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VERY SOLID MONTH FOR SALES
VALUE!
Barnstable County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in June 2005 was down 2.4% from June
2004 volume and the total value
of sales was down 4.7% from the previous year.
The average individual
property sale value was up 7.4% from the previous year.
There was a 12.1% decrease
in the volume of mortgage activity from June 2004 levels.
Year to Date: Sales Volume is down
8%; Total Sales Value is down 1.4%; Individual sales value is up 7.2 %;
Mortgage volume is down 17.9%.
Register Meade reports that there were 877 deeds recorded at the Barnstable Registry of Deeds in June
2005 with stated sales values between $25,000.00 and $1,000,000.00,
representing a stated value of $348,918,366.00 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 June was $397,854.00.
There were 2,786 mortgages recorded with values between $25,000.00
and $1,000,000.00 in June with
a total value of $612,750,622.00.
The average mortgage amount, commercial, residential or other, was $219,939.00.
By way of comparison, in June 2004, there were 899 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 $333,177,338.00 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 $370,609.00.
There were 3,168 mortgages recorded in June
2004 with values between $25,000.00 and $1,000,000.00 with a total value
of $658,733,178.00. The
average mortgage amount, commercial, residential or other, was $207,933.00.
REAL
ESTATE ACTIVITY THROUGH JUNE 2005 AS
COMPARED TO THE SAME PERIOD IN 2004.
All figures are based on sales or mortgages between
$25,000.00 and $1,000,000.00.
2005 sales volume: 3,849
2004 sales volume: 4,185
2005 total sales value:
$1,464,276,194.00
2004 total sales value: $1,485,640,760.00
2005 average sales price: $380,430.00
2004 average sales price: $354,992.00
2005 mortgage volume: 14,602
2004 mortgage volume: 17,784
2005 total mortgage value: $3,161,409,243.00
2004 total mortgage value: $3,565,781,934.00
2005 average mortgage amount:
$216,505.00
2004 average mortgage amount: $200,505.00
PAST TWELVE MONTHS AVERAGE SALES
VALUE:
(sales values between $25,000 and $1,000,000)
M/Y
Value
% Differential/prior month
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%
June 2005:
$397,854.00
+3.1%
John F. Meade
Barnstable Register of Deeds
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