2011- JULY – STONE HARBOR,NJ:

 

RESIDENTIAL – UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

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

                                                              ORIGINAL        REDUCED        SOLD        CLOSING        DAYS

ADDRESS                                             LIST PRICE           PRICE           PRICE           DATE          onMkt

E-43 Stone Court (2)Bed.,(1)Bth.    $499,000.         $415,000.     $370,000.     7/29/11        365

242 83rd St. (2)Bed.,(1)Bth.             1,149,000.            959,900.       650,000.     7/27/11        435

10611 Third (4)Bed.,(3)Bth.            1,869,000.         1,689,000.    1,500,000.    7/11/11         329

14 93rd (5)Bed.,(5/2)Bth.                 3,995,000.             SAME         3,350,000.    7/15/11         120

                                                           (7,512,000.)      (7,058,900.)   (5,870,000.)                      (1,249)

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $1,878,000.     List Price = $1,764,725.      Price = $1,467,500.    Market = 312

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

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

 

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

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

 

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

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

 

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

MULTI-FMAILY – COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

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

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

                                                                       ORIGINAL        REDUCED        SOLD        CLOSING     DAYS

ADDRESS                                                      LIST PRICE           PRICE           PRICE           DATE      onMkt

8001 Second Ave. (2)Bed.,(2)Bth. #315   $569,000.         $379,000.     $350,000.    7/8/11       266

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $569,000.       List Price = $379,000.         Price = $350,000.        Market = 266

-          Difference between ORIGINAL List Price and SOLD Price = (39%)

-          Difference between ORIGINAL List Price and REDUCED Price = (33%)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 9-8-2011) = 257:

RESIDENTIAL                                                      136

LOTS/LAND                                                         14

COMMERCIAL                                                     9

MULTI-FAMILY                                                    20

CONDO/TOWNHOUSE                                      78

 

 

2011- AUGUST – STONE HARBOR, NJ:

 

RESIDENTIAL – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (1)

                                                                                            ORIGINAL            REDUCED          DAYS ON

ADDRESS                                                                            LIST PRICE          LIST PRICE         MARKET

178 83rd (2)Bed.,(2)Bth. 46’x 110’                                  $949,000.           $799,000.             448

 

RESIDENTIAL – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (4)

                                                          ORIGINAL        REDUCED          SOLD          CLOSING        DAYS

ADDRESS                                         LIST PRICE        PRICE                PRICE            DATE            onMkt

210 84th (3)Bed.,(1.5)Bth.            $895,000.          SAME             $852,500.       8/19/11         90

230 120th (4)Bed.,(2)Bth.             1,529,000.       1,399,000.      1,330,000.      8/10/11         313

411 99th (4)Bed.,(2.5)Bth.            2,395,000.       2,195,000.      1,885,000.      8/5/11           166

6 98th (4)Bed.,(3-2)Bth.                2,995,000.          SAME            2,754,750.      8/20/11         60

                                                       (7,814,000.)      (7,484,000.)    (6,822,250.)                         (629)

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $1,953,500.    List Price = $1,871,000.     Price = $1,705,562.    Market = 157

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

-          Difference between ORIGINAL List Price and REDUCED Price = (4%)

 

LOTS/LAND – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

MULTI-FAMILY – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (1)

                                                                                    ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                   LIST PRICE           LIST PRICE            MARKET

378 83RD (3)Bed.,(2)Bth. #5                                    $639,900.            $580,000.                247

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 10/6/11) = 249

RESIDENTIAL                                    131

LOTS/LAND                                       11

COMMERCIAL                                   11

MULTI-FAMILY                                  18

CONDO/TOWNHOUSE                    78

 

2011 – SEPTEMBER – STONE HARBOR, NJ:

RESIDENTIAL – UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (7)

                                                                                               ORIGINAL            REDUCED            DAYS ON

ADDRESS                                                                              LIST PRICE           LIST PRICE           MARKET

376 94TH (3)Bed.,(1)Bth.                                                    $799,000.                  SAME                 134

220 111th (4)Bed.,(2)Bth.                                                     965,000.             $899,000.               704

212 105th (4)Bed.,(1)Bth.                                                     980,000.               950,000.               308

160 103rd (3)Bed.,(1.5)Bth.                                              1,839,000.             1,549,000.              173

8421 First (10)Bed.,(5.5)Bth.                                           1,995,000.             1,595,000.              210

317 89th (4)Bed.,(2.5)Bth.                                                 2,995,000.             2,395,000.             920

123 100th (6)Bed.,(4.5)Bth.                                               3,595,000.             3,589,000.             231

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

                                                          ORIGINAL        REDUCED        SOLD        CLOSING        DAYS ON

ADDRESS                                         LIST PRICE         PRICE             PRICE            DATE          MARKET

8901 First (5)Bed.,(2.5)Bth.          $1,995,000.       SAME         $1,850,000.     9/30/11        262

Average Original               Average Reduced               Average Sold               Average Days on

List Price = $1,995,000.     List Price = $1,995,000.    Price = $1,850,000.     Market = 262

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

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

LOTS/LAND – UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (0)

LOTS/LAND – COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (1)

                                                                                                   ORIGINAL            REDUCED         DAYS ON

ADDRESS                                                                                  LIST PRICE           LIST PRICE        MARKET

408 99TH (3-2-1)Bed., (2-1-1)Bth.                                         $989,000.             $799,900.            348

MULTI-FAMILY – COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (1)

                                                                                                      ORIGINAL        REDUCED        DAYS ON

ADDRESS                                                                                     LIST PRICE        LIST PRICE      MARKET

8001 Second (2)Bed.,(2)Bth. #104                                          $325,000.              SAME              8

CONDO/TOWNHOUSE – COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

TOTAL STONE HARBOR SALE INVENTORY (AS OF 10-14-11) = 249

RESIDENTIAL                                      128

LOTS/LAND                                         12

COMMERCIAL                                     12

MULTI-FAMILY                                    19

CONDO/TOWNHOUSE                       78