OCTOBER-2008-STONE HARBOR,NJ:

 

RESIDENTIAL UNDER CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

356 89th(3)Bed.,(1)Bth. 35x110 $1,200,000. $990,000. 434

 

RESIDENTIAL COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (5)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

344 89th(3)Bed.,(2)Bth.35x110 $875,000. $849,000. $727,500. 10/1/08 257

167 93rd(4)Bed.,(2)Bth 1,695,000. 1,375,000. 1,281,250. 10/24/08 671

10019 Sunrise(3)Bed.,(2.5)Bth. 1,295,000. SAME 1,293,000. 10/27/08 42

30x110 Lot

260 93rd(4)Bed.,(3/2)Bth. 1,700,000. 1,550,000. 1,325,000. 10/22/08 417

20 100th(5)Bed.,(3)Bth. 2,395,000. SAME 2,000,000. 10/22/08 191

(7,960,000.) (7,464,000.) (6,626,750.) (1,578)

Average Original Average Reduced Average Sold Average Days

List Price = $1,592,000. List Price = $1,492,800. Price = $1,325,350. on Market =316

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

-         Difference between ORIGINAL List Price and REDUCED Price = (6%)

 

LOTS / LAND UNDER CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

LOTS / LAND COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

 

COMMERCIAL UNDER CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

COMMERCIAL COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

 

MULTI-FAMILY UNDER CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

MULTI-FAMILY COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: OCT. 1ST TO OCT. 31ST, 2008 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

312 88th(2)bed.,(1)Bth. 1st Floor-A- $499,900. $399,000. 72

 

CONDO/TOWNHOUSE COMPARABLE SALES: OCT. 1ST TO OCT. 31ST, 2008 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

252 89th(4)Bed.,(3)Bth. North $997,500. $899,000. $845,000. 10/24/08 217

 

 

 

 

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 11/4/2008) = 221

RESIDENTIAL 111

LOTS / LAND 8

COMMERCIAL 10

MULTI-FAMILY 23

CONDO / TOWNHOUSE 69

 

TOTAL STONE HARBOR SALE INVENTORY:

JULY, 2008 = 234

AUGUST, 2008 = 239

SEPTEMBER, 2008 = 225

 

NOVEMBER-2008-STONE HARBOR, NJ:

RESIDENTIAL UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)

RESIDENTIAL COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (4)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE ON MKT.

35 Weber Ct. (1)Bed.,(1)Bth. $525,000. $495,000. $447,000. 11/3/08 395

10911 Sunset(3)Bed.,(2)Bth. 1,775,000. SAME 1,600,000. 11/21/08 84

8519 Third(4)Bed.,(3)Bth. 2,300,000. SAME 1,750,000. 11/24/08 521

119 90TH (4)Bed.,(3/2)Bth. 2,995,000. 2,895,000. 2,675,000. 11/7/08 732

(7,595,000.) (7,465,000.) (6,472,000.) (1,732)

Average Originial Average Reduced Average Sold Average Days on

List Price = 1,898,750. List Price = $1,866,250. Price = $1,618,000. Market =433

-         Difference between Original List Price and SOLD Price = (15%)

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

 

LOTS / LAND UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)

LOTS / LAND COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)

 

COMMERCIAL UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)

COMMERCIAL COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)

MULTI-FAMILY COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)

CONDO/TOWNHOUSE COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 12-14-2008) = 220

RESIDENTIAL 115

LOTS/LAND 8

COMMERCIAL 11

MULTI-FAMILY 23

CONDO/TOWNHOUSE 63