3RD QUARTER
– STONE HARBOR, NJ – 2008 – STATISTICS:
RESIDENTIAL:
UNDER CONTRACT
COMPARABLE SALES
JULY
6
2
AUGUST
2
5
SEPTEMBER
4
4
(12)
(11)
ORIGINAL List Price REDUCED List
Price SOLD Price Days on Mkt
JULY
$2,872,500.
$2,572,500.
$2,245,000.
544
AUGUST
2,356,000.
2,236,700.
2,021,000.
321
SEPT.
1,634,250.
1,453,500.
1,387,500.
394
3RD QUARTER
AVERAGE
$2,287,583.
$2,087,567.
$1,884,500.
420
- Difference
between ORIGINAL List Price and SOLD Price = (18%)
- Difference
between ORIGINAL List Price and REDUCED Price = (9%)
CONDO-
TOWNHOUSE:
UNDER
CONTRACT
COMPARABLE SALES
JULY
1
0
AUGUST
0
0
SEPT.
2
3
(3)
(3)
ORIGINAL List Price REDUCED
List Price SOLD Price Days on Mkt
JULY
-0-
-0-
-0-
-0-
AUGUST
-0-
-0-
-0-
-0-
SEPT.
$327,300.
$419,333.
$372,500.
192
2008 –
YEAR-TO-DATE – STONE HARBOR, NJ:
RESIDENTIAL:
Average Original Average
Reduced Average
Sold Average Days
List
Price
List
Price
Price
on Market
1ST QTR.
$3,111,361.
$2,814,106.
$2,498,389.
214
2ND QTR.
2,635,394.
2,474,950.
2,300,244.
227
3RD QTR.
2,287,583.
2,087,567.
1,884,500.
420
Averages:
$2,678,113.
$2,458,874.
$2,227,711.
287
1ST QTR. RESIDENTILA SALES = 9
2ND QTR. RESIDENTIAL SALES = 12
3RD QTR. RESIDENTIAL SALES = 11
CONDO/TOWNHOMES:
Average Original Average
Reduced Average
Sold Average Days
List
Price
List
Price
Price
on Market
1ST QTR.
$492,667.
$492,667.
$458,333.
68
2ND QTR.
1,148,389.
1,032,222.
971,222.
350
3RD QTR.
327,300.
419,333.
372,500.
192
Averages: $
656,119.
$
648,074.
$
600,685.
203
1ST QTR. CONDO/TOWNHOUSE SALES = 3
2ND QTR. CONDO/TOWNHOUSE SALES = 6
3RD QTR. CONDO/TOWNHOUSE SALES = 3