2ND QUARTER
– STONE HARBOR, NJ – 2009 STATISTICS:
RESIDENTIAL:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
1
3
MAY
2
2
JUNE
0
4
(3)
(9)
ORIGINAL List Price REDUCED List
Price SOLD Price Days on Mkt
APRIL $
1,583,000.
$ 1,483,000.
$
1,304,667.
154
MAY
4,445,000.
4,445,000.
3,287,500.
211
JUNE
1,496,250.
1,383,750.
1,246,125.
160
2ND QTR
AVERAGE ($
2,508,083.)
($
2,437,250.)
($ 1,946,097.) (175)
- Difference
between ORIGINAL List Price and SOLD Price = (23%)
- Difference
between ORIGINAL List Price and REDUCED Price = (3%)
LOTS/LAND:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
0
0
MAY
0
0
JUNE
0
0
COMMERCIAL:
APRIL
0
0
MAY
1
0
JUNE
0
0
MULTI-FAMILY:
APRIL
0
0
MAY
0
1
JUNE
0
0
CONDO/TOWNHOUSE:
APRIL
1
0
MAY
2
3
JUNE
1
5
(4)
(8)
ORIGINAL List Price REDUCED List Price SOLD
Price Days on Mkt
APRIL
$
-0-
$
-0-
$ -0-
-0-
MAY
654,333.
629,667.
584,750.
204
JUNE
584,760.
584,760.
543,400.
115
2ND QTR
AVERAGE ($
413,031.)
($
404,809.)
($ 376,050.) (106)
- Difference
between ORIGINAL List Price and SOLD Price = (9%)
- Difference
between ORIGINAL List Price and REDUCED Price = (2%)
STONE HARBOR –
COMPARISON: 1ST QTR 2009 VS. 2ND QTR 2009:
1ST QTR – TOTAL RESIDENTIAL UNITS UNDER
CONTRACT = (8)
1ST QTR – TOTAL RESIDENTIAL UNITS SOLD = (3)
1ST QTR
AVERAGE ORIGINAL List
Price REDUCED List Price SOLD
Price Days on Mkt
$
1,874,167.
$
1,758,833.
$ 1,573,333. 168
2ND QTR – TOTAL RESIDENTIAL UNITS UNDER
CONTRACT = (3)
2ND QTR – TOTAL RESIDENTIAL UNITS SOLD = (9)
2ND QTR
AVERAGE ORIGINAL List
Price REDUCED List Price SOLD
Price Days on Mkt
$
2,508,083.
$
2,437,250.
$
1,946,097.
175
1ST QTR – TOTAL CONDO/TOWNHOUSE UNITS UNDER
CONTRACT = (1)
1ST QTR – TOTAL CONDO/TOWNHOUSE UNITS SOLD =
(3)
1ST QTR
AVERAGE ORIGINAL List Price
REDUCED List Price SOLD Price Days on Mkt
$
999,633.
$
612,667.
$ 565,373.
561
2ND QTR – TOTAL CONDO/TOWNHOUSE UNIT UNDER
CONTRACT = (4)
2ND QTR – TOTAL CONDO/TOWNHOUSE UNITS SOLD =
(8)
2ND QTR
AVERAGE ORIGINAL List
Price REDUCED List Price SOLD
Price Days on Mkt
$
413,031.
$ 404,809.
$ 376,050.
106