JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF OCTOBER 2011
VOLUME UP, VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2011 was up 6.4% from October 2010 volume and the total value of sales was up 3.4% from the previous year. The median individual property sale value was down 0.4% from the previous year. There was a 14.1% decrease in the volume of mortgage activity from October 2010 levels.
Year to Date: Volume of Sales is down 6.7%; Total Value of Sales is down 11.5%; Individual Sales Value is down 2%; Mortgage Volume is down 8.5%.
Register Meade reports that there were 512 deeds recorded at the Barnstable Registry of Deeds in October 2011 with stated sales values above $50,000.00 representing a stated value of $216,202,251.00 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 October was $300,000.00.
There were 1,458 mortgages recorded with values above $50,000.00 in October with a total value of $476,543,901.00. The median mortgage amount, commercial, residential or other, was $235,000.00.
By way of comparison, there were 481 deeds recorded at the Barnstable Registry of Deeds in October 2010 with stated sales values above $50,000.00 representing a stated value of $209,042,123.00 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 October was $301,134.00.
There were 1,698 mortgages recorded with values above $50,000.00 in October with a total value of $506,289,698.00. The median mortgage amount, commercial, residential or other, was $229,185.00.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2011
AS COMPARED TO THE SAME PERIOD IN 2010.
All figures are based on sales or mortgages ABOVE $50,000.00.
2011 sales volume: 4,708
2010 sales volume: 5,044
2011 total sales value: $1,919,224,988.00
2010 total sales value: $2,167,569,677.00
2011 median sales price: $289,000.00
2010 median sales price: $295,000.00
2011 mortgage volume: 11,458
2010 mortgage volume: 12,526
2011 total mortgage value: $3,702,999,314.00
2010 total mortgage value: $3,702,687,065.00
2011 median mortgage amount: $220,000.00
2010 median mortgage amount: $225,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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 55 426
2010 40 676
Chg. +37.5% -37%