2010 OCTOBER STONE HARBOR,NJ:

 

RESIDENTIAL UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (3)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

*10905 Second (3)Bed.,(3)Bth. $1,490,000. $885,000. 784

11513 Paradise (5)Bed.,(4.5)Bth. 2,495,000. 2,295,000. 87

102 117th (4)Bed.,(4)Bth. 5,095,000. SAME 65

(1)NEW CONSTRUCTION

 

RESIDENTIAL COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (7)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

27 Stone Ct. (2)Bed.,(1)Bth. $579,000. $495,000. $435,000. 10/22/10 397

397 94th (3)Bed.,(2)Bth. 699,000. SAME 622,000. 10/11/10 153

381 95th (3)Bed.,(2.5)Bth. 799,000. SAME 785,000. 10/28/10 198

9108 Third (4)Bed.,(2)Bth. 1,050,000. 925,000. 800,000. 10/29/10 407

*172 83rd (5)Bed.,(4)Bth. 1,849,000. SAME 1,650,000. 10/14/10 160

556 Berkley (3)Bed.,(2.5)Bth. 2,350,000. 1,999,000. 1,650,000. 10/8/10 172

148 95th (4)Bed.,(3/2)Bth. 2,195,000. 1,795,000. 1,700,000. 10/1/10 184

(1)NEW CONSTRUCTION

(9,521,000.) (8,741,000.) (7,642,000.) (1,671)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,360,143. List Price = $1,248,714. Price = $1,091,714. Market 239

-          Difference between ORIGINAL List Price and SOLD Price = (20%)

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

-           

LOTS/LAND UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

LOTS/LAND COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

COMMERCIAL COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

MUTLI-FAMILY UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

 

 

 

 

 

 

CONDO/TOWNHOUSE UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (6)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

9816 Second Ave. (2)Bed.,(1)Bth. #6 $440,000. $395,000. 458

8300 Second (2)Bed.,(1)Bth. #4 419,000. SAME 238

257 89th (2)Bed.,(1)Bth. #B,2ndFl 419,900. SAME 66

225 81st (4)Bed.,(2)Bth. #B-2ndFl 699,000. 679,000. 202

226 109th (3)Bed.,(2)Bth. #A 699,000. SAME 142

8222 Third (4)Bed.,(3)Bth. North 825,000. 749,000. 112

 

CONDO/TOWNHOUSE COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 11/6/2010) = 236

RESIDENTIAL 126

LOTS/LAND 9

COMMERCIAL 8

MULTI-FAMILY 21

CONDO/TOWNHOUSE 72

 

 

2010 NOVEMBER STONE HARBOR, NJ:

 

RESIDENTIAL UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (2)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

308 92nd (3)Bed/.(1/2)Bth. $ 2,000,000. $ 1,150,000. 788

8522 Sunset (4)Bed.,(3)Bth. 2,175,000. 1,875,000. 253

 

RESIDENTIAL COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (4)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

165 99th (4)Bed.,(3)Bth. $ 1,589,000. $1,389,000. $1,250,000. 11/12/10 143

223 119th (6)Bed.,(3)Bth. 1,599,000. SAME 1,435,000. 11/2/10 96

2 86th (5)Bed.,(3)Bth. 3,900,000. SAME 3,450,000. 11/10/10 111

10015 First (6)Bed.,(4.5)Bth. 3,595,000. SAME 3,595,000. 11/4/10 90

(10,683,000.) (10,483,000.) (9,730,000.) (440)

Average Original Average Reduced Average Sold Average Days on

List Price = $2,670,750. List Price = $2,620,750. Price = $2,432,500. Market = 110

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

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

-           

 

LOTS/LAND UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

LOTS/LAND COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

COMMERCIAL COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

CONDO/TOWNHOUSE COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (3)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

8300 Second (2)Bede.,(1)Bth. #4 $419,000. SAME $400,000. 11/23/10 291

257 89th (2)Bed.,(1)Bth. #B,2ndFl 419,900. SAME 415,000. 11/30/10 118

225 81st (4)Bed.,(2)Bth. #B,2ndFl 699,000. 679,000. 651,000. 11/19/10 249

(1,537,900.) (1,517,900.) (1,466,000.) (658)

Average Original Average Reduced Average Sold Average Days on

List Price = $512,633. List Price = $505,967. Price = $488,667. Market = 219

-          Difference between ORIGINAL List Price and SOLD Price = (5%)

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

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 1/8/2011) = 277

RESIDENTIAL 178

LOTS/LAND 4

COMMERCIAL 9

MULTI-FAMILY 19

CONDO/TOWNHOUSE 67

 

2010 DECEMBER STONE HARBOR, NJ:

 

RESIDENTIAL UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (3)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

A-15 Bower Court (2)Bed.,(1)Bth. $679,000. $649,000. 162

213 109th (3)Bed.,(2)Bth. 719,000. 689,000. 124

11205 Third (4)Bed.,(3)Bth. 2,895,000. 2,395,000. 800

 

RESIDENTIAL COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (3)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

*10905 Second (3)Bed.,(3)Bth. $1,490,000. $885,000. $835,000. 12/30/10 852

11513 Paradise (5)Bed.,(4.5)Bth. 2,495,000. 2,295,000. 2,130,000. 12/29/10 162

102 117th (4)Bed.,(4)Bth. 5,095,000. SAME 4,800,000. 12/20/10 139

(1)NEW CONSTRUCTION

(9,080,000.) (8,275,000.) (7,765,000.) (1,153)

Average Original Average Reduced Average Sold Average Days on

List Price = $3,026,667. List Price = $2,758,333. Price = $2,588,333. Market = 384

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

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

 

LOTS/LAND UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

LOTS/LAND COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

COMMERCIAL COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

359 96th (650sq.ft.) $149,900. SAME $122,500. 12/28/10 197

 

MULTI-FAMILY UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

CONDO/TOWNHOUSE COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

226 109th (3)Bed.,(2)Bth. #A $699,000. SAME $635,000. 12/7/10 210

8222 Third (4)Bed.,(3)Bth. North 825,000. $749,000. 689,000. 12/3/10 167

(1,524,000.) (1,448,000.) (1,324,000.) (374)

Average Original Average Reduced Average Sold Average Days on

List Price = $762,000. List Price = $724,000. Price = $662,000. Market = 187

 

TOTAL STONE HARBOR SALE INVENTORY ( AS OF 1/9/2011) = 277

RESIDENTIAL 178

LOTS/LAND 4

COMMERCIAL 9

MULTI-FAMILY 19

CONDO/TOWNHOUSE 67

 

4th QUARTER STONE HARBOR,NJ 2010 STATISTICS:

RESIDENTIAL UNDER CONTRACT COMPARABLE SALES

OCTOBER 3 7

NOVEMBER 2 4

DECEMBER 3 3

(8) (14)

ORIGINAL List Price REDUCED List Price SOLD Price DAYS on MKT.

OCTOBER $1,360,143. $1,248,714. $1,091,714 239

NOVEMBER 2,670,750. 2,620,750. 2,432,500. 110

DECEMBER 3,026,667. 2,758,333. 2,588,333. 384

4TH QTR

AVERAGE ($2,352,520.) ($2,209,266.) (2,037,516.) 244

-          Difference between ORIGINAL List Price and SOLD Price = (13%)

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

 

LOTS/LAND UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 0

NOVEMBER 0 0

DECEMBER 0 0

 

COMMERCIAL UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 0

NOVEMBER 0 0

DECEMBER 0 1

 

MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 0

NOVEMBER 0 0

DECEMBER 0 0

 

CONDO/TOWNHOUSE UNDER CONTRACT COMPARABLE SALES

OCTOBER 6 0

NOVEMBER 0 3

DECEMBER 0 2

(6) (5)

ORIGINAL List Price REDUCED List Price SOLD Price Days on Mkt

OCTOBER -0- -0- -0- -0-

NOVEMBER $512,633. $505,967. $488,667. 219

DECEMBER 762,000. 724,000. 662,000. 187

4TH QUARTER

AVERAGE ($424,878.) ($409,989.) ($383,556.) (135)

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

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