JULY, 2008 – STONE HARBOR, NJ:
RESIDENTIAL – UNDER
CONTRACT: 7/1/2008 TO 7/31/2008 = (6)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
344 89th (3)Bed.,(2)Bth. 35’x110’ $875,000. $849,000. 164
271 85th (3)Bed.,(1.5)Bth. 50’x110’ 1,095,000. 999,500. 207
11013 Sunset(3)Bed.,(1.5)Bth.35’x130 2,100,000. 1,599,000. 717
* 253 82nd(5)Bed.,(4)Bth. 50’x110’ 2,168,000. 1,895,000. 302
20 100th(5)Bed.,(3)Bth. 50’x110’ 2,395,000. SAME 97
* 10116 Sunrise(4)Bed.,(3.5)Bth. 71’x87 2,595,000. SAME 46
(*) NEW CONSTRUCTION
= 2
RESIDNETIAL –
COMPARABLE SALES: 7/1/2008 TO 7/31/2008 = (2)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE
PRICE DATE onMkt
* 309 109th(4)Bed.,(3.5)Bth. $2,495,000. $2,195,000. $1,790,000. 7/3/08 851
345 104th(4)Bed.,(3.5)Bth. 3,250,000. 2,950,000. 2,700,000. 7/29/08 236
(*) NEW CONSTRUCTION
= (1)
(5,745,000.) (5,145,000.) (4,490,000.) (1,087)
Average Original Average Reduced Average SOLD Average Days on
List Price =
$2,872,500. List Price =
$2,572,500. Price = $2,245,000.) Market = 544
-
Difference between
ORIGINAL List Price and SOLD Price =(22%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (11%)
LOTS / LAND – UNDER
CONTRACT: 7/1/2008 TO 7/31/2008 = (0)
LOTS / LAND –
COMPARABLE SALES: 7/1/2008 TO 7/31/2008 = (0)
COMMERCIAL – UNDER
CONTRACT: 7/1/2008 TO 7/31/2008 = (0)
COMMERCIAL –
COMPARABLE SALES: 7/1/2008 TO 7/31/2008 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 7/1/2008 TO 7/31/2008 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 7/1/2008 TO 7/31/2008 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 7/1/2008 TO 7/31/2008 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST PRICE LIST PRICE MARKET
9816 Second Ave.(1)Bed.,(1)Bth. Unit#11 $325,000. SAME 48
CONDO/TOWNHOUSE –
COMPARABLE SALES: 7/1/2008 TO 7/31/2008 = (0)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 8/4/2008) = (234)
RESIDENTIAL 114
LOTS/LAND 11
COMMERCIAL
8
MULTI-FAMILY
23
CONDO/TOWNHOUSE 78
AUGUST, 2008 – STONE HARBOR, NJ:
RESIDENTIAL – UNDER
CONTRACT: 8/1/2008 TO 8/31/2008 = (2)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
294 86th Street(3)Bed.,(1.5)Bth. $899,000. $849,000. 298
260 93rd Street(4)Bed.,(3/2)Bth. 1,700,000. 1,550,000. 348
RESIDENTIAL –
COMPARABLE SALES: 8/1/2008 TO 8/31/2008 = (5)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE DATE onMkt
271 85th(3)Bed.,(1.5)Bth $1,095,000. $999,500. $990,000. 8/22/08 262
11013Sunset(3)Bed.,(1.5)Bth 2,100,000. 1,599,000. 1,490,000. 8/15/08 782
* 10116 Sunrise(4)Bed.,(3.5)Bth 2,595,000. SAME 2,400,000. 8/12/08 67
309 114th(5)Bed.,(3)Bth. 2,695,000. SAME 2,500,000. 8/11/08 266
10615 First(4)Bed.,(4.5)Bth. 3,295,000. SAME 2,725,000. 8/23/08 227
(*) NEW CONSTRUCTION
= 1
(11,780,000.) (11,183,500.)
(10,105,000.) (1,604)
Average Original Average Reduced Average SOLD Average Days on
List Price =
$2,356,000. List Price =
$2,236,700. Price = $2,021,000. Market = 321
-
Difference between
ORIGINAL List Price and SOLD Price = (14%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (5%)
VACANT LOTS/LAND –
UNDER CONTRACT: 8/1/2008 TO 8/31/2008 = (0)
VACANT LOTS/LAND –
COMPARABLE SALES: 8/1/2008 TO 8/31/2008 = (0)
COMMERCIAL – UNDER
CONTRACT: 8/1/2008 TO 8/31/2008 = (0)
COMMERCIAL –
COMPARABLE SALES: 8/1/2008 TO 8/31/2008 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 8/1/2008 TO 8/31/2008 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 8/1/2008 TO 8/31/2008 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 8/1/2008 TO 8/31/2008 = (0)
CONDO/TOWNHOUSE –
COMPARABLE SALES: 8/1/2008 TO 8/31/2008 = (0)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 9/9/2008) = (239)
RESIDENTIAL 115
VACNT LOTS/LAND
11
COMMERCIAL 11
MULTI-FAMILY 24
CONDO/TOWNHOUSE
78