JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JANUARY 2010
VOLUME & VALUE SEE INCREASE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2010 was up 20.8% from January 2009 volume and the total value of sales was up 18.3% from the previous year. The median individual property sale value was up 6.9% from the previous year. There was a 23% decrease in the volume of mortgage activity from January 2009 levels.
Year to Date: Volume of Sales is up 20.8%; Total Value of Sales is up 18.3%; Individual Sales Value is up 6.9%; Mortgage Volume is down 23%.
Register Meade reports that there were 343 deeds recorded at the Barnstable Registry of Deeds in January 2010 with stated sales values above $50,000.00 representing a stated value of $131,457,159.00 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 January was $294,000.00.
There were 1,097 mortgages recorded with values above $50,000.00 in January with a total value of $347,207,485.00. The median mortgage amount, commercial, residential or other, was $235,000.00.
By way of comparison, there were 284 deeds recorded at the Barnstable Registry of Deeds in January 2009 with stated sales values above $50,000.00 representing a stated value of $111,155,100.00 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 January was $275,000.00.
There were 1,424 mortgages recorded with values above $50,000.00 in January with a total value of $465,927,615.00. The median mortgage amount, commercial, residential or other, was $248,600.00.
REAL ESTATE ACTIVITY THROUGH JANUARY 2010
AS COMPARED TO THE SAME PERIOD IN 2009.
All figures are based on sales or mortgages ABOVE $50,000.00.
2010 sales volume: 343
2009 sales volume: 284
2010 total sales value: $131,457,159.00
2009 total sales value: $111,155,100.00
2010 median sales price: $294,000.00
2009 median sales price: $275,000.00
2010 mortgage volume: 1,097
2009 mortgage volume: 1,424
2010 total mortgage value: $347,207,485.00
2009 total mortgage value: $465,927,615.00
2010 median mortgage amount: $235,000.00
2009 median mortgage amount: $248,600.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Jan 2010: $294,000.00 -6.7 %
FORECLOSURE DEEDS
MONTH YTD
2010 60 60
2009 41 41
Chg. +46.4% +46.4%