JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2011
VOLUME UP & VALUE CONTINUES TO DIP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2011 was up 3.6% from August 2010 volume and the total value of sales was up 11.5% from the previous year. The median individual property sale value was down 4.4% from the previous year. There was a 26.8% decrease in the volume of mortgage activity from August 2010 levels.
Year to Date: Volume of Sales is down 9.5%; Total Value of Sales is down 13.2%; Individual Sales Value is down 3.1%; Mortgage Volume is down 5.4%.
Register Meade reports that there were 523 deeds recorded at the Barnstable Registry of Deeds in August 2011 with stated sales values above $50,000.00 representing a stated value of $217,161,700.00 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 August was $277,000.00.
There were 1,044 mortgages recorded with values above $50,000.00 in August with a total value of $284,861,169.00. The median mortgage amount, commercial, residential or other, was $220,000.00.
By way of comparison, there were 505 deeds recorded at the Barnstable Registry of Deeds in August 2010 with stated sales values above $50,000.00 representing a stated value of $194,800,801.00 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 August was $289,900.00.
There were 1,427 mortgages recorded with values above $50,000.00 in August with a total value of $372,821,378.00. The median mortgage amount, commercial, residential or other, was $220,000.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2011
AS COMPARED TO THE SAME PERIOD IN 2010.
All figures are based on sales or mortgages ABOVE $50,000.00.
2011 sales volume: 3,649
2010 sales volume: 4,034
2011 total sales value: $1,457,632,544.00
2010 total sales value: $1,678,847,697.00
2011 median sales price: $283,500.00
2010 median sales price: $292,663.00
2011 mortgage volume: 8,808
2010 mortgage volume: 9,314
2011 total mortgage value: $2,891,612,512.00
2010 total mortgage value: $2,748,042,451.00
2011 median mortgage amount: $214,545.00
2010 median mortgage amount: $222,610.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Aug 2010: $289,900.00 -0.04%
Sep 2010: $301,000.00 +3.8%
Nov 2010: $297,250.00 -1.3%
Dec 2010: $310,000.00 +4.3%
Jan 2011: $301,500.00 -2.7 %
Feb 2011: $260,000.00 -13.8 %
Mar 2011: $268,000.00 +3.1%
Apr 2011: $288,500.00 +7.6 %
May 2011: $300,000.00 +4.0%
June 2011: $275,000.00 -8.3%
July 2011: $284,500.00 +3.5%
Aug 2011: $277,000.00 -2.6%
FORECLOSURE DEEDS
MONTH YTD
2011 47 325
2010 68 574
Chg. -30.9% -43.4%