REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF SEPTEMBER 2005


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 200
4.

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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