1, 2010 TO MAY 31,
2010 = (9)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST PRICE PRICE
PRICE DATE onMkt
3469 Dune(4)Bed.,(2.5)Bth. $1,195,000.
SAME $1,130,000. 5/28/10 36
7036 Ocean(5)Bed.,(4)Bth. 1,450,000.
1,249,000. 1,169,500. 5/3/10 416
1558 Dune(5)Bed.,(5)Bth. 1,425,000.
SAME 1,395,000. 5/20/10 71
247 61st (5)Bed.,(4)Bth. 1,650,000.
1,500,000. 1,400,000. 5/10/10
450
55 W. 29th(5)Bed.,(4)Bth. 1,925,000. 1,789,000.
1,662,500. 5/25/10 345
74 E. 25th(5)Bed.,(4)Bth. 2,099,000. SAME 1,850,000.
5/15/10 123
50 E. 15th(5)Bed.,(4)Bth. 2,795,000. SAME 2,300,000.
5/7/10 582
305 74th(50Bed.,(4/2)Bth. 2,990,000. SAME
2,750,000. 5/21/10 154
* 167 68th(5)Bed.,(5/2)Bth. 6,299,000. 5,495,000.
5,150,000. 5/8/10 263
(1)NEW CONSTRUCTION
(21,828,000.) (20,537,000.) (17,807,000.)
2,440
List Price = $2,425,333. List Price = $2,281, 889.
Price = $1,978,555. Market =
271
-
-
Difference between ORIGINAL List Price and SOLD Price = (19%)
-
-
Difference between ORIGINAL List Price and REDUCED Price = (6%)
LOTS/LAND – UNDER CONTRACT: MAY 1, 2010 TO MAY 31,2010 =
(0)
LOTS/LAND – COMPARABLE SALES: MAY 1, 2010 TO MAY 31, 2010
= (2)
ORIGINAL REDUCED SOLD CLOSING DAYS ON
ADDRESS LIST PRICE PRICE
PRICE DATE Market
223 33rd St.(50’x110’) Duplex $1,099,000. $975,000.
$750,000. 5/3/10 709
85 W. 34th (50’x110’) Res. 2,210,000. 1,895,000. 1,500,000.
5/21/10 752
(3,309,000.) (2,870,000.) (2,250,000.) (1,461)
Average Original Average Reduced Average Sold Average Days on
List Price = $1,654,500. List Price = $1,435,000.
Price = $1,125,000. Market =
730
-
-
Difference between ORIGINAL List Price and SOLD Price = (32%)
-
-
Difference between ORIGINAL List Price and REDUCED Price = (13%)
COMMERCIAL – UNDER CONTRACT: MAY 1, 2010 TO MAY 31, 2010
= (0)
COMMERCIAL – COMPARABLE SALES: MAY 1, 2010 TO MAY 31,
2010 = (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, 2001 TO MAY 31,
2010 = (4)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST PRICE LIST PRICE MARKET
7900 Dune(0)Bed.,(1)Bth. #111 $165,000. SAME 87
262 26th(4)Bed.,(3.5)Bth. West 729,900. SAME 22
* 491 21st(4)Bed.,(4.5)Bth. East 795,000. SAME 31
598 W. 22nd (5)Bed.,(4)Bth. West 1,295,000. SAME 30
(1)NEW CONSTRUCTION
CONDO/TOWNHOUSE – COMPARABLE SALES: MAY 1, 2010 TO MAY
31,2010 =(8)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE DATE onMkt
450 20th(3)Bed.,(2)Bth. “A”1stFl $449,000. SAME
$425,000. 5/15/10 67
486 24th(3)Bed.,(2)Bth.”C” 2ndFl 459,000. SAME 450,000. 5/21/10 30
2248 Avalon(3)Bed.,(1.5)Bth. “A” 669,000.
SAME 572,500. 5/11/10 143
3285 Dune(4)Bed.,(3)Bth. North 725,000.
SAME 700,000. 5/21/10 124
238 25th(5)Bed.,(4)Bth. East 775,000. 759,000. 735,000.
5/28/10 200
251 24th(5)Bed.,(3)Bth. East 759,000. SAME 740,000.
5/15/10 80
* 269 29th(4)Bed.,(3.5)Bth. East 799,000. SAME
785,000. 5/18/10 78
353 39th(4)Bed.,(3)Bth. West 1,250,000. 1,199,000.
1,060,000. 5/25/10 139
(1)NEW CONSTRUCTION
(5,885,000.) (5,818,000.) (5,467,500.) (861)
List Price = $735,625. List Price = $727,250. Price = $683,437. Market = 108
-
-
Difference between ORIGINAL List Price and SOLD Price = (7%)
-
-
Difference between ORIGINAL List Price and REDUCED PRICE = (1%)
LOTS/LAND 26
COMMERCIAL 17
MULTI-FAMILY 12
CONDO/TOWNHOUSE 125