JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JULY 2012
SALES VOLUME JUMPS, MEDIAN VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2012 was up 33.8% from July 2011 volume and the total value of sales was up 46.9% from the previous year. The median individual property sale value was down 0.2% from the previous year. There was a 78.4% increase in the volume of mortgage activity from July 2011 levels.
Year to Date: Volume of Sales is up 23.6%; Total Value of Sales is up 30.9%; Individual Sales Value is up 3.8%; Mortgage Volume is up 38%.
Register Meade reports that there were 605 deeds recorded at the Barnstable Registry of Deeds in July 2012 with stated sales values above $50,000.00 representing a stated value of $259,374,719.00 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 July was $284,000.00.
There were 1,604 mortgages recorded with values above $50,000.00 in July with a total value of $448,358,950.00. The median mortgage amount, commercial, residential or other, was $222,300.00.
By way of comparison there were 452 deeds recorded at the Barnstable Registry of Deeds in July 2011 with stated sales values above $50,000.00 representing a stated value of $176,602,644.00 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 July was $284,500.00.
There were 899 mortgages recorded with values above $50,000.00 in July with a total value of $246,965,561.00. The median mortgage amount, commercial, residential or other, was $221,791.00.
REAL ESTATE ACTIVITY THROUGH JULY 2012
AS COMPARED TO THE SAME PERIOD IN 2011.
All figures are based on sales or mortgages ABOVE $50,000.00.
2012 sales volume: 3,865
2011 sales volume: 3,126
2012 total sales value: $1,623,834,281.00
2011 total sales value: $1,240,470,844.00
2012 median sales price: $295,000.00
2011 median sales price: $284,110.00
2012 mortgage volume: 10,714
2011 mortgage volume: 7,764
2012 total mortgage value: $3,368,168,024.00
2011 total mortgage value: $2,606,751,343.00
2012 median mortgage amount: $227,435.00
2011 median mortgage amount: $214,350.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
July 2012: $284,000.00 -8.4%
FORECLOSURE DEEDS
MONTH YTD
2012 43 267
2011 47 278
Chg. -8.5% -4%