JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JUNE 2010
VOLUME RISES, VALUE EKES OUT A GAIN!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2010 was up 46% from June 2009 volume and the total value of sales was up 69.7% from the previous year. The median individual property sale value was up 3.3% from the previous year. There was a 40.6% decrease in the volume of mortgage activity from June 2009 levels.
Year to Date: Volume of Sales is up 36.9%; Total Value of Sales is up 50%; Individual Sales Value is up 2.8%; Mortgage Volume is down 38.7%.
Register Meade reports that there were 699 deeds recorded at the Barnstable Registry of Deeds in June 2010 with stated sales values above $50,000.00 representing a stated value of $324,107,454.00 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 June was $315,000.00.
There were 1,246 mortgages recorded with values above $50,000.00 in June with a total value of $391,804,906.00. The median mortgage amount, commercial, residential or other, was $225,000.00.
By way of comparison, there were 479 deeds recorded at the Barnstable Registry of Deeds in June 2009 with stated sales values above $50,000.00 representing a stated value of $190,949,921.00 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 June was $305,000.00.
There were 2,097 mortgages recorded with values above $50,000.00 in June with a total value of $583,386,584.00. The median mortgage amount, commercial, residential or other, was $231,200.00.
REAL ESTATE ACTIVITY THROUGH JUNE 2010
AS COMPARED TO THE SAME PERIOD IN 2009.
All figures are based on sales or mortgages ABOVE $50,000.00.
2010 sales volume: 3,023
2009 sales volume: 2,208
2010 total sales value: $1,273,695,464.00
2009 total sales value: $849,170,702.00
2010 median sales price: $293,000.00
2009 median sales price: $285,000.00
2010 mortgage volume: 6,637
2009 mortgage volume: 10,820
2010 total mortgage value: $2,015,993,329.00
2009 total mortgage value: $3,023,303,868.00
2010 median mortgage amount: $222,323.00
2009 median mortgage amount: $235,246.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
May 2010: $285,000.00 -5.0%
June 2010: $315,000.00 +10.5%
FORECLOSURE DEEDS (Sales values above $50,000)
MONTH YTD
2010 98 440
2009 50 249
Chg. +96% +76.7%