2ND
QUARTER – AVALON,NJ – 2010 STATISTICS:
JUNE 5
4
(10)
(17)
ORIGINAL List Price REDUCED
List Price SOLD Price Days on Mkt
APRIL
$1,911,225.
$1,748,750.
$1,650,250. 268
MAY
2,425,333.
2,281,889.
1,978,555. 271
JUNE 1,337,000. 1,267,000. 1,147,916. 387
($5,673,558.)
($5,297,639.)
($4,776,721.) (926)
2ND QTR
AVERAGE
$1,891,186.
$1,765,880.
$1,592,240. 309
-
Difference between ORIGINAL List Price and SOLD
Price = (16%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (7%)
2ND QTR RESIDENTIAL – NEW CONSTRUCTION – UNDER
CONTRACT = (0)
2ND QTR RESIDENTIAL – NEW CONSTRUCTION –
COMPARABLE SALES = (1)
LOTS/LAND: UNDER CONTRACT COMPARABLE SALES
APRIL 0
1
MAY
0 2
JUNE 0
0
(0)
(3)
COMMERCIAL UNDER CONTRACT
COMPARABLE SALES
APRIL 0
0
MAY 0
0
JUNE 0
0
MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES
APRIL 0 0
MAY 0
0
JUNE 1 0
(1)
(0)
CONDO/TOWNHOUSE
UNDER CONTRACT
COMPARABLE SALES
APRIL 3
3
MAY 4 8
JUNE 6
5
(13)
(16)
ORIGINAL List Price REDUCED
List Price SOLD Price
Days on Mkt
APRIL
$782,833.
$766,333.
$721,667. 194
MAY
735,625.
727,250.
683,437. 108
JUNE
519,600.
509,780.
468,500. 154
($2,038,058.)
($2,003,363.)
($1,873,604.) (456)
2ND QTR
AVERAGE $679,353. $667,788. $624,535. 152
-
Difference between ORIGINAL List Price and SOLD
Price = (8%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (2%)
2ND QTR NEW CONSTRUCTION – CONDO/TOWNHOUSE –
UNDER CONTRACT = 1
2ND QTR NEW CONSTRUCTION – CONDO/TOWNHOUSE – Comparable Sales = 3