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NUMBERS “FALL” FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in September 2005 was down 1.9% from September
2004 volume and the total value
of sales was up 1% from the previous year.
The average individual
property sale value was up 2.9% from the previous year.
There was a 4.7% decrease in
the volume of mortgage activity from September 2004 levels.
Year to Date: Sales Volume is down
6.4%; Total Sales Value is up 0.5%; Individual sales value is up 7.4%;
Mortgage volume is down 12.5%.
Register Meade reports that there were 720 deeds recorded at the Barnstable Registry of Deeds in September
2005 with stated sales values between $25,000.00 and $1,000,000.00,
representing a stated value of $282,191,114.00 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 September was $391,932.00.
There were 2,394 mortgages recorded with values between $25,000.00
and $1,000,000.00 in September
with a total value of $552,792,945.00.
The average mortgage amount, commercial, residential or other, was $230,908.00.
By way of comparison, in September 2004, there were 734 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 $279,517,626.00 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 $380,814.00.
There were 2,512 mortgages recorded in September
2004 with values between $25,000.00 and $1,000,000.00 with a total value
of $512,954,520.00. The
average mortgage amount, commercial, residential or other, was $204,202.00.
REAL
ESTATE ACTIVITY THROUGH SEPTEMBER 2005 AS
COMPARED TO THE SAME PERIOD IN 2004.
2005 sales volume: 6,018
2004 sales volume: 6,428
2005 total sales value:
$2,318,230,139.00
2004 total sales value: $2,306,794,289.00
2005 average sales price: $385,216.00
2004 average sales price: $358,867.00
2005 mortgage volume: 22,302
2004 mortgage volume: 25,479
2005 total mortgage value:
$4,902,185,272.00
2004 total mortgage value: $5,069,072,678.00
2005 average mortgage amount:
$219,809.00
2004 average mortgage amount: $198,951.00
PAST TWELVE MONTHS AVERAGE SALES
VALUE:
(sales values between $25,000 and $1,000,000)
M/Y
Value
% Differential/prior month
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%
Sept 2005:
$391,932.00
-1.0%
John F. Meade
Barnstable Register of Deeds
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