2010 JUNE STONE HARBOR,NJ:

 

RESIDENTIAL UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (3)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

10007 Second(3)Bed.,(1.5)Bth. $1,225,000. $997,500. 400

279 86th(3)Bed.,(1.5)Bth. 998,500. SAME 44

* 172 83rd(5)Bed.,(4)Bth. 1,849,000. SAME 53

(1)NEW CONSTRUCTION

 

RESIDENTIAL COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (3)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

224 91st (5)Bed.,(3.5)Bth. $1,595,000. $1,495,000. $1,275,000. 6/10/10 540

10729 Corinthian(5)Bed.,(1.5) 1,690,000. SAME 1,525,000. 6/12/10 44

16 84th(4)Bed.,(4/2)Bth. 3,475,000. SAME 3,175,000. 6/17/10 1

(6,760,000.) (6,660,000.) (5,975,000.) (585)

Average Original Average Reduced Average Sold Average Days on

List Price = $2,253,333. List Price = $2,200,000. Price = $1,991,667. Market = 195

-         Difference between ORIGINAL List Price and SOLD Price = (12%)

-         Difference between ORIGINAL List Price and REDUCED Price = (2%)

 

LOTS/LAND UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

LOTS/LAND COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

COMMERCIAL UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

COMMERCIAL COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

MULTI-FAMILY UNDER CONTRCAT: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

MULTI-FAMILY COMPARABLE SALES: JUNE 1, 2010 TO JUNE 30, 2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: JUNE 1, 2010 TO JUNE 30, 2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

205 94th(4)Bed.,(3.5)Bth. #C-West $895,000. SAME 69

 

CONDO/TOWNHOUSE COMPARABLE SALES: June 1, 2010 TO June 30, 2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

366 93rd(4)Bed.,(3)Bth. North $950,000. SAME $915,000. 6/7/10 268

 

Average Original Average Reduced Average Sold Average Days on

List Price = $950,000. List Price = $950,000. Price = $915,000. Market = 268

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

-         Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 7-10-10) = 241

RESIDENTIAL 127

LOTS/LAND 9

COMMERCIAL 9

MULTI-FAMILY 17

CONDO/TOWNHOUSE 79

 

2ND QUARTER 2010 STONE HARBOR STATS:

 

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

APRIL 2 2

MAY 3 3

JUNE 3 3

(8)     (8)

 

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

APRIL $1,995,000. $1,995,000. $1,952,500. 93

MAY 1,866,633. 1,783,000. 1,608,333. 217

JUNE 2,253,333. 2,200,000. 1,991,667. 195

 

(6,114,966.) (5,978,000.) (5,552,500.) (505)

1ST QTR

AVERAGE ($2,038,322.) ($1,992,667.) ($1,850,833.) (168)

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

-         Difference between ORIGINAL List Price and REDUCED Price = (2%)

 

NEW CONSTRUCTION RESIDENTIAL UNDER CONTRACT = (1)

NEW CONSTRUCTION RESIDENTIAL COMPARABLE SALES = (1)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

APRIL 0 1

MAY 0 0

JUNE 0 0

(1)

COMMERCIAL UNDER CONTRACT COMPARABLE SALES

APRIL 0 0

MAY 0 1

JUNE 0 0

(1)

MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES

APRIL 0 1

MAY 0 0

JUNE 0 0

(1)

 

 

CONDO/TOWNHOUSE UNDER CONTRACT COMPARABLE SALES

APRIL 1 1

MAY 0 2

JUNE 1 1

(2)       (4)

 

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

APRIL $459,000. $429,000. $369,000. 160

MAY 810,000. 810,000. 742,500. 94

JUNE 950,000. 950,000. 915,000. 268

 

($2,219,000.) ($2,189,000.) ($2,026,500.) (522)

2ND QTR

AVERAGE ($739,667.) ($729,667.) ($675,500.) (174)

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

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

 

As Compared to 1st QTR Stone Harbor, NJ 2010:

 

1ST QTR RESIDENTIAL UNDER CONTRACT = (5) UNITS

1ST QTR RESIDENTIAL COMPARABLE SALES = (7) UNITS

AVERAGE 1ST QTR RESIDENTIAL SALE LISTING PRICE = $1,775,721.

AVERAGE 1ST QTR RESIDENTIAL REDUCED LISTIN PRICE = $1,691,277.

AVERAGE 1ST QTR RESIDENTIAL SOLD PRICE = $1,525,056.

AVERAGE 1ST QTR RESIDENTIAL DAYS ON MARKET = 216

 

RESIDENTIAL NEW CONSTRUCTION UNDER CONTRACT = (1)

RESIDENTIAL NEW CONSTRUCTION COMPARABLE SALES = (2)

 

1ST QTR LOTS/LAND UNDER CONTRACT = (1)

1ST QTR LOTS/LAND COMPARABLE SALES = (1)

 

1ST QTR COMMERCIAL - UNDER CONTRACT / COMPARABLE SALES = (0)

 

1ST QTR MULTI-FAMILY UNDER CONTRACT = (1)

1ST QTR MULTI-FAMILY COMPARABLE SALES = (2)

 

1ST QTR CONDO/TWONHOUSE UNDER CONTRACT = (1)

1ST QTR CONDO/TOWNHOUSE COMPARABLE SALES = (2)

AVERAGE 1ST QTR CONDO/TOWNHOUSE SALE LISTING RPICE = $264,500.

AVERAGE 1ST QTR CONDO/TOWNHOUSE REDUCED LIST PRICE = $264,500.

AVERAGE 1ST QTR CONDO/TOWNHOUSE SOLD PRICE = $241,833.

AVERAGE 1ST QTR CONDO/TOWNHOUSE DAYS ON MARKET = 175