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INDIVIDUAL VALUE REMAINS SOLID,
VOLUME CONTINUES TO DIP!
Barnstable County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in April 2005 was down 13.7% from April
2004 volume and the total value of
sales was down 8.9% from the previous year.
The average individual
property sale value was up 5.5% from the previous year.
There was a 30.3% decrease
in the volume of mortgage activity from April 2004 levels.
Year to Date: Sales Volume is down
9.4%; Total Sales Value is down 2.4%; Individual sales value is up 7.7%;
Mortgage volume is down 19.2%.
Register Meade reports that there were 690 deeds recorded at the Barnstable Registry of Deeds in April
2005 with stated sales values between $25,000.00 and $1,000,000.00,
representing a stated value of $261,823,714.00 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 April was $379,455.00.
There were 2,535 mortgages recorded with
values between $25,000.00 and $1,000,000.00 in April
with a total value of $560,975,708.00.
The average mortgage amount, commercial, residential or other, was $221,292.00.
By way of comparison, in April 2004, there were 799 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 $287,364,040.00 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 $359,655.00.
There were 3,639 mortgages
recorded in April 2004 with
values between $25,000.00 and $1,000,000.00 with a total value of $727,463,336.00.
The average mortgage amount, commercial, residential or other, was $199,907.00.
REAL
ESTATE ACTIVITY THROUGH APRIL 2005 AS
COMPARED TO THE SAME PERIOD IN 2004.
2005 sales volume: 2,231
2004 sales volume: 2,463
2005 total sales value:
$829,539,433.00
2004 total sales value: $850,219,002.00
2005 average sales price: $371,824.00
2004 average sales price: $345,197.00
2005 mortgage volume: 9,176
2004 mortgage volume: 11,359
2005 total mortgage value:
$1,978,672,577.00
2004 total mortgage value: $2,233,929,302.00
2005 average mortgage amount:
$215,636.00
2004 average mortgage amount: $196,666.00
PAST TWELVE MONTHS AVERAGE SALES
VALUE:
(sales values between $25,000 and $1,000,000)
M/Y
Value
% Differential/prior month
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%
Mar 2005: $369,662.00
+4.2%
Apr 2005:
$379,455.00
+2.7%
John F. Meade
Barnstable Register of Deeds
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