SALES VALUES REMAIN SOLID!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2005 was down 1.9% from August 2004 volume and the total value of sales was up 8.7% from the previous year.  The average individual property sale value was up 10.8% from the previous year.  There was an 8.4% increase in the volume of mortgage activity from August 2004 levels.  

Year to Date: Sales Volume is down 7%; Total Sales Value is up 0.4%; Individual sales value is up 7.9 %; Mortgage volume is down 13.3%.  

Register Meade reports that there were 715 deeds recorded at the Barnstable Registry of Deeds in August 2005 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $282,953,385.00 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 August was $395,739.00.  

There were 2,731 mortgages recorded with values between $25,000.00 and $1,000,000.00 in August with a total value of $607,232,090.00.  The average mortgage amount, commercial, residential or other, was $222,348.00.  

By way of comparison, in August 2004, there were 729 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 $260,454,797.00 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 $357,277.00.  

There were 2,519 mortgages recorded in August 2004 with values between $25,000.00 and $1,000,000.00 with a total value of $481,846,906.00.  The average mortgage amount, commercial, residential or other, was $191,285.00.

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

2005 sales volume: 5,298
2004 sales volume: 5,694  

2005 total sales value:  $2,036,039,025.00
2004 total sales value:  $2,027,276,663.00  

2005 average sales price: $384,303.00
2004 average sales price: $356,037.00  

2005 mortgage volume: 19,908
2004 mortgage volume: 22,967  

2005 total mortgage value:  $4,349,392,327.00
2004 total mortgage value:  $4,556,118,158.00  

2005 average mortgage amount:  $218,475.00
2004 average mortgage amount:  $198,377.00

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

M/Y        Value        % Differential/prior month

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%  
Aug  2005: $395,739.00        +0.5%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds