JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JUNE 2012
SALES VOLUME & MEDIAN VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2012 was up 30% from June 2011 volume and the total value of sales was up 36.2% from the previous year. The median individual property sale value was up 12.7%from the previous year. There was a 57.3% increase in the volume of mortgage activity from June 2011 levels.
Year to Date: Volume of Sales is up 21.9%; Total Value of Sales is up 28.3%; Individual Sales Value is up 3.8%; Mortgage Volume is up 32.7%.
Register Meade reports that there were 736 deeds recorded at the Barnstable Registry of Deeds in June 2012 with stated sales values above $50,000.00 representing a stated value of $303,181,401.00 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 $310,000.00.
There were 1,553 mortgages recorded with values above $50,000.00 in June with a total value of $445,342,817.00. The median mortgage amount, commercial, residential or other, was $230,000.00.
By way of comparison there were 565 deeds recorded at the Barnstable Registry of Deeds in June 2011 with stated sales values above $50,000.00 representing a stated value of $222,661,357.00 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 $275,000.00.
There were 987 mortgages recorded with values above $50,000.00 in June with a total value of $356,258,304.00. The median mortgage amount, commercial, residential or other, was $203,500.00.
REAL ESTATE ACTIVITY THROUGH JUNE 2012
AS COMPARED TO THE SAME PERIOD IN 2011.
All figures are based on sales or mortgages ABOVE $50,000.00.
2012 sales volume: 3,260
2011 sales volume: 2,674
2012 total sales value: $1,364,459,562.00
2011 total sales value: $1,063,868,200.00
2012 median sales price: $295,000.00
2011 median sales price: $284,110.00
2012 mortgage volume: 9,110
2011 mortgage volume: 6,865
2012 total mortgage value: $2,919,809,074.00
2011 total mortgage value: $2,359,785,782.00
2012 median mortgage amount: $228,500.00
2011 median mortgage amount: $213,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Apr 2012: $302,650.00 +8.1 %
May 2012: $300,000.00 -0.9%
June 2012: $310,000.00 +3.3%
FORECLOSURE DEEDS
MONTH YTD
2012 25 224
2011 63 231
Chg. -60% -3%