JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF APRIL 2010
VOLUME & VALUE SEE GAIN!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2010 was up 49.7% from April 2009 volume and the total value of sales was up 61.3% from the previous year. The median individual property sale value was up 3.5% from the previous year. There was a 32.6% decrease in the volume of mortgage activity from April 2009 levels.
Year to Date: Volume of Sales is up 38%; Total Value of Sales is up 43.2%; Individual Sales Value is up 6%; Mortgage Volume is down 35.8%.
Register Meade reports that there were 509 deeds recorded at the Barnstable Registry of Deeds in April 2010 with stated sales values above $50,000.00 representing a stated value of $196,075,171.00 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 April was $300,000.00.
There were 1,171 mortgages recorded with values above $50,000.00 in April with a total value of $332,741,366.00. The median mortgage amount, commercial, residential or other, was $223,700.00.
By way of comparison, there were 340 deeds recorded at the Barnstable Registry of Deeds in April 2009 with stated sales values above $50,000.00 representing a stated value of $121,550,210.00 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 April was $289,750.00.
There were 1,737 mortgages recorded with values above $50,000.00 in April with a total value of $476,508,789.00. The median mortgage amount, commercial, residential or other, was $240,000.00.
REAL ESTATE ACTIVITY THROUGH APRIL 2010
AS COMPARED TO THE SAME PERIOD IN 2009.
All figures are based on sales or mortgages ABOVE $50,000.00.
2010 sales volume: 1,754
2009 sales volume: 1,271
2010 total sales value: $690,350,917.00
2009 total sales value: $482,209,434.00
2010 median sales price: $286,250.00
2009 median sales price: $270,000.00
2010 mortgage volume: 4,308
2009 mortgage volume: 6,713
2010 total mortgage value: $1,284,346,283.00
2009 total mortgage value: $1,909,370,359.00
2010 median mortgage amount: $225,000.00
2009 median mortgage amount: $239,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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 %
Mar 2010: $271,033.00 -1.4 %
Apr 2010: $300,000.00 +10.7 %
FORECLOSURE DEEDS
MONTH YTD
2010 70 266
2009 36 166
Chg. +94.4% +60.2%