SALES NUMBERS FINISH STRONG,
 MORTGAGE NUMBERS DIP!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales with stated sales values between $25,000.00 and $1,000,000.00  in December 2003 was up 5.5% from December 2002 volume and the total value of sales was up 18.8% from the previous year.  The average individual property sale value was up 12.6% from the previous year.  There was a 39.7% decrease in the volume of mortgage activity from December 2002 levels.  

Year to date: Sales Volume down 5.2%, Total Sales Value up 8.6%, Average Sales Value up 14.5%, Mortgage Volume up 32.2%.  

Register Meade reports that there were 670 deeds recorded at the Barnstable Registry of Deeds in December 2003 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $223,809,757.00 in county-wide real estate sales.

Based on all property sales valued between $25,000.00 and $1,000,000.00, the average sale price of property in Barnstable County in December was $334,044.00.  

There were 2,548 mortgages recorded with values between $25,000.00 and $1,000,000.00 in December with a total value of $494,732,541.00.  The average mortgage amount, commercial, residential or other, was $194,165.00.  

By way of comparison, in December 2002, there were 635 deeds recorded at the Registry of Deeds with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $188,423,277.00 in county-wide real estate sales.   

The average sales price, based on all property sales valued between $25,000.00 and $1,000,000.00 was $296,730.00.  

REAL ESTATE ACTIVITY THROUGH DECEMBER 2003 AS COMPARED TO THE SAME PERIOD IN 2002.

All figures are based on sales or mortgages between $25,000.00 and $1,000,000.00.

2003 sales volume: 8,392
2002 sales volume: 8,849  

2003 total sales value:  $ 2,699,715,114.00
2002 total sales value:  $ 2,486,813,785.00  

2003 average sales price: $321,701.00
2002 average sales price: $281,028.00  

2003 mortgage volume: 48,617
2002 mortgage volume: 36,790  

2003 total mortgage value:  $8,791,973,700.00
2002 total mortgage value:  $6,254,042,113.00  

2003 average mortgage amount:  $180,841.00
2002 average mortgage amount:  $169,993.00

PAST TWELVE MONTHS AVERAGE SALES VALUE:
(sales values between $25,000 and $1,000,000)

M/Y        Value        % Differential/prior month

Jan  2003: $296,884.00           +0.05% 
Feb  2003: $280,565.00           -5.5%
Mar  2003: $307,623.00           +9.7%
Apr  2003: $303,720.00           -1.3%
May  2003: $321,500.00           +5.9%
June 2003: $327,312.00           +1.8%
July 2003: $323,515.00           -1.2%
Aug  2003: $328,760.00           +1.6%
Sept 2003: $338,307.00           +2.9%
Oct  2003: $332,171.00           -1.8% 
Nov  2003: $342,956.00           +3.2%
Dec  2003: $334,044.00           -2.7%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds