3RD QTR – STONE HARBOR, NJ - STATISTICS:

 

RESIDENTIAL                          UNDER CONTRACT            COMPARABLE SALES

JULY                                                                  2                                                    1

AUGUST                                                            7                                                    3

SEPTEMBER                                                    5                                                    5

                                                                           (14)                                                 (9)

                       ORIGINAL List Price     REDUCED List Price     SOLD Price    Days on Mkt

JULY             $ 1,225,000.                        $ 997,500.                         $ 950,000.            424

AUGUST          2,363,000.                        2,163,000.                         1,987,500.            157

SEPTEMBER  1,474,500.                        1,443,500.                         1,329,000.            160

                         ($ 5,062,500.)                 ($ 4,604,000.)                    ($ 4,266,500.)        (741)

3RD QTR

AVERAGE       $  1,687,500.                  $ 1,534, 667.                     $ 1,422,167.            247

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

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

 

3RD QTR RESIDENTIAL – NEW CONSTRUCTION – UNDER CONTRACT = (1)

3RD QTR RESIDENTIAL – NEW CONSTRUCTION – COMPARABLE SALES = (1)

 

LOTS/LAND               UNDER CONTRACT               COMPARABLE SALES

JULY                                            0                                                            0

AUGUST                                      0                                                            0

SEPTEMBER                              0                                                            0

 

COMMERCIAL         UNDER CONTRACT                COMPARABLE SALES

JULY                                            0                                                             0

AUGUST                                      0                                                             0

SEPTEMBER                              0                                                             0

 

 

MULTI-FAMILY        UNDER CONTRACT                COMPARABLE SALES

JULY                                                0                                                       0

 AUGUST                                         0                                                       0

SEPTEMBER                                  0                                                       0

 

CONDO/TOWNHOUSE     UNDER CONTRACT          COMPARABLE SALES

JULY                                                 0                                                       0

AUGUST                                           1                                                       0

SEPTEMBER                                   0                                                       1

(1)                                                      (1)

                       ORIGINAL List Price     REDUCED List Price     SOLD Price    Days on Mkt

JULY               $ 0                                    $ 0                                      $ 0                           -0-

AUGUST           309,000.                            299,000.                             0                          158

SEPTEMBER   895,000.                            895,000.                             850,000.              170

                           ($ 1,204,000.)                   ($ 1,194,000.)                    ($850,000.)           (328)

3RD QTR

AVERAGE       $ 401,333.                         $ 398,000.                          $ 283,333.       109

-         Difference between ORIGINAL List Price and SOLD Price = (30%)

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

 

3RD QTR – NEW CONSTRUCTION CONDO/TOWNHOUSE – Under Contract = (0)

3RD QTR – NEW CONSTRUCTION CONDO/TOWNHOUSE – Comparable Sales = (0)

 

 

1ST-2ND-3RD QTR – 2010 – STONE HARBOR –DATA

 

RESIDENTIAL                    UNDER CONTRACT               COMPARABLE SALES

1ST QTR                                                 5                                                            7

2ND QTR                                                 8                                                            8

3RD QTR                                                 14                                                          9

                                                              (27)                                                        (24)

RESIDENTIAL

AVERAGE:  ORIGINAL List Price     REDUCED List Price     SOLD Price    Days on Mkt

1ST QTR         $ 1,775,721.                       $ 1,691,277.                       $ 1,525,056.           216

2ND QTR            2,038,322.                          1,992,667.                          1,850,833.          168

3RD QTR            1,687,500.                          1,534,667.                          1,422,167.          247

 

RESIDENTIAL – GROSS DOLLARS SOLD:

1ST QTR = $ 10,426,500.

2ND QTR = $ 14,705,000.

3RD QTR = $ 13,557,500.

 

 

 

 

RESIDENTIAL

NEW CONSTRUCTION         UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                        1                                                   2

2ND QTR                                                        1                                                  1

3RD QTR                                                        1                                                  1

 

LOTS/LAND                               UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                         1                                                   1

2ND QTR                                                         0                                                   1

3RD QTR                                                         0                                                   0

 

COMMERCIAL                          UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                          0                                                    0

2ND QTR                                                          0                                                    1

3RD QTR                                                          0                                                    0

 

MULTI-FAMILY                         UNDER CONTRACT            COMPARABLE SALES

1ST QTR                                                            1                                                   2

2ND QTR                                                            0                                                  1

3RD QTR                                                            0                                                  0

 

CONDO/TOWNHOUSE             UNDER CONTRACT              COMPARABLE SALES

1ST QTR                                                            1                                                   2

2ND QTR                                                            2                                                  4

3RD QTR                                                            1                                                  1

                                                                           (4)                                               (7)

CONDO/TOWNHOUSE

AVERAGE: ORIGINAL List Price     REDUCED List Price     SOLD Price   Days on Mkt

1ST QTR          $ 264,500.                          $ 264,500.                        $ 241,833.               175

2ND QTR            739,667.                             729,667.                           675,500.                174

3RD QTR            401,333.                             398,000.                           283,333.                109

 

CONDO/TOWNHOUSE – GROSS DOLLARS SOLD:

1ST QTR = $ 725,500.

2ND QTR = $ 2,769,000.

3RD QTR = $ 850,000.

 

CONDO/TOWNHOUSE

NEW CONSTRUCTION                 UNDER CONTRACT              COMPARABLE SALES

1ST QTR                                                                0                                                   0

2ND QTR                                                                0                                                   0

3RD QTR                                                                0                                                   0