A MIXED BAG FOR JULY!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2005 was down 5.9% from July 2004 volume and the total value of sales was down 2.7% from the previous year.  The average individual property sale value was up 9.2% from the previous year.  There was a 3.3% decrease in the volume of mortgage activity from June 2004 levels.  

Year to Date: Sales Volume is down 7.7%; Total Sales Value is down 1%; Individual sales value is up 7.5 %; Mortgage volume is down 16%.  

Register Meade reports that there were 734 deeds recorded at the Barnstable Registry of Deeds in July 2005 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $288,809,384.00 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 July was $393,473.00.  

There were 2,575 mortgages recorded with values between $25,000.00 and $1,000,000.00 in July with a total value of $580,750,994.00.  The average mortgage amount, commercial, residential or other, was $225,534.00.  

By way of comparison, in July 2004, there were 780 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 $281,181,106.00 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 $360,489.00.  

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

2005 sales volume: 4,583
2004 sales volume: 4,965  

2005 total sales value:  $1,753,085,578.00
2004 total sales value:  $1,766,821,866.00  

2005 average sales price: $382,519.00
2004 average sales price: $355,855.00  

2005 mortgage volume: 17,177
2004 mortgage volume: 20,448  

2005 total mortgage value:  $3,742,160,237.00
2004 total mortgage value:  $4,074,271,252.00  

2005 average mortgage amount:  $217,858.00
2004 average mortgage amount:  $199,250.00

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

M/Y        Value        % Differential/prior month

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% 
July 2005: $393,473.00        -1.1%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds