1ST QUARTER STONE HARBOR, NJ 2011 STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

-          JANUARY 4 2

-          FEBRUARY 1 3

-          MARCH 6 1

(11) (6)

 

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

JANUARY $2,447,500. $1,772,500. $1,487,500. 854

FEBRUARY 1,684,000. 1,584,000. 1,375,000. 219

MARCH 719,000. 689,000. 650,000. 210

1ST QUARTER

AVERAGE ($1,616,833.) ($1,348,500.) ($1,170,833.) 428

-          Difference between ORIGINAL List Price and SOLD Price = (28%)

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

1ST QTR RESIDENTIAL NEW CONSTRUCTION UNDER CONTRACT = (1)

1ST QTR RESIDENTIAL NEW CONSTRUCTION COMPARABLE SALES = (0)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

-          JANUARY 0 0

-          FEBRUARY 0 0

-          MARCH 0 0

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

-          JANUARY 0 0

-          FEBRUARY 0 0

-          MARCH 0 0

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

-          JANUARY 0 0

-          FEBRUARY 0 0

-          MARCH 1 0

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

-          JANUARY 4 0

-          FEBRUARY 1 3

-          MARCH 1 1

(6) (4)

 

 

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

JANUARY -0- -0- -0- -0-

FEBRUARY 669,000. 617,667. 570,000. 478

MARCH 729,000. 729,000. 685,000. 129

1ST QUARTER

AVERAGE ($466,000.) ($448,889.) ($418,333.) 202

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

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

 

STONE HARBOR COMPARISON 1ST QTR: 2009-2010-2011:

1ST QTR 1ST QTR 1ST QTR

RESIDENTIAL:2009 RESIDENTIAL:2010 RESIDENTIAL:2011

UNDER CONTRACT 8 5 11

COMPARABLE SALES 3 7 6

 

AVERAGE List Price $1,874,167. $1,775,721. $1,616,833.

AVERAGE SOLD Price $1,573,333. $1,525,056. $1,170,833.

DAYS on Market 168 216 428

 

 

1ST QTR 1ST QTR 1ST QTR

CONDO/TOWN:2009 CONDO/TOWN: 2010 CONDO/TOWN:2011

UNDER CONTRACT 1 1 6

COMPARABLE SALES 3 2 4

 

AVERAGE List Price $999,633. $264,500. $466,000.

AVERAGE SOLD Price $565,373. $241,833. $418,333.

DAYS on Market 561 175 202