1ST QTR STONE HARBOR,NJ 2009 STATISTICS

 

RESIDENTIAL:                  UNDER CONTRACT               COMPARABLE SALES

JANUARY                                           2                                                     -0-

FEBRUARY                                        2                                                      2

MARCH                                              4                                                       1

(8)                                                                                (3)

 

                         ORIGINAL List Price    REDUCED List Price    SOLD Price    Days on Mkt

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

FEBRUARY     $2,427,500.                      $2,427,500.                    $2,145,000.               70

MARCH             3,195,000.                        2,849,000.                      2,575,000.               433

 

1ST QTR.

AVERAGE        $1,874,167.                      $1,758,833.                    $1,573,333.              168

-         Difference between ORIGINAL List Price and SOLD Price = (16%)

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

 

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-                                                      1

FEBRUARY                                         -0-                                                     -0-

MARCH                                               -0-                                                      -0-

                                                                                                                        (1)

 

CONDO/TOWNHOUSE:    UNDER CONTRACT                  COMPARABLES SALES

JANUARY                                             1                                                        1

FEBRUARY                                         -0-                                                       1

MARCH                                               -0-                                                        1

                                                                                                                          (3)

 

 

 

 

 

 

                         ORIGINAL List Price    REDUCED List Price    SOLD Price    Days on Mkt

JANUARY         $1,150,000.                     $650,000.                         $620,000.                 696

FEBRUARY        1,349,000.                       789,000.                           725,000.                 730

MARCH                 499,900.                        399,000.                           351,120.                 256

 

1ST QTR.

AVERAGE        $999,633.                         $612,667.                         $565,373.                561

-         Difference between ORIGINAL List Price and SOLD Price = (44%)

-         Difference between ORIGINAL List Price and REDUCED Price = (39%)

 

STONE HARBOR - COMPARISON 1ST QTR. 2008 VS. 2009:

 

RESIDENTIAL:      ORIGINAL             REDUCED          SOLD          DAYS ON

1ST QTR. 2009            List Price                List Price             Price            Market

                                    $1,874,167.               $1,758,833.        $1,573,333.        168

-         Difference between ORIGINAL List Price and SOLD Price = (16%)

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

 

TOTAL RESIDENTIAL SALE UNITS 1ST QTR. 2009 = THREE (3)

 

RESIDENTIAL:        ORIGINAL            REDUCED          SOLD            DAYS ON

1ST QTR. 2008            List Price                List Price             Price               Market

                                    $3,111,361.              $2,814,106.         $2,498,389.            214

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

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

 

TOTAL RESIDENTIAL SALE UNITS 1ST QTR. 2008 = NINE (9)

 

 

 

 

CONDO/TOWNHOUSE:   ORIGINAL        REDUCED      SOLD       DAYS ON

1ST QTR. 2009                       List Price           List Price          Price         Market

                                               $999,633.            $612,667.          $565,373.      561

-         Difference between ORIGINAL List Price and SOLD Price = (44%)

-         Difference between ORIGINAL List Price and REDUCED Price = (39%)

 

TOTAL CONDO/TOWNHOUSE SALE UNITS 1ST QTR. 2009 = THREE (3)

 

CONDO/TOWNHOUSE:     ORIGINAL       REDUCED       SOLD     DAYS ON

 1ST QTR. 2008                        List Price           List Price          Price       Market

                                                $ 492,667.            $492,667.           $458,333.     68

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

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

 

TOTAL CONDO/TOWNHOUSE SALE UNITS 1ST QTR. 2008 = THREE (3)