2011 – APRIL – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (5)

                                                                                  ORIGINAL               REDUCED               DAYS ON

ADDRESS                                                                 LIST PRICE              LIST PRICE              MARKET

10609 First (4)Bed.,(3)Bth.                                   $1,595,000.                SAME                          15

10611 Third (4)Bed., (3)Bth.                                  1,869,000.           1,689,000.                        238

8830 First (4)Bed.,(3)Bth.                                       2,300,000.           2,150,000.                        200

5 101st (4)Bed.,(5.5)Bth.                                         3,295,000.           2,975,000.                         591

10207 Sunrise (4)Bed.,(3.5)Bth.                            3,350,000.                 SAME                            32

 

RESIDENTIAL – COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (8)

                                                                 ORIGINAL        REDUCED        SOLD        CLOSING         DAYS

ADDRESS                                                LIST PRICE        PRICE             PRICE            DATE           onMkt

A-15 Bower Ct. (2)Bed.,(1)Bth.           $679,000.        $649,000.      $625,000.     4/15/11         288

247 85th (5)Bed.,(3.5)Bth.                   1,475,000.       1,375,000.     1,250,000.     4/29/11         163

115 106th (5)Bed., (4)Bth.                    2,195,000.      1,995,000.     1,600,000.     4/4/11            289

245 101st (6)Bed.,(3/2)Bth.                 2,399,000.       2,199,000.     1,965,000.     4/11/11         578

11857 Paradise (5)Bed.,(3)Bth.          2,195,000.            SAME         2,012,500.     4/9/11           73

372 92nd (4)Bed.,(3)Bth.                       3,675,000.            SAME         3,250,000.     4/22/11        136

10529 Third (5)Bed.,(6)Bth.                 3,995,000.            SAME         3,500,000.     4/26/11        70

*1 015th (5)Bed.,(3.5)Bth.                     5,900,000.            SAME         5,460,000.     4/18/11        59

(1)NEW CONSTRUCTION

                                                                (22,513,000.)    (21,983,000.) (19,662,500.)                (1,656)

Average Original               Average Reduced               Average SOLD               Average Days on

List Price = $2,814,125.    List Price = $2,747,875.     Price = $2,457,812.      Market = 207

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

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

 

LOTS/LAND – UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (1)

                                                                      ORIGINAL        REDUCED        SOLD        CLOSING      DAYS

ADDRESS                                                     LIST PRICE        PRICE              PRICE           DATE       onMkt

363 93rd (2/2)Bed., (1/1)Bth.                   $999,000.         $925,000.       $830,000.    4/29/11      176

-         -         Difference between ORIGINAL List Price and SOLD Price = (17%)

-         -         Difference between ORIGINAL List Price and REDUCED Price = (8%)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (2)

                                                                                          ORIGINAL               REDUCED               DAYS ON

ADDRESS                                                                         LIST PRICE               LIST PRICE             MARKET

240 105TH (4)Bed.,(2/2)Bth. Rear                                $749,000.                    SAME                         9

331 87th (4)Bed.,(2.5)Bth. Rear                                      799,000.                749,000.                       218

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (2)

                                                                    ORIGINAL        REDUCED        SOLD        CLOSING        DAYS

ADDRESS                                                    LIST PRICE          PRICE          PRICE            DATE       onMKT

8811 Third (3)Bed.,(1)Bth. #4                 $564,000.        $374,000.     $290,000.     4/8/11    1,417

8001 Second (2)Bed.,(2)Bth. #304           495,000.          449,000.       369,000.      4/27/11   374

                                                                    (1,059,000.)     (823,000.)     (659,000.)                     (1,791)

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $529,500.       List Price = $411,500.         Price = $329,500.        Market = 895

-         -         Difference between ORIGINAL List Price and SOLD Price = (38%)

-         -         Difference between ORIGINAL List Price and REDUCED Price = (22%)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 5-5-11) = 245

RESIDENTIAL                                              133

LOTS/LAND                                                 11

COMMERCIAL                                              9

MULTI-FAMILY                                            18

CONDO/TOWNHOUSE                               74

 

 

 

 

2011 – MAY – STONE HARBOR, NJ:

 

RESIDENTIAL – UNDER CONTRACT: MAY 1, 2011 TO MAY 31, 2011 = (2)

                                                                                       ORIGINAL               REDUCED               DAYS ON

ADDRESS                                                                      LIST PRICE               LIST PRICE             MARKET

222 104th (5)Bed.,(2)Bth.                                          $1,599,000.              $1,299,000.             249

141 88th (3)Bed.,(1.5)Bth.                                           1,349,000.                     SAME                 11

 

RESIDENTIAL – COMPARABLE SALES: MAY 1, 2011 TO MAY 31, 2011 = (4)

                                                        ORIGINAL          REDUCED          SOLD          CLOSING         DAYS ADDRESS                                        LIST PRICE         PRICE                PRICE             DATE           onMkt

10609 First (4)Bed.,93)Bth.       $1,595,000.         SAME             $1,540,000.    5/27/11        63

149 106th (5)Bed.,(4.5)Bth.          2,679,000.         SAME               2,500,000.    5/20/11        124

5 101st (4)Bed.,(5.5)Bth.               3,295,000.      2,975,000.          2,775,000.    5/13/11        617

10207 Sunrise (40Bed.,(3.5)Bth. 3,350,000.         SAME               3,050,000.    5/21/11         64

                                                      (10,919,000.)  (10,599,000.)      (9,865,000.)                         (868)

 

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $2,729,750.    List Price = $2,649,750.     Price = $2,466,250.    Market = 217

-         -         Difference between ORIGINAL List Price and SOLD Price = (10%)

-         -         Difference between ORIGINAL List Price and REDUCED Price = (3%)

 

LOTS/LAND – UNDER CONTRACT: MAY 1, 2011 TO MAY 31, 2011 – (0)

LOTS/LAND – COMPARABLE SALES: MAY 1, 2011 TO MAY 31, 2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: MAY 1, 2011 TO MAY 31, 2011 = (0)

COMMERCIAL – COMPARABLE SALES: MAY 1, 2011 TO MAY 31, 2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: MAY 1, 2011 TO MAY 31, 2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: MAY 1, 2011 TO MAY 31, 2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: MAY 1, 2011 TO MAY 31, 2011 = (0)

CONDO/TOWNHOUSE – COMPARABLE SALES: MAY 1, 2011 TO MAY 31, 2011 = (1)

                                                                    ORIGINAL        REDUCED        SOLD        CLOSING      DAYS

ADDRESS                                                   LIST PRICE        PRICE             PRICE            DATE        onMkt

331 87th (4)Bed.,(2.5)Bth. REAR           $799,000.         $749,000.      $724,000.    5/27/11        257

-         -         Difference between ORIGINAL List Price and SOLD Price = (9%)

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

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF JUNE 17,2011) = 248

RESIDENTIAL                                             137

LOTS/LAND                                                12

COMMERCIAL                                            7

MULTI-FAMILY                                          17

CONDO/TOWNHOUSE                            75

 

2011 - JUNE – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (2)

                                                                                     ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                    LIST PRICE           LIST PRICE           MARKET

130 87th (3)Bed.,(1.5)Bth.                                       $1,349,000.               SAME             117

411 99th (4)Bed.,(2.5)Bth.                                         2,395,000.          2,195,000.          105

 

 

 

 

 

RESIDENTIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (9)

                                                              ORIGINAL        REDUCED        SOLD        CLOSING      DAYS

ADDRESS                                             LIST PRICE        PRICE              PRICE           DATE        onMkt

206 101st (2)Bed.,(1)Bth.                  $1,200,000.      $669,000.      $550,000.    6/24/11    1,059

141 88th (3)Bed.,(1.5)Bth.                   1,349,000.        SAME          1,134,500.    6/24/11         52

222 104th (5)Bed.,(2)Bth.                    1,599,000.     1,299,000.     1,238,000.    6/17/11        291

257 87th (4)Bed.,(3.5)Bth.                   1,699,000.     1,595,000.     1,300,000.    6/30/11        363

10 88th (4)Bed.,(3)Bth.                         2,850,000.     2,725,000.     2,200,000.    6/30/11         79

*159 86th (5)Bed.,(4/2)Bth.                 3,595,000.     2,599,000.     2,365,000.    6/3/11       1,234

107 122nd (4)Bed.,(3/2)Bth.                3,275,000.     2,899,000.      2,700,000.    6/8/11         352

10825 Sunset (5)Bed.,(4)Bth.              2,995,000.          SAME         2,750,000     6/15/11        124

2 85th (5)Bed.,(3.5)Bth.                         4,495,000.          SAME         3,900,000.    6/24/11         42

(1)NEW CONSTRUCTION

                                                              (22,157,000.)   (20,625,000.)  (18,137,500.)             (3,596)

Average Original               Average Reduced               Average SOLD               Average Days on

List Price = $2,461,889.    List Price = $2,291,667.     Price = $2,015,278.       Market = 399

-         -         Difference between ORIGINAL List Price and SOLD Price = (18%)

-         -         Difference between ORIGINAL List Price and REDUCED Price = (7%)

 

LOTS/LAND – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (1)

                                                                                   ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                  LIST PRICE           LIST PRICE            MARKET

10601 Second (4)Bed.,(2)Bth. West                    $899,000.            $887,000.                167

CONDO/TOWNHOUSE – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (1)

                                                                    ORIGINAL        REDUCED        SOLD        CLOSING     DAYS

ADDRESS                                                   LIST PRICE        PRICE              PRICE            DATE       OnMkt

240 105th (4)Bed.,(2/2)Bth. Rear          $749,000.          SAME          $705,000.       6/24/11      74

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

-         -         Difference between ORIGINAL List Price and REDUCED Pri9ce = (0)

TOTAL STONE HARBOR SALE INVENTORY (AS OF 7-15-2011) = 253:

RESIDENTIAL                                                    141

LOTS/LAND                                                       12

COMMERCIAL                                                   9

MULTI-FAMILY                                                  18

CONDO/TOWNHOUSE                                     73