JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF SEPTEMBER 2011
VOLUME UP, VALUE EDGES UP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in September 2011 was up 3.4% from September 2010 volume and the total value of sales was down 12.3% from the previous year. The median individual property sale value was up 0.3% from the previous year. There was a 21.3% decrease in the volume of mortgage activity from September 2010 levels.
Year to Date: Volume of Sales is down 8%; Total Value of Sales is down 13%; Individual Sales Value is down 2.7%; Mortgage Volume is down 7.6%.
Register Meade reports that there were 547 deeds recorded at the Barnstable Registry of Deeds in September 2011 with stated sales values above $50,000.00 representing a stated value of $245,390,193.00 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 September was $302,000.00.
There were 1,192 mortgages recorded with values above $50,000.00 in September with a total value of $334,842,902.00. The median mortgage amount, commercial, residential or other, was $232,000.00.
By way of comparison, there were 529 deeds recorded at the Barnstable Registry of Deeds in September 2010 with stated sales values above $50,000.00 representing a stated value of $279,679,858.00 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 September was $301,000.00.
There were 1,514 mortgages recorded with values above $50,000.00 in September with a total value of $448,354,917.00. The median mortgage amount, commercial, residential or other, was $230,000.00.
REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2011
AS COMPARED TO THE SAME PERIOD IN 2010.
All figures are based on sales or mortgages ABOVE $50,000.00.
2011 sales volume: 4,196
2010 sales volume: 4,563
2011 total sales value: $1,703,022,737.00
2010 total sales value: $1,958,527,555.00
2011 median sales price: $285,708.00
2010 median sales price: $293,750.00
2011 mortgage volume: 10,000
2010 mortgage volume: 10,828
2011 total mortgage value: $3,226,455,413.00
2010 total mortgage value: $3,196,397,368.00
2011 median mortgage amount: $216,850.00
2010 median mortgage amount: $224,450.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Sep 2011: $302,000.00 +9.0%
FORECLOSURE DEEDS
MONTH YTD
2011 46 371
2010 62 636
Chg. -25.8% -41.7%