2010 – OCTOBER – STONE HARBOR,NJ:
RESIDENTIAL – UNDER
CONTRACT: 10/1/2010 TO 10/31/2010 = (3)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST PRICE LIST PRICE MARKET
*10905 Second (3)Bed.,(3)Bth. $1,490,000. $885,000. 784
11513 Paradise (5)Bed.,(4.5)Bth. 2,495,000. 2,295,000. 87
102 117th (4)Bed.,(4)Bth. 5,095,000. SAME 65
(1)NEW CONSTRUCTION
RESIDENTIAL –
COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (7)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
27 Stone Ct. (2)Bed.,(1)Bth. $579,000. $495,000. $435,000. 10/22/10 397
397 94th (3)Bed.,(2)Bth. 699,000. SAME 622,000. 10/11/10 153
381 95th (3)Bed.,(2.5)Bth. 799,000. SAME 785,000. 10/28/10 198
9108 Third (4)Bed.,(2)Bth. 1,050,000. 925,000. 800,000. 10/29/10 407
*172 83rd (5)Bed.,(4)Bth. 1,849,000. SAME 1,650,000. 10/14/10 160
556 Berkley (3)Bed.,(2.5)Bth. 2,350,000. 1,999,000. 1,650,000. 10/8/10 172
148 95th (4)Bed.,(3/2)Bth. 2,195,000. 1,795,000. 1,700,000. 10/1/10 184
(1)NEW CONSTRUCTION
(9,521,000.)
(8,741,000.) (7,642,000.) (1,671)
Average Original Average Reduced Average Sold Average Days on
List Price =
$1,360,143. List Price =
$1,248,714. Price =
$1,091,714. Market 239
-
Difference between ORIGINAL List Price and SOLD Price
= (20%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (8%)
-
LOTS/LAND – UNDER
CONTRACT: 10/1/2010 TO 10/31/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 10/1/2010 TO 10/31/2010 = (0)
COMMERCIAL – COMPARABLE
SALES: 10/1/2010 TO 10/31/2010 = (0)
MUTLI-FAMILY – UNDER
CONTRACT: 10/1/2010 TO 10/31/2010 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (6)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
9816 Second Ave. (2)Bed.,(1)Bth. #6 $440,000. $395,000. 458
8300 Second (2)Bed.,(1)Bth. #4 419,000. SAME 238
257 89th (2)Bed.,(1)Bth. #B,2ndFl 419,900. SAME 66
225 81st (4)Bed.,(2)Bth. #B-2ndFl 699,000. 679,000. 202
226 109th (3)Bed.,(2)Bth. #A 699,000. SAME 142
8222 Third (4)Bed.,(3)Bth. North 825,000. 749,000. 112
CONDO/TOWNHOUSE –
COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 11/6/2010) = 236
RESIDENTIAL 126
LOTS/LAND 9
COMMERCIAL
8
MULTI-FAMILY
21
CONDO/TOWNHOUSE 72
2010 – NOVEMBER – STONE HARBOR, NJ:
RESIDENTIAL – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (2)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
308 92nd (3)Bed/.(1/2)Bth. $ 2,000,000. $ 1,150,000. 788
8522 Sunset (4)Bed.,(3)Bth. 2,175,000. 1,875,000. 253
RESIDENTIAL –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (4)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
165 99th (4)Bed.,(3)Bth. $ 1,589,000. $1,389,000. $1,250,000. 11/12/10 143
223 119th (6)Bed.,(3)Bth. 1,599,000. SAME 1,435,000. 11/2/10 96
2 86th (5)Bed.,(3)Bth. 3,900,000. SAME 3,450,000. 11/10/10 111
10015 First (6)Bed.,(4.5)Bth. 3,595,000. SAME 3,595,000. 11/4/10 90
(10,683,000.) (10,483,000.) (9,730,000.) (440)
Average Original Average Reduced Average Sold Average Days on
List Price =
$2,670,750. List Price =
$2,620,750. Price =
$2,432,500. Market = 110
-
Difference between ORIGINAL List Price and SOLD Price
= (9%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (2%)
-
LOTS/LAND – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
COMMERCIAL – COMPARABLE
SALES: 11/1/2010 TO 11/30/2010 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
CONDO/TOWNHOUSE – COMPARABLE
SALES: 11/1/2010 TO 11/30/2010 = (3)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE
DATE onMkt
8300 Second (2)Bede.,(1)Bth. #4 $419,000. SAME $400,000. 11/23/10 291
257 89th (2)Bed.,(1)Bth. #B,2ndFl 419,900. SAME 415,000. 11/30/10 118
225 81st (4)Bed.,(2)Bth. #B,2ndFl 699,000. 679,000. 651,000. 11/19/10 249
(1,537,900.) (1,517,900.) (1,466,000.) (658)
Average Original Average Reduced Average Sold Average Days on
List Price =
$512,633. List Price =
$505,967. Price =
$488,667. Market = 219
-
Difference between ORIGINAL List Price and SOLD Price
= (5%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (1%)
TOTAL STONE HARBOR
SALE INVENTORY (AS OF 1/8/2011) = 277
RESIDENTIAL
178
LOTS/LAND 4
COMMERCIAL
9
MULTI-FAMILY
19
CONDO/TOWNHOUSE 67
2010 – DECEMBER – STONE HARBOR, NJ:
RESIDENTIAL – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (3)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE LIST PRICE MARKET
A-15 Bower Court (2)Bed.,(1)Bth. $679,000. $649,000. 162
213 109th (3)Bed.,(2)Bth. 719,000. 689,000. 124
11205 Third (4)Bed.,(3)Bth. 2,895,000. 2,395,000. 800
RESIDENTIAL –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (3)
ORIGINAL REDUCED
SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
*10905 Second (3)Bed.,(3)Bth. $1,490,000. $885,000. $835,000. 12/30/10 852
11513 Paradise (5)Bed.,(4.5)Bth. 2,495,000. 2,295,000. 2,130,000. 12/29/10 162
102 117th (4)Bed.,(4)Bth. 5,095,000. SAME 4,800,000. 12/20/10 139
(1)NEW CONSTRUCTION
(9,080,000.) (8,275,000.) (7,765,000.) (1,153)
Average Original Average Reduced Average Sold Average Days on
List Price =
$3,026,667. List Price =
$2,758,333. Price = $2,588,333. Market = 384
-
Difference between ORIGINAL List Price and SOLD Price
= (15%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (9%)
LOTS/LAND – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
COMMERCIAL –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (1)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
359 96th (650sq.ft.) $149,900. SAME $122,500. 12/28/10 197
MULTI-FAMILY – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
CONDO/TOWNHOUSE –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (2)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST PRICE PRICE
PRICE DATE onMkt
226 109th (3)Bed.,(2)Bth. #A $699,000. SAME $635,000. 12/7/10 210
8222 Third (4)Bed.,(3)Bth. North 825,000. $749,000. 689,000. 12/3/10 167
(1,524,000.) (1,448,000.) (1,324,000.) (374)
Average Original Average Reduced Average Sold Average Days on
List Price =
$762,000. List Price =
$724,000. Price =
$662,000. Market = 187
TOTAL STONE HARBOR
SALE INVENTORY ( AS OF 1/9/2011) = 277
RESIDENTIAL
178
LOTS/LAND 4
COMMERCIAL 9
MULTI-FAMILY 19
CONDO/TOWNHOUSE 67
4th QUARTER – STONE HARBOR,NJ – 2010
STATISTICS:
RESIDENTIAL UNDER
CONTRACT COMPARABLE
SALES
OCTOBER 3
7
NOVEMBER 2 4
DECEMBER 3
3
(8) (14)
ORIGINAL List
Price REDUCED List Price SOLD Price DAYS on MKT.
OCTOBER $1,360,143. $1,248,714. $1,091,714 239
NOVEMBER 2,670,750. 2,620,750. 2,432,500. 110
DECEMBER 3,026,667. 2,758,333. 2,588,333. 384
4TH QTR
AVERAGE ($2,352,520.) ($2,209,266.) (2,037,516.) 244
-
Difference between ORIGINAL List Price and SOLD Price
= (13%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (6%)
LOTS/LAND UNDER CONTRACT COMPARABLE SALES
OCTOBER 0 0
NOVEMBER 0 0
DECEMBER 0 0
COMMERCIAL UNDER CONTRACT COMPARABLE SALES
OCTOBER 0 0
NOVEMBER 0 0
DECEMBER 0 1
MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES
OCTOBER 0 0
NOVEMBER 0 0
DECEMBER 0 0
CONDO/TOWNHOUSE UNDER CONTRACT COMPARABLE SALES
OCTOBER 6 0
NOVEMBER 0 3
DECEMBER 0 2
(6)
(5)
ORIGINAL List
Price REDUCED List Price SOLD Price Days on Mkt
OCTOBER -0- -0- -0- -0-
NOVEMBER $512,633. $505,967. $488,667. 219
DECEMBER 762,000. 724,000. 662,000. 187
4TH
QUARTER
AVERAGE ($424,878.) ($409,989.) ($383,556.) (135)
-
Difference between ORIGINAL List Price and SOLD Price
= (10%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (4%)