VOLUME OFF, SALES VALUE UP SLIGHTLY!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2005 was down 10% from May 2004 volume and the total value of sales was down 5.4% from the previous year.  The average individual property sale value was up 5% from the previous year.  There was a 19% decrease in the volume of mortgage activity from May 2004 levels.  

Year to Date: Sales Volume is down 9.6%; Total Sales Value is down 3.2%; Individual sales value is up 7 %; Mortgage volume is down 19.2%.  

Register Meade reports that there were 741 deeds recorded at the Barnstable Registry of Deeds in May 2005 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $285,818,395.00 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 May was $385,720.00.  

There were 2,640 mortgages recorded with values between $25,000.00 and $1,000,000.00 in May with a total value of $569,986,044.00.  The average mortgage amount, commercial, residential or other, was $215,904.00.  

By way of comparison, in May 2004, there were 823 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 $302,244,420.00 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 $367,247.00.  

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

2005 sales volume: 2,972
2004 sales volume: 3,286  

2005 total sales value:  $1,115,357,828.00
2004 total sales value:  $1,152,463,422.00  

2005 average sales price: $375,289.00
2004 average sales price: $350,719.00  

2005 mortgage volume: 11,816
2004 mortgage volume: 14,616  

2005 total mortgage value:  $2,548,658,621.00
2004 total mortgage value:  $2,907,008,756.00  

2005 average mortgage amount:  $215,969.00
2004 average mortgage amount:  $198,892.00

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

M/Y        Value        % Differential/prior month

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%
May  2005: $385,720.00       +1.7% 

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds