2ND QUARTER STONE HARBOR,NJ 2011 STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

-         APRIL 5 8

-         MAY 2 4

-         JUNE 2 9

(9) (21)

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

APRIL $2,814,125. $2,747,875. $2,457,812. 207

MAY 2,729,750. 2,649,750. 2,466,250. 217

JUNE 2,461,889. 2,291,667. 2,105,278. 399

 

(8,005,764.) (7,689,292.) (7,029,340.) (823)

2ND QUARTER

AVERAGE: $2,668,588. $2,563,097. $2,343,113. 274

-         Difference between ORIGINAL List Price and SOLD Price = (12%)

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

 

2ND QTR RESIDENTIAL NEW CONSTRUCTION UNDER CONTRACT = (0)

2ND QTR RESIDENTIAL NEW CONSTRUCTION COMPARABLE SALES = (2)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

-         APRIL 0 0

-         MAY 0 0

-         JUNE 0 0

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

-         APRIL 0 0

-         MAY 0 0

-         JUNE 0 0

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

-         APRIL 0 1

-         MAY 0 0

-         JUNE 0 0

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

-         APRIL 2 2

-         MAY 0 1

-         JUNE 1 1

(3) (4)

 

ORIGINAL List Price REDUCED List Price SOLD Price Days on Market

APRIL $529,500. $411,500. $329,500. 895

MAY 799,000. 749,000. 724,000. 257

JUNE 749,000. 749,000. 705,000. 74

 

(2,077,500.) (1,909,500.) (1,758,500.) (1,226)

2ND QUARTER

AVERAGE: $692,500. $636,500. $586,167. 409

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

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

 

2ND QTR CONDO/TOWNHOUSE NEW CONSTRUCTION UNDER CONTRACT = (0)

2ND QTR CONDO/TOWNHOUSE NEW CONSTRUCTION COMPARABLE SALES = (0)

 

STONE HARBOR COMPARISON 2ND QTR: 2009-2010-2011:

2ND QTR 2ND QTR 2ND QTR

RESIDENTIAL:2009 RESIDENTIAL:2010 RESIDENTIAL:2011

UNDER CONTRACT: 3 8 9

COMPARBALE SALES: 9 8 21

 

AVERAGE List Price: $2,508,083. $2,038,322. $2,668,588.

AVERAGE SOLD Price: 1,946,097. 1,850,833. 2,343,113.

DAYS on MARKET: 154 168 274

 

2ND QTR:2009 2ND QTR:2010 2ND QTR:2011

CONDO/TOWNHSE. CONDO/TOWNHSE. CONDO/TOWNHSE.

UNDER CONTRACT: 4 2 3

COMPARABLE SALES: 8 4 4

 

AVERAGE List Price: $413,031. $739,667. $692,500.

AVERAGE Sold Price: 376,050. 675,500. 586,167.

DAYS on MARKET: 106 174 409

 

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1st QUARTER STONE HARBOR, NJ 2011 STATISTICS:

UNDER COMPARABLE AVERAGE AVERAGE DAYS ON

CONTRACT SALES LIST PRICE SOLD PRICE MARKET

RESIDENTIAL: 11 6 $1,616,833. $1,170,833. 428

CONDO/TOWNHOUSE: 6 4 466,000. 418,333. 202