4TH QUARTER AVALON,NJ 2010 STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

OCTOBER 4 6

NOVEMBER 5 8

DECEMBER 6 15

(15) (29)

ORIGINAL List Price REDUCED List Price SOLD Price Days on MKT

OCTOBER $ 2,840,500. $ 2,510,492. $ 2,084,417. 528

NOVEMBER 1,707,125. 1,500,362. 1,304,062. 527

DECEMBER 1,435,933. 1,319,949. 1,210,358. 360

4TH QUARTER

AVERAGE: $ 1,994,519. $ 1,776,934. $ 1,532,946. 472

-          Difference between ORIGINAL List Price and SOLD Price = (23%)

-          Difference between ORIGINAL List Price and REDUCED Price = (11%)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 0

NOVEMBER 0 0

DECEMBER 1 1

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 0

NOVEMBER 0 0

DECEMBER 0 1

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 1

NOVEMBER 0 0

DECEMBER 0 0

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

OCTOBER 5 8

NOVEMBER 0 8

DECEMBER 0 5

(5) (21)

ORIGINAL List Price REDUCED List Price SOLD Price Days on MKT

OCTOBER $ 875,875. $ 848,250. $ 764,375. 148

NOVEMBER 745,687. 670,425. 632,375. 395

DECEMBER 750,560. 658,760. 584,120. 468

4TH QUARTER

AVERAGE: $ 790,707. $ 715,812. $ 660,290. 337

-          Difference between ORIGINAL List Price and SOLD Price = (17%)

-          Difference between ORIGINAL List Price and REDUCED Price = (10%)

2010 AVALON,NJ: 1ST-2ND-3RD-4TH QTR. STATISTICS:

RESIDENTIAL:

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

1ST QTR $ 1,543,767. $ 1,471,667. $ 1,359,583. 163

2ND QTR 1,891,186. 1,765,880. 1,592,240. 309

3RD QTR 1,921,324. 1,641,611. 1,468,593. 263

4TH QTR 1,994,519. 1,776,934. 1,532,946. 472

 

2010

AVERAGE: $ 1,837,699. $ 1,664,023. $ 1,488,340. 302

-          Difference between ORIGINAL List Price and SOLD Price = (19%)

-          Difference between ORIGINAL List Price and REDUCED Price = (10%)

TOTAL RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

1ST QTR 14 17

2ND QTR 10 17

3RD QTR 27 24

4TH QTR 15 29

(66) (87)

TOTAL RESIDENTIAL NEW CONSTRUCTION SALES: UNDER CONTRACT COMPARABLE SALES

1ST QTR 1 1

2ND QTR 0 1

3RD QTR 4 3

4TH QTR 1 4

(6) (9)

2010 AVALON,NJ TOTAL RESIDENTIAL GROSS DOLLARS SOLD = ($ 129,889,031.)

1ST QTR $ 24,765,000.

2ND QTR 28,999,666.

3RD QTR 35,031,500.

4TH QTR 41,092,865.($129,889,031.)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

1ST QTR 2 1

2ND QTR 0 3

3RD QTR 1 1

4TH QTR 1 1

(4) (6)

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

1ST QTR 0 0

2ND QTR 0 0

3RD QTR 0 0

4TH QTR 0 1

(1)

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

1ST QTR 0 0

2ND QTR 1 0

3RD QTR 0 1

4TH QTR 0 1

(1)  (2)

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

1ST QTR 11 10

2ND QTR 13 16

3RD QTR 19 13

4TH QTR 5 21

(48) (60)

CONDO/TOWNHOUSE:

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

1ST QTR $ 904,905. $ 754,714. $ 664,881. 543

2ND QTR 679,353. 667,788. 624,535. 152

3RD QTR 648,249. 618,732. 566,333. 270

4TH QTR 790,707. 715,812. 660,290. 337

 

2010

AVERAGE: $ 755,803. $ 689,261. $ 629,010. 325

-          Difference between ORIGINAL List Price and SOLD Price = (17%)

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

 

2010 CONDO/TOWNHOUSE TOTAL NEW CONSTRUCTION UNITS:

UNDER CONTRACT COMPARABLE SALES

1ST QTR 3 1

2ND QTR 0 1

3RD QTR 1 1

4TH QTR 0 0

(4) (3)

 

2010 TOTAL CONDO/TOWNHOUSE AVALON,NJ: GROSS DOLLARS SOLD = ($39,001,100.)

1ST QTR $ 7,627,500.

2ND QTR 9,975,000.

3RD QTR 7,304,000.

4TH QTR 14,094,600..($39,001,100.)

 

2010 AVALON, NJ. TOTAL COMPARABLE SALES (ALL CLASSESS/UNITS) = (156)

RESIDENTIAL 87

LOTS/LAND 6

COMMERCIAL 1

MULTI-FAMILY 2

CONDO/TOWNHOUSE 60..(156)