OCTOBER-2008-STONE HARBOR,NJ:
RESIDENTIAL – UNDER
CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
356 89th(3)Bed.,(1)Bth. 35’x110’ $1,200,000. $990,000. 434
RESIDENTIAL –
COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (5)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE DATE onMkt
344 89th(3)Bed.,(2)Bth.35’x110’ $875,000. $849,000. $727,500. 10/1/08 257
167 93rd(4)Bed.,(2)Bth 1,695,000. 1,375,000. 1,281,250. 10/24/08 671
10019 Sunrise(3)Bed.,(2.5)Bth. 1,295,000. SAME 1,293,000. 10/27/08 42
30’x110’ Lot
260 93rd(4)Bed.,(3/2)Bth. 1,700,000. 1,550,000. 1,325,000. 10/22/08 417
20 100th(5)Bed.,(3)Bth. 2,395,000. SAME 2,000,000. 10/22/08 191
(7,960,000.) (7,464,000.) (6,626,750.) (1,578)
Average Original Average Reduced Average Sold Average Days
List Price =
$1,592,000. List Price =
$1,492,800. Price = $1,325,350. on Market =316
-
Difference between
ORIGINAL List Price and SOLD Price = (17%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (6%)
LOTS / LAND – UNDER
CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
LOTS / LAND –
COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
COMMERCIAL – UNDER
CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
COMMERCIAL –
COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
MULTI-FAMILY – UNDER
CONTRACT: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
MULTI-FAMILY –
COMPARABLE SALES: OCT. 1ST, 2008 TO OCT. 31ST, 2008 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: OCT. 1ST TO OCT. 31ST, 2008 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
312 88th(2)bed.,(1)Bth. 1st Floor-A- $499,900. $399,000. 72
CONDO/TOWNHOUSE –
COMPARABLE SALES: OCT. 1ST TO OCT. 31ST, 2008 = (1)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
252 89th(4)Bed.,(3)Bth. North $997,500. $899,000. $845,000. 10/24/08 217
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 11/4/2008) = 221
RESIDENTIAL 111
LOTS / LAND 8
COMMERCIAL 10
MULTI-FAMILY 23
CONDO /
TOWNHOUSE 69
TOTAL STONE HARBOR
SALE INVENTORY:
JULY, 2008 = 234
AUGUST, 2008 = 239
SEPTEMBER, 2008 = 225
NOVEMBER-2008-STONE HARBOR, NJ:
RESIDENTIAL – UNDER
CONTRACT: 11/1/2008 TO 11/30/2008 = (0)
RESIDENTIAL –
COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (4)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE DATE ON MKT.
35 Weber Ct. (1)Bed.,(1)Bth. $525,000. $495,000. $447,000. 11/3/08 395
10911 Sunset(3)Bed.,(2)Bth. 1,775,000. SAME 1,600,000. 11/21/08 84
8519 Third(4)Bed.,(3)Bth. 2,300,000. SAME 1,750,000. 11/24/08 521
119 90TH (4)Bed.,(3/2)Bth. 2,995,000. 2,895,000. 2,675,000. 11/7/08 732
(7,595,000.) (7,465,000.) (6,472,000.) (1,732)
Average
Originial Average
Reduced Average Sold Average Days on
List Price =
1,898,750. List Price =
$1,866,250. Price = $1,618,000.
Market =433
-
Difference between
Original List Price and SOLD Price = (15%)
-
Difference between
Original List Price and REDUCED Price = (2%)
LOTS / LAND – UNDER
CONTRACT: 11/1/2008 TO 11/30/2008 = (0)
LOTS / LAND –
COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)
COMMERCIAL – UNDER
CONTRACT: 11/1/2008 TO 11/30/2008 = (0)
COMMERCIAL –
COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 11/1/2008 TO 11/30/2008 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 11/1/2008 TO 11/30/2008 = (0)
CONDO/TOWNHOUSE –
COMPARABLE SALES: 11/1/2008 TO 11/30/2008 = (0)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 12-14-2008) = 220
RESIDENTIAL 115
LOTS/LAND 8
COMMERCIAL 11
MULTI-FAMILY 23
CONDO/TOWNHOUSE 63