from JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
Sales
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VOLUME UP, VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2011 was up 6.4% from October 2010 volume and the total value of sales was up 3.4% from the previous year. The median individual property sale value was down 0.4% from the previous year. There was a 14.1% decrease in the volume of mortgage activity from October 2010 levels.
Year to Date: Volume of Sales is down 6.7%; Total Value of Sales is down 11.5%; Individual Sales Value is down 2%; Mortgage Volume is down 8.5%. Register Meade reports that there were 512 deeds recorded at the Barnstable Registry of Deeds in October 2011 with stated sales values above $50,000.00 representing a stated value of $216,202,251.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in October was $300,000.00.
There were 1,458 mortgages recorded with values above $50,000.00 in October with a total value of $476,543,901.00. The median mortgage amount, commercial, residential or other, was $235,000.00.
By way of comparison, there were 481 deeds recorded at the Barnstable Registry of Deeds in October 2010 with stated sales values above $50,000.00 representing a stated value of $209,042,123.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in October was $301,134.00.
There were 1,698 mortgages recorded with values above $50,000.00 in October with a total value of $506,289,698.00. The median mortgage amount, commercial, residential or other, was $229,185.00.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2011 AS COMPARED TO THE SAME PERIOD IN 2010. All figures are based on sales or mortgages ABOVE $50,000.00.
2011 sales volume: 4,708 2010 sales volume: 5,044
2011 total sales value: $1,919,224,988.00 2010 total sales value: $2,167,569,677.00
2011 median sales price: $289,000.00 2010 median sales price: $295,000.00
2011 mortgage volume: 11,458 2010 mortgage volume: 12,526
2011 total mortgage value: $3,702,999,314.00 2010 total mortgage value: $3,702,687,065.00
2011 median mortgage amount: $220,000.00 2010 median mortgage amount: $225,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE: (Sales values above $50,000.00)
M/Y Value % Differential/prior month Oct 2010: $301,134.00 +0.05%Nov 2010: $297,250.00 -1.3% Dec 2010: $310,000.00 +4.3% Jan 2011: $301,500.00 -2.7 % Feb 2011: $260,000.00 -13.8 % Mar 2011: $268,000.00 +3.1% Apr 2011: $288,500.00 +7.6 % May 2011: $300,000.00 +4.0% June 2011: $275,000.00 -8.3% July 2011: $284,500.00 +3.5% Aug 2011: $277,000.00 -2.6% Sep 2011: $302,000.00 +9.0% Oct 2011: $300,000.00 -0.7%
FORECLOSURE DEEDS MONTH YTD 2011 55 426 2010 40 676 Chg. +37.5% -37%
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