2ND QUARTER STONE HARBOR, NJ 2009 STATISTICS:

 

RESIDENTIAL:                       UNDER CONTRACT               COMPARABLE SALES

APRIL                                                       1                                                      3

MAY                                                          2                                                      2

JUNE                                                         0                                                      4

(3)                                                                                                        (9)

                   ORIGINAL List Price      REDUCED List Price     SOLD Price    Days on Mkt

APRIL        $ 1,583,000.                        $ 1,483,000.                     $ 1,304,667.             154

MAY              4,445,000.                           4,445,000.                        3,287,500.             211

JUNE             1,496,250.                           1,383,750.                        1,246,125.             160

 

2ND QTR

AVERAGE    ($ 2,508,083.)                    ($ 2,437,250.)                 ($ 1,946,097.)        (175)

-         Difference between ORIGINAL List Price and SOLD Price = (23%)

-         Difference between ORIGINAL List Price and REDUCED Price = (3%)

 

 

 

 

LOTS/LAND:                        UNDER CONTRACT                  COMPARABLE SALES

APRIL                                                         0                                                     0

MAY                                                            0                                                     0

JUNE                                                           0                                                     0

 

COMMERCIAL:                                       

APRIL                                                          0                                                    0

MAY                                                             1                                                    0

JUNE                                                            0                                                    0

 

MULTI-FAMILY:

APRIL                                                           0                                                    0

MAY                                                              0                                                    1

JUNE                                                             0                                                    0

 

CONDO/TOWNHOUSE:

APRIL                                                            1                                                   0

MAY                                                               2                                                   3

JUNE                                                              1                                                   5

                                                                       (4)                                                 (8)

 

                        ORIGINAL List Price    REDUCED List Price    SOLD Price    Days on Mkt

APRIL             $ -0-                                   $ -0-                                 $ -0-                      -0-

MAY                  654,333.                             629,667.                           584,750.             204

JUNE                 584,760.                             584,760.                           543,400.             115

 

2ND QTR

AVERAGE      ($ 413,031.)                       ($ 404,809.)                     ($ 376,050.)         (106)

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

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

 

STONE HARBOR COMPARISON: 1ST QTR 2009 VS. 2ND QTR 2009:

 

1ST QTR TOTAL RESIDENTIAL UNITS UNDER CONTRACT = (8)

1ST QTR TOTAL RESIDENTIAL UNITS SOLD = (3)

 

1ST QTR

AVERAGE  ORIGINAL List Price      REDUCED List Price    SOLD Price   Days on Mkt

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

 

2ND QTR TOTAL RESIDENTIAL UNITS UNDER CONTRACT = (3)

2ND QTR TOTAL RESIDENTIAL UNITS SOLD = (9)

 

2ND QTR

AVERAGE    ORIGINAL List Price    REDUCED List Price    SOLD Price     Days on Mkt

                         $ 2,508,083.                      $ 2,437,250.                     $ 1,946,097.              175

1ST QTR TOTAL CONDO/TOWNHOUSE UNITS UNDER CONTRACT = (1)

1ST QTR TOTAL CONDO/TOWNHOUSE UNITS SOLD = (3)

 

1ST QTR

AVERAGE   ORIGINAL List Price    REDUCED List Price    SOLD Price   Days on Mkt

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

 

2ND QTR TOTAL CONDO/TOWNHOUSE UNIT UNDER CONTRACT = (4)

2ND QTR TOTAL CONDO/TOWNHOUSE UNITS SOLD = (8)

 

2ND QTR

AVERAGE    ORIGINAL List Price    REDUCED List Price    SOLD Price   Days on Mkt

                         $ 413,031.                         $ 404,809.                        $ 376,050.               106