JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF DECEMBER 2009
VOLUME HAS A SOLID FINISH TO A DOWN YEAR !
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2009 was up 39.2% from December 2008 volume and the total value of sales was up 12.7% from the previous year. The median individual property sale value was up 8.6% from the previous year. There was a 40.9% increase in the volume of mortgage activity from December 2008 levels.
Year to Date: Volume of Sales is down 9.4%; Total Value of Sales is down 22.1%; Individual Sales Value is down 5%; Mortgage Volume is up 28.2%.
Register Meade reports that there were 533 deeds recorded at the Barnstable Registry of Deeds in December 2009 with stated sales values above $50,000.00 representing a stated value of $224,211,318.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in December was $315,000.00.
There were 1,417 mortgages recorded with values above $50,000.00 in December with a total value of $519,699,474.00. The median mortgage amount, commercial, residential or other, was $233,516.00.
By way of comparison, there were 383 deeds recorded at the Barnstable Registry of Deeds in December 2008 with stated sales values above $50,000.00 representing a stated value of $198,963,809.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in December was $290,000.00.
There were 1,006 mortgages recorded with values above $50,000.00 in December with a total value of $381,845,441.00. The median mortgage amount, commercial, residential or other, was $220,050.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2009
AS COMPARED TO THE SAME PERIOD IN 2008.
All figures are based on sales or mortgages ABOVE $50,000.00.
2009 sales volume: 5,250
2008 sales volume: 5,791
2009 total sales value: $2,091,267,891.00
2008 total sales value: $2,682,701,516.00
2009 median sales price: $294,500.00
2008 median sales price: $310,000.00
2009 mortgage volume: 18,625
2008 mortgage volume: 14,533
2009 total mortgage value: $5,470,596,861.00
2008 total mortgage value: $4,809,113,442.00
2009 median mortgage amount: $232,000.00
2008 median mortgage amount: $225,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Dec 2008: $290,000.00 -2.5%
Jan 2009: $275,000.00 -5.2 %
Feb 2009: $249,900.00 -9.1 %
Mar 2009: $265,000.00 +6 %
Apr 2009: $289,750.00 +9.3%
May 2009: $294,500.00 +1.6%
June 2009: $305,000.00 +3.6%
July 2009: $291,000.00 -4.6%
Aug 2009: $295,150.00 +1.4%
Oct 2009: $300,000.00 +1.2%
Nov 2009: $290,000.00 -3.3%
Dec 2009: $315,000.00 +8.6%
FORECLOSURE DEEDS
MONTH YTD
2009 49 481
2008 39 599
Chg. +25.7 -19.7%