JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2010
VOLUME & VALUE SEE SOLID INCREASE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2010 was up 31.2% from February 2009 volume and the total value of sales was up 46.1% from the previous year. The median individual property sale value was up 10% from the previous year. There was a 47.9% decrease in the volume of mortgage activity from February 2009 levels.
Year to Date: Volume of Sales is up 25.8%; Total Value of Sales is up 32.3%; Individual Sales Value is up 9.8%; Mortgage Volume is down 36.5%.
Register Meade reports that there were 349 deeds recorded at the Barnstable Registry of Deeds in February 2010 with stated sales values above $50,000.00 representing a stated value of $165,572,022.00 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 February was $275,000.00.
There were 878 mortgages recorded with values above $50,000.00 in February with a total value of $265,836,968.00. The median mortgage amount, commercial, residential or other, was $225,000.00.
By way of comparison, there were 266 deeds recorded at the Barnstable Registry of Deeds in February 2009 with stated sales values above $50,000.00 representing a stated value of $113,314,798.00 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 February was $249,900.00.
There were 1,684 mortgages recorded with values above $50,000.00 in February with a total value of $458,531,934.00. The median mortgage amount, commercial, residential or other, was $240,000.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2010
AS COMPARED TO THE SAME PERIOD IN 2009.
All figures are based on sales or mortgages ABOVE $50,000.00.
2010 sales volume: 692
2009 sales volume: 550
2010 total sales value: $297,029,181.00
2009 total sales value: $224,469,898.00
2010 median sales price: $286,500.00
2009 median sales price: $261,000.00
2010 mortgage volume: 1,975
2009 mortgage volume: 3,108
2010 total mortgage value: $613,044,453.00
2009 total mortgage value: $924,459,549.00
2010 median mortgage amount: $230,000.00
2009 median mortgage amount: $243,350.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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 %
Feb 2010: $275,000.00 -6.5 %
FORECLOSURE DEEDS
MONTH YTD
2010 57 117
2009 41 82
Chg. +39% +42.7%