2005 CLOSES OUT QUIETLY!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2005 was down 20.7% from December 2004 volume and the total value of sales was down 18.6% from the previous year.  The average individual property sale value was up 2.6% from the previous year.  There was a 10.8% decrease in the volume of mortgage activity from December 2004 levels.  

Year to Date: Sales Volume is down 9.3%; Total Sales Value is down 4.4%; Individual sales value is up 5.4%; Mortgage volume is down 11.3%.  

Register Meade reports that there were 518 deeds recorded at the Barnstable Registry of Deeds in December 2005 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $192,307,786.00 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 December was $371,250.00.  

There were 2,319 mortgages recorded with values between $25,000.00 and $1,000,000.00 in December with a total value of $490,202,584.00.  The average mortgage amount, commercial, residential or other, was $211,385.00.  

By way of comparison, there were 653 deeds recorded at the Barnstable Registry of Deeds in December 2004 with stated sales values between $25,000.00 and $1,000,000.00, representing a stated value of $236,289,327.00 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 December 2004 was $361,852.00.  

2005 sales volume: 7,767
2004 sales volume: 8,561  

2005 total sales value:  $2,988,503,190.00
2004 total sales value:  $3,126,289,981.00  

2005 average sales price: $384,769.00
2004 average sales price: $365,178.00  

2005 mortgage volume: 29,502
2004 mortgage volume: 33,249  

2005 total mortgage value:  $6,511,583,105.00
2004 total mortgage value:  $6,700,026,838.00  

2005 average mortgage amount:  $220,717.00
2004 average mortgage amount:  $201,511.00

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

M/Y        Value        % Differential/prior month

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% 
Nov  2005: $386,097.00         -1%
Dec  2005: $371,250.00         -3.8%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds