2011 JANUARY AVALON, NJ:

RESIDENTIAL UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (8)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

146 32nd St. (5)Bed.,(2)Bth. $850,000. SAME 167

370 24th St. (4)Bed.,(2.5)Bth. 895,000. SAME 89

254 24th St. (4)Bed.,(3.5)Bth. 1,090,000. 914,900. 409

759 Third Ave. (6)Bed.,(4)Bth. 1,195,000. SAME 13

164 22nd St. (5)Bed.,(5.5)Bth. 1,575,000. SAME 50

216 77th St. (5)Bed.,(5/2)Bth. 1,897,600. SAME 92

10 E. 12th St. (7)Bed.,(4.5)Bth. 2,795,000. 2,650,000. 326

6212 Dune Dr. (6)Bed.,(5/3)Bth. 3,395,000. SAME 139

 

RESIDENTIAL COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (8)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE LIST PRICE PRICE DATE onMkt

186 11th (3)Bed., (1)Bth. $899,000. $799,000. $720,000. 1/15/11 194

73 W. 11th (4)Bed.,(2.5)Bth. 1,055,000. 899,000. 775,125. 1/28/11 276

178 39th (3)Bed.,(1)Bth. 879,000. SAME 820,000. 1/28/11 121

26 W. 15th (3)Bed.,(2)Bth. 925,000. SAME 850,000. 1/29/11 486

408 42nd (4)Bed.,(2)Bth. 1,850,000. 1,250,000. 1,050,000. 1/13/11 302

*148 12th (5)Bed.(5)Bth. 1,695,000. 1,595,000. 1,550,000. 1/27/11 538

4988 Ocean (5)Bed.,(3.5)Bth. 3,050,000. SAME 3,050,000. 1/24/11 34

92 E. 14th (5)Bed.,(5.5)Bth. 5,495,000. SAME 5,000,000. 1/21/11 102

(1)NEW CONSTRUCTION

(15,848,000.) (14,892,000.) (13,815,125.) (2,053)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,981,000. List Price = $1,861,500. Price = $1,726,891. Market = 257

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

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

 

LOTS/LAND UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (0)

LOTS/LAND COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (0)

 

COMMERCIAL UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (0)

COMMERCIAL COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (0)

MULTI-FAMILY COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

3289 Ocean (3/1)Bed., (1/1)Bth. $869,000. SAME $750,000. 1/21/11 78

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

-          -          Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (6)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE PRICE MARKET

300 79th (3)Bed.,(2)Bth. #A-9 $469,000. SAME 13

317 80th (3)Bed.,(2)Bth. #317 539,000. SAME 5

2026 Sixth (5)Bed.,(3.5)Bth. North 599,000. SAME 40

153 38th (3)Bed., (1)Bth. #153 1,195,000. 699,000. 1,678

408 24th (5)Bed.,(4)Bth. West 1,349,000. 799,900. 1,937

*615 Sunrise(5)Bed.,(4)Bth. West 1,395,000. SAME 14

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (0)

 

TOTAL AVALON SALE INVENTORY (AS OF 2/3/2011) = 328

RESIDENTIAL 178

LOTS/LAND 22

COMMERCIAL 8

MULTI-FAMILY 8

CONDO/TOWNHOUSE 112

 

2011 FEBRUARY AVALON, NJ:

RESIDENTIAL UNDER CONTRACT: 2/1/11 TO 2/28/11 = (8)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

214 54th (6)Bed.,(2.5)Bth. $895,000. SAME 60

14 E. 20th (3)Bed.,(1.5)Bth. 55x60 1,149,300. 899,000. 886

10 W. 12th (3)Bed.,(2)Bth. 1,280,000. 1,099,000. 370

712 21st (4)Bed.,(2.5)Bth. 1,450,000. 1,495,000. 416

4309 Fifth Ave. (4)Bed.,(2)Bth. 1,595,000. SAME 15

46 E. 19th (6)Bed.,(3)Bth. 1,749,000. 1,649,000. 174

*56 W. 20th (5)Bed.,(5)Bth. 1,735,000. 1,699,000. 132

*25W. 17th (6)Bed.,(6)Bth. 1,895,000. SAME 43

(2)NEW CONSTRUCTION

 

RESIDENTIAL COMPARABLE SALES: 2/1/11 TO 2/28/11 = (8)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDREESS LIST PRICE PRICE PRICE DATE onMkt

118 20th (3)Bed.,(1.5)Bth. $825,000. SAME $650,000. 2/18/11 39

146 32nd (5)Bed.,(2)Bth. 850,000. SAME 805,000. 2/4/11 179

254 24th (4)Bed.,(3.5)Bth. 1,090,000. 914,900. 875,000. 2/22/11 459

226 54th (3)Bed.,(1.5)Bth. 997,500. SAME 889,862. 2/11/11 362

588 3rd (5)Bed.,(3)Bth. 1,549,000. SAME 1,405,000. 2/10/11 108

168 35th (4)Bed.,(3)Bth. 1,695,000. 1,595,000. 1,500,000. 2/14/11 406

11 E. 11th (5)Bed.,(4.5)Bth. 2,099,000. 1,699,000. 1,580,000. 2/18/11 448

25 W. 33rd (5)Bed.,(5/2)Bth. 7,800,000. SAME 7,000,000. 2/25/11 39

(16,905,500.) (16,230,400.) (14,704,862.) (2,040)

Average Original Average Reduced Average Sold Average Days on

List Price = $2,113,187. List Price = $2,028,800. Price = $1,838,108. Market = 255

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

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

 

LOTS/LAND UNDER CONTRACT: 2/1/11 TO 2/28/11 = (0)

LOTS/LAND COMPARABLE SALES: 2/1/11 TO 2/28/11 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

226 66th - 60x 110 $1,125,000. SAME $1,125,000. 2/11/11 38

 

Average Original Average Reduced Average Sold Average Days on

List Price = $1,125,000. List Price = $1,125,000. Price = $1,125,000. Market = 38

-          -          Difference between ORIGINAL List Price and SOLD Price = (0%)

-          -          Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

COMMERCIAL UNDER CONTRACT: 2/1/2011 TO 2/28/2011 = (0)

COMMERCIAL COMPARABLE SALES: 2/1/2011 TO 2/28/2011 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 2/1/11 TO 2/28/11 = (0)

MULTI-FAMILY COMPARABLE SALES: 2/1/11 TO 2/28/11 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 2/1/11 TO 2/28/11 = (5)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

2103 Ocean Dr. (3)Bed.,(2.5)Bth. #2103 $535,000. SAME 23

266 33rd St. (4)Bed.,(3)Bth. East 699,000. SAME 6

*254 29th St. (5)Bed.,(3.5)Bth. West 849,000. SAME 157

396 20th St. (5)Bed.,(4)Bth. #396 869,000. SAME 22

*6594 Ocean Dr. (5)Bed.,(3.5)Bth. #6594 949,000. SAME 27

(2)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 2/1/11 TO 2/28/11 = (0)

 

TOTAL AVALON SALE INVENTORY (AS OF 3/6/11) = 353

RESIDENTIAL 184

LOTS/LAND 28

COMMERCIAL 15

MULTI-FAMILY 6

CONDO/TOWNHOUSE 120

 

 

2011 MARCH AVALON,NJ:

 

RESIDENTIAL UNDER CONTRACT: 3/1/2011 TO 3/31/2011 = (10)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

389 21ST St: (3)Bed.,(1)Bth. $749,000. $469,000. 1,312

225 78th St: (3)Bed.,(1.5)Bth. 794,000. SAME 325

286 45th St: (4)Bed.,(2.5)Bth. 975,000. 799,000. 217

282 18th St: (3)Bed.,(2)Bth. 825,000. SAME 201

*455 21st St: (4)Bed.,(4.5)Bth. 975,000. 899,000. 205

274 47th St: (5)Bed.,(2)Bth. 950,000. SAME 23

242 6th St: (5)Bed.,(4)Bth. 1,299,000. SAME 1

26 E. 24th St: (4)Bed., (3)Bth. 1,879,000. 1,695,000. 306

46 W. 9th St: (5)Bed.,(2.5)Bth. 2,950,000. 2,725,000. 200

90 E. 11th St: (4)Bed.,(3)Bth. 3,250,000. SAME 3

(1)NEW CONSTRUCTION

 

RESIDENTIAL COMPARABLE SALES: 3/1/2011 TO 3/31/2011 = (10)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

14 E. 20th (3)Bed.,(1.5)Bth. $1,149,300. $899,000. $825,000. 3/25/11 939

370 24th (4)Bed.,(2.5)Bth. 895,000. SAME 864,500. 3/11/11 131

10 W. 12th (3)Bed.,(2)Bth. 1,280,000. 1,099,000. 1,063,000. 3/24/11 405

712 21st (4)Bed.,(2.5)Bth. 1,495,000. 1,450,000. 1,200,000. 3/21/11 456

42 W. 25th (5)Bed.,(4)Bth. 1,649,000. 1,589,000. 1,400,000. 3/4/11 245

46 E. 19th (6)Bed.,(3)Bth. 1,749,000. 1,649,000. 1,450,000. 3/31/11 218

164 22nd (5)Bed.,(5.5)Bth. 1,575,000. SAME 1,525,000. 3/18/11 105

*56 W. 20th (5)Bed.,(5)Bth. 1,735,000. 1,699,000. 1,625,000. 3/24/11 177

216 77th (5)Bed.,(5/2)Bth. 1,897,600. SAME 1,800,000. 3/5/11 137

10 E. 12th (7)Bed.,(4.5)Bth. 2,795,000. 2,650,000. 2,515,000. 3/4/11 368

(1)NEW CONSTRUCTION

(16,219,900.) (15,402,600.) (14,267,500.) (3,181)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,621,990. List Price = $1,540,260. Price = $1,426,750. Market = 313

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

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

 

 

 

 

 

 

 

LOTS / LAND UNDER CONTRACT: 3/1/2011 TO 3/31/2011 = (0)

LOTS / LAND COMPARABLE SALES: 3/1/2011 TO 3/31/2011 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS ON

ADDRESS LIST PRICE PRICE PRICE DATE MKT

9 w. 14TH St: (60x 110) $1,100,000. SAME $980,000. 3/29/11 269

Average Original Average Reduced Average Sold Average Days on

List Price = $1,100,000. List price = $1,100,000. Price = $980,000. Market = 269

-          -          Difference between ORIGINAL List Price and SOLD Price = (11%)

-          -          Difference between ORIGINAL List Price and REDUCED List Price = (0%)

 

COMMERCIAL UNDER CONTRACT: 3/1/2011 TO 3/31/2011 = (0)

COMMERCIAL COMPARABLE SALES: 3/1/2011 TO 3/31/2011 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 3/1/2011 TO 3/31/2011 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

392 22nd (4/2)Bed., (1.5/1)Bth. $699,999. $624,900. 89

MULTI-FAMILY COMPARABLE SALES: 3/1/2011 TO 3/31/2011 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 3/1/2011 TO 3/31/2011 = (7)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

281 13TH (3)Bed.,(2.5)Bth. #281 $479,000. SAME 14

6578 Ocean Dr. (3)Bed.,(2)Bth. #C-A 550,000. SAME 29

259 28th (4)Bed.,(3)Bth. East 749,900. 724,900. 245

224 27th (4)Bed.,(30Bth. #224 739,000. SAME 5

*2531 Dune (4)Bed.,(3)Bth. #2531 779,000. SAME 93

746 21st (2)Bed.,(3.5)Bth. East 995,000. SAME 54

499 24th (5)Bed.,(4)Bth. West 1,325,000. SAME 37

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 3/1/2011 TO 3/31/2011 = (5)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

579 22nd (3)Bed.,(1.5)Bth. #B $395,000. SAME $342,500. 3/11/11 93

317 80th (3)Bed.,(2)Bth. East 539,000. SAME 525,000. 3/5/11 66

2026 Sixth (5)Bed.,(3.5)Bth. North 599,000. SAME 550,000. 3/4/11 93

396 20th (5)Bed.,(4)Bth. #396 869,000. SAME 840,000. 3/11/11 46

*615 Sunrise (5)Bed.,(4)Bth. West 1,395,000. SAME 1,350,000. 3/25/11 72

(1)NEW CONSTRUCTION

(3,797,000.) (3,797,000.) (3,607,500.) (370)

 

 

 

Average Original Average Reduced Average Sold Average Days on

List Price = $759,400. List Price = $759,400. Price = $721,500. Market = 74

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

-          -          Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

TOTAL AVALON SALE INVENTORY (AS OF 4/5/2011) = 362

RESIDENTIAL 193

LOTS/LAND 28

COMMERCIAL 16

MULTI-FAMILY 7

CONDO/TOWNHOUSE 118