JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2012
VOLUME &VALUE INCREASE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2012 was up 8.9% from March 2011 volume and the total value of sales was up 19.1% from the previous year. The median individual property sale value was up 4.5% from the previous year. There was a 36.9% increase in the volume of mortgage activity from March 2011 levels.
Year to Date: Volume of Sales is up 18.5%; Total Value of Sales is up 19.6%; Individual Sales Value is down 1.8%; Mortgage Volume is up 13.6%.
Register Meade reports that there were 467 deeds recorded at the Barnstable Registry of Deeds in March 2012 with stated sales values above $50,000.00 representing a stated value of $198,071,948.00 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 March was $280,000.00.
There were 1,609 mortgages recorded with values above $50,000.00 in March with a total value of $464,362,689.00. The median mortgage amount, commercial, residential or other, was $230,000.00.
By way of comparison, there were 429 deeds recorded at the Barnstable Registry of Deeds in March 2011 with stated sales values above $50,000.00 representing a stated value of $166,325,232.00 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 March was $268,000.00.
There were 1,175 mortgages recorded with values above $50,000.00 in March with a total value of $617,725,864.00. The median mortgage amount, commercial, residential or other, was $227,000.00.
REAL ESTATE ACTIVITY THROUGH MARCH 2012
AS COMPARED TO THE SAME PERIOD IN 2011.
All figures are based on sales or mortgages ABOVE $50,000.00.
2012 sales volume: 1,273
2011 sales volume: 1,074
2012 total sales value: $521,126,804.00
2011 total sales value: $435,686,039.00
2012 median sales price: $275,000.00
2011 median sales price: $280,000.00
2012 mortgage volume: 4,346
2011 mortgage volume: 3,827
2012 total mortgage value: $1,428,525,518.00
2011 total mortgage value: $1,360,559,811.00
2012 median mortgage amount: $229,048.00
2011 median mortgage amount: $219,812.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Nov 2011: $294,000.00 -2.0%
Dec 2011: $300,000.00 +2.0%
Jan 2012: $288,700.00 -3.8 %
Feb 2012: $251,500.00 -12.9 %
Mar 2012: $280,000.00 +11.3%
FORECLOSURE DEEDS
MONTH YTD
2012 39 123
2011 42 99
Chg. -7.1% +24.2%