4TH QUARTER AVALON,NJ 2011 STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

OCTOBER 6 8

NOVEMBER 4 8

DECEMBER 3 5

TOTALS: (13) (21)

 

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

OCTOBER $1,870,250. $1,807,250. $1,675,000. 188

NOVEMBER 1,460,112. 1,403,375. 1,189,812. 193

DECEMBER 1,331,200. 1,228,400. 1,132,000. 258

4TH QUARTER

AVERAGE: $1,553,854. $1,479,675. $1,332,227. 213

-          Difference between ORIGINAL List Price and SOLD Price = (14%)

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

 

4TH QTR RESIDENTIAL UNDER CONTRACT = (0)

4TH QTR RESIDENTIAL COMPARABLE SALES = (2)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 1

NOVEMBER 0 0

DECEMBER 0 0

TOTALS: (0) (1)

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

OCTOBER 0 1

NOVEMBER 0 0

DECEMBER 1 0

TOTALS: (1) (1)

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

OCTOBER 1 0

NOVEMBER 0 0

DECEMBER 0 1

TOTALS: (1) (1)

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

OCTOBER 3 8

NOVEMBER 8 3

DECEMBER 5 9

TOTALS: (16) (20)

 

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

OCTOBER $865,875. $811,312. $755,312. 435

NOVEMBER 678,000. 639,667. 596,333. 253

DECEMBER 668,539. 603,322. 562,111. 320

4TH QUARTER

AVERAGE: $737,471. $684,767. $637,919. 336

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

-          Difference between ORIGINAL List Price and REDUCED Price = (7%)

 

4TH QTR CONDO/TOWNHOUSE NEW CONSTRUCTION UNDER CONTRACT = (1)

4TH QTR CONDO/TOWNHOUSE NEW CONSTRUCTION COMPARABLE SALES = (3)