VALUE UP, VOLUME FLAT!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2005 was up 2.3% from February 2004 volume and the total value of sales was up 14.3% from the previous year.  The average individual property sale value was up 11.8% from the previous year.  There was a 15.8% decrease in the volume of mortgage activity from February 2004 levels.  

Year to Date: Sales Volume is down 2.7%; Total Sales Value is up 7.2%; Individual sales value is up 10.1%; Mortgage volume is down 9.1%.  

Register Meade reports that there were 443 deeds recorded at the Barnstable Registry of Deeds in February 2005 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $157,153,391.00 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 February was $354,748.00.  

There were 1,894 mortgages recorded with values between $25,000.00 and $1,000,000.00 in February with a total value of $408,750,218.00.  The average mortgage amount, commercial, residential or other, was $215,813.00.  

By way of comparison, in February 2004, there were 433 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 $137,454,486.00 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 $317,447.00.  

There were 2,249 mortgages recorded in February 2004 with values between $25,000.00 and $1,000,000.00 with a total value of $426,426,899.00.  The average mortgage amount, commercial, residential or other, was $189,607.00.

2005 sales volume: 975
2004 sales volume: 1002  

2005 total sales value:  $358,486,761.00
2004 total sales value:  $334,474,684.00  

2005 average sales price: $367,679.00
2004 average sales price: $333,807.00  

2005 mortgage volume: 4,024
2004 mortgage volume: 4,429  

2005 total mortgage value:  $845,580,692.00
2004 total mortgage value:  $864,534,527.00  

2005 average mortgage amount:  $210,134.00
2004 average mortgage amount:  $195,199.00

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

M/Y        Value        % Differential/prior month

Mar  2004: $344,985.00        +8.7%
Apr  2004: $359,655.00        +4.3%
May  2004: $367,247.00        +2.1% 
June 2004: $370,609.00        +0.9% 
July 2004: $360,489.00        -2.7%
Aug  2004: $357,277.00        -0.9%
Sept 2004: $380,814.00        +6.6%
Oct  2004: $390,681.00        +2.6% 
Nov  2004: $398,042.00        +1.9%
Dec  2004: $361,852.00        -9.1%
Jan  2005: $378,446.00        +4.6% 
Feb  2005: $354,748.00       - 6.3%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds