JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2010
VOLUME UP, VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2010 was up 11.7% from August 2009 volume and the total value of sales was up 7.6% from the previous year. The median individual property sale value was down 1.8% from the previous year. There was a 17.8% increase in the volume of mortgage activity from August 2009 levels.
Year to Date: Volume of Sales is up 26.5%; Total Value of Sales is up 36%; Individual Sales Value is up 1.6%; Mortgage Volume is down 31.8%.
Register Meade reports that there were 505 deeds recorded at the Barnstable Registry of Deeds in August 2010 with stated sales values above $50,000.00 representing a stated value of $194,800,801.00 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 August was $289,900.00.
There were 1,427 mortgages recorded with values above $50,000.00 in August with a total value of $372,821,378.00. The median mortgage amount, commercial, residential or other, was $220,000.00.
By way of comparison, there were 452 deeds recorded at the Barnstable Registry of Deeds in August 2009 with stated sales values above $50,000.00 representing a stated value of $181,103,856.00 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 August was $295,150.00.
There were 1,211 mortgages recorded with values above $50,000.00 in August with a total value of $349,308,587.00. The median mortgage amount, commercial, residential or other, was $226,000.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2010 AS COMPARED TO THE SAME PERIOD IN 2009.
All figures are based on sales or mortgages ABOVE $50,000.00.
2010 sales volume: 4,034
2009 sales volume: 3,188
2010 total sales value: $1,678,847,697.00
2009 total sales value: $1,234,519,162.00
2010 median sales price: $292,663.00
2009 median sales price: $288,000.00
2010 mortgage volume: 9,314
2009 mortgage volume: 13,661
2010 total mortgage value: $2,748,042,451.00
2009 total mortgage value: $3,869,199,244.00
2010 median mortgage amount: $222,610.00
2009 median mortgage amount: $233,300.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Aug 2009: $295,150.00 +1.4%
Sep 2009: $296,300.00 +0.4%
Oct 2009: $300,000.00 +1.2%
Nov 2009: $290,000.00 -3.3%
Dec 2009: $315,000.00 +8.6%
Jan 2010: $294,000.00 -6.7 %
Feb 2010: $275,000.00 -6.5 %
Mar 2010: $271,033.00 -1.4 %
Apr 2010: $300,000.00 +10.7%
May 2010: $285,000.00 -5.0%
June 2010: $315,000.00 +10.5%
July 2010: $290,000.00 -7.9%
Aug 2010: $289,900.00 -0.04%
FORECLOSURE DEEDS (Sales values above $50,000)
MONTH YTD
2010 68 574
2009 40 316
Chg. +70% +81.6%