2010- STONE HARBOR,NJ: 1^ST -2^ND-3^RD-4^TH QTR. STATISTICS:

RESIDENTIAL:

Average Original List Price Average Reduced Average SOLD Price Average Days on Mkt

1^ST QTR $ 1,775,721. $ 1,691,277. $ 1,525,056. 216

2^ND QTR 2,038,322. 1,992,667. 1,850,833. 168

3^RD QTR 1,687,500. 1,534,667. 1,422,167. 247

4^TH QTR 2,352,520. 2,209,266. 2,037,516. 244

2010

AVERAGE: $1,963,516. $1,856,969. $1,708,893. 219

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

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

TOTAL RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 5 7

2^ND QTR 8 8

3^RD QTR 14 9

4^TH QTR 8 14

(35) (38)

TOTAL RESIDENTIAL – NEW CONSTRUCTION SALES: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 1 2

2^ND QTR 1 1

3^RD QTR 1 1

4^TH QTR 1 2

(4) (6)

2010 – STONE HARBOR, NJ - TOTAL RESIDENTIAL – GROSS DOLLARS SOLD = ($63,826,000.):

1^ST QTR $ 10,426,500.

2^ND QTR 14,705,000.

3^RD QTR 13,557,500.

4^TH QTR 25,137,000………………………………………………………($63,826,000.)

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 1 1

2^ND QTR 0 1

3^RD QTR 0 0

4^TH QTR 0 0

(1) (1)

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 0 0

2^ND QTR 0 1

3^RD QTR 0 0

4^TH QTR 0 1

(0) (2)

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 1 2

2^ND QTR 0 1

3^RD QTR 0 0

4^TH QTR 0 0

(1) (3)

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

1^ST QTR 1 2

2^ND QTR 2 4

3^RD QTR 1 1

4^TH QTR 6 5

(10) (12)

CONDO/TOWNHOUSE:

Average Original List Price Average Reduced Average SOLD Price Average Days on MKT

1^stQTR $ 264,500. $ 264,500. $ 214,833. 175

2^ND QTR 739,667. 729,667. 675,500. 174

3^RD QTR 401,333. 398,000. 283,333. 109

4^TH QTR 424,878. 409,989. 383,556. 135

2010

AVERAGE: $ 457,595. $ 450,539. $ 389,305. 148

- Difference between ORIGINAL List Price to SOLD Price = (15%)

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

2010 – CONDO/TOWNHOUSE – TOTAL NEW CONSTRUCTION UNITS SOLD:

UNDER CONTRACT COMPARABLE SALES

1^ST QTR 0 0

2^ND QTR 0 0

3^RD QTR 0 0

4^TH QTR 0 0

2010 - TOTAL CONDO/TOWNHOUSE – STONE HARBOR, NJ: Gross Dollars SOLD = ($7,134,500.)

1^ST QTR $ 725,500.

2^ND QTR 2,769,000.

3^RD QTR 850,000.

4^TH QTR 2,790,000…………………………………………………….($ 7,134,500.)

2010 – STONE HARBOR, NJ – TOTAL COMPARABLE SALES – UNITS = (56):

RESIDENTIAL 38

LOTS/LAND 1

COMMERCIAL 2

MULTI-FAMILY 3

CONDO/TOWNHOUSE 12…………………………………………….(56 UNITS)