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OCTOBER “SPOOKS” NUMBERS!
Barnstable County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in October 2005 was down 17.6% from October
2004 volume and the total value
of sales was down 17.7% from the previous year.
The average individual
property sale value was down 0.1% from the previous year.
There was a 6.4% decrease in
the volume of mortgage activity from October 2004 levels.
Year to Date: Sales Volume is down
7.6%; Total Sales Value is down 1.7%; Individual sales value is up 6.4%;
Mortgage volume is down 11.9%.
Register Meade reports that there were 660 deeds recorded at the Barnstable Registry of Deeds in October
2005 with stated sales values between $25,000.00 and $1,000,000.00,
representing a stated value of $257,504,064.00 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 October was $390,158.00.
There were 2,489 mortgages recorded with values between $25,000.00
and $1,000,000.00 in October with
a total value of $576,293,373.00.
The average mortgage amount, commercial, residential or other, was $231,536.00.
By way of comparison, in October 2004, there were 801 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 $312,935,774.00 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 $390,681.00.
There were 2,659 mortgages
recorded in October 2004 with
values between $25,000.00 and $1,000,000.00 with a total value of $542,232,760.00.
The average mortgage amount, commercial, residential or other, was $203,924.00.
REAL
ESTATE ACTIVITY THROUGH OCTOBER 2005 AS
COMPARED TO THE SAME PERIOD IN 2004.
2005 sales volume: 6,678
2004 sales volume: 7,229
2005 total sales value:
$2,575,734,203.00
2004 total sales value: $2,619,730,063.00
2005 average sales price: $385,704.00
2004 average sales price: $362,392.00
2005 mortgage volume: 24,791
2004 mortgage volume: 28,138
2005 total mortgage value:
$5,478,478,645.00
2004 total mortgage value: $5,611,305,438.00
2005 average mortgage amount:
$220,987.00
2004 average mortgage amount: $199,421.00
PAST TWELVE MONTHS AVERAGE SALES
VALUE:
(sales values between $25,000 and $1,000,000)
M/Y
Value
% Differential/prior month
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%
Oct 2005:
$390,158.00
-0.5%
John F. Meade
Barnstable Register of Deeds
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