2012 – Stone Harbor, NJ: 1st, 2nd, 3rd, 4th QTR. Statistics:

RESIDENTIAL:

Average Original Price        Average Reduced        Average SOLD Price        Average Days on Mkt

1st QTR      $ 2,175,083.         $ 2,067,167.                  $ 1,697,833.                                   309

2nd QTR        2,227,492.             2,013,192.                     1,751,863.                                   331

3rd QTR        1,881,096.             1,748,975.                      1,564,327.                                   268

4th QTR        1,673,221.             1,524,877.                      1,368,910.                                   377

                    (7,956,892.)           (7,354,211.)                   (6,382,933)                                 (1,285)

2012

AVERAGE: $ 1,989,223.          $ 1,838,553.                $ 1,595,733.                                   321

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

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

2012 – STONE HARBOR, NJ: TOTAL RESIDENTIAL:  UNDER CONTRACT         COMPARABLE SALES

1ST QTR                                                                                        15                                                 8

2ND QTR                                                                                       15                                                 21

3RD QTR                                                                                       23                                                  28

4TH QTR                                                                                        2                                                    31

                                                                                                    (55)                                               (88)

 

2012 – TOTAL RESIDENTIAL / NEW CONSTRUCTION: UNDER CONTRACT    COMPARABLE SALES

1ST QTR                                                                                                2                                            0

2ND QTR                                                                                                 1                                            2

3RD QTR                                                                                                 2                                             2

4TH QTR                                                                                                 1                                             2

                                                                                                              (6)                                           (6)

2012 – STONE HARBOR – TOTAL RESIDENTIAL – GROSS DOLLARS SOLD = ($138,580,511.)

1ST QTR                        $ 14,349,000.

2ND QTR                           37,794,500.

3RD QTR                           44,016,250.

4TH QTR                           42,420,761.

2012 – STONE HARBOR – LOTS/LAND:           UNDER CONTRACT             COMPARABLE SALES

1ST QTR                                                                                  0                                                  0

2ND QTR                                                                                 0                                                  0

3RD QTR                                                                                  0                                                 1

4TH QTR                                                                                  0                                                  0

                                                                                                                                                   (1)

2012 – STONE HARBOR – COMMERCIAL:          UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                                                     2                                                2

2ND QTR                                                                                    0                                                1

2RD QTR                                                                                   0                                                0

4TH QTR                                                                                     0                                                0

                                                                                                  (2)                                             (3)

 

2012 – STONE HARBOR – MULTI-FAMILY:          UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                                                      4                                                 2

2ND QTR                                                                                     1                                                 2

3RD QTR                                                                                      4                                                 1

4TH QTR                                                                                      0                                                  7

                                                                                                   (9)                                               (12)

 

2012 – STONE HARBOR – CONDO/TOWN:           UNDER CONTRACT             COMPARABLE SALES

1ST QTR                                                                                         7                                                 4

2ND QTR                                                                                        9                                                14

3RD QTR                                                                                         9                                               12

4TH QTR                                                                                         0                                                 9

                                                                                                      (25)                                           (39)

CONDO/TOWNHOUSE:

                Average Original List Price        Average Reduced Price       SOLD Price       Days on Mkt

1st QTR         $ 579,083.                                     $ 535,250.                        $ 503,333.                 343

2ND QTR           797,678.                                        666,294.                           604,889.                  279

3RD QTR           630,578.                                        593,632.                           553,556.                  297

4TH QTR           682,000.                                        657,666.                           595,333.                  403

                       (2,689,339.)                                 (2,452,842.)                      (2,257,111.)           (1,322)

2012

AVERAGE     $ 672,335.                                     $ 613,210.                        $ 564,278.                  330

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

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

2012 – STONE HARBOR – CONDO/TOWN – NEW CONSTRUCTION:

                                                                               UNDER CONTRACT                    COMPARABLE SALES

1ST QTR                                                                                     1                                                       0

2ND QTR                                                                                     1                                                      1

3RD QTR                                                                                      1                                                      1

4TH QTR                                                                                      0                                                      0

                                                                                                   (3)                                                   (2)

2012 – STONE HARBOR – CONDO/TOWN TOTAL GROSS DOLLARS SOLD = ($22,832,500.)

1ST QTR                            $ 2,060,000.

2ND QTR                              8,617,000.

3RD QTR                              6,797,500.

4TH QTR                              5,358,000.

 

2012 – STONE HARBOR, NJ – TOTAL COMPARISON SALES = 143:

RESIDENTIAL                      88

LOTS/LAND                         1

COMMERCIAL                     3

MULTI-FAMILY                   12

CONDO/TOWNHOUSE     39

 

2012 – STONE HARBOR, NJ – SALE INVENTORY:

RESIDENTIAL, LOTS, COMMERCIAL, MULTI-FAMILY & CONDO/TOWNHOUSE.

1ST QTR – JANUARY = 227,   FEBRUARY = 223,   MARHC = 224 – AVERAGE = (225)

2ND QTR – APRIL = 216,   MAY = 216,   JUNE = 219 – AVERAGE = (217)

3RD QTR – JULY = 211,    AUGUST = 210,   SEPTEMBER = 185 – AVERAGE = (199)

4TH QTR – OCTOBER = 170,   NOV., = 155,   DEC., = 138 – AVERAGE = (154)

 

STONE HARBOR,NJ: PAST SALE MARKET COMPARISONS:

RESIDENTIAL                2007               2008               2009               2010               2011               2012

TOTAL SALES:                 59                    44                   40                     40                  57                    88

NEW CONSTRUCTION

RESIDENTIAL:                  6                      11                    6                       6                    3                      6

 

AVERAGE

LIST PRICE:           $ 2,262,034.     2,607,397.    1,985,486.     1,963,516.     1,966,463.    1,989,223.

AVERAGE

SOLD PRICE:            1,905,067.     2,166,062.    1,633,447.     1,708,893.     1,597,422.    1,595,733.

 

% SOLD PRICE

TO LIST PRICE:                16%                17%                18%                13%                 19%             20%

 

RESIDENTIAL

GROSS DOLLARS SOLD:

       (2007)                 (2008)                (2009)                 (2010)               (2011)                 (2012)

$ 119,021,199.     86,308,617.     63,275,000.       63,826,000.       96,460,000.      138,580,511.

 

                                          2007               2008               2009                 2010               2011             2012

Average Days on Mkt:   263                 286                  201                   219                 315               321

CONDO/

TOWNHOUSE:             2007               2008               2009               2010             2011               2012

TOTAL SALES:                19                    15                   24                    12                 19                    39

 

NEW CONSTRUCTION

CONDO/TOWN:             1                      2                      0                      0                   0                      2

 

AVERAGE

LIST PRICE:           $ 817,777.              667,881.          628,282.    457,595.     611,714.      672,335.

AVERAGE

SOLD PRICE:            646,934.              577,597.          476,745.    389,305.     514,889.      564,278.

 

%SOLD PRICE

TO LIST PRICE:             21%                     18%                  24%               15%             16%            16%

 

CONDO/TOWN

GROSS DOLLARS SOLD:

        (2007)               (2008)               (2009)             (2010)             (2011)             (2012)

$ 11,924,000.        9,906,999.      11,527,370.     7,134,500.     10,480,000.    22,832,500.

 

 

Average Days on Mkt:   2007          2008          2009          2010          2011          2012

                                             182            195            305            148             299            330

 

STONE HARBOR,NJ – TOTAL SALES:

All Classes: Residential, Lots, Commercial, Multi-Famliy & Condo/Townhouse:

                                            2007          2008          2009          2010          2011          2012:

                                              86              67               68              59              80               143

 

 

 

1/15/13.