JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF OCTOBER 2012
SALES VOLUME RISES, MEDIAN VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2012 was up 11.9% from October 2011 volume and the total value of sales was up 12.4% from the previous year. The median individual property sale value was unchanged from the previous year. There was a 21.6% increase in the volume of mortgage activity from October 2011 levels.
Year to Date: Volume of Sales is up 19.8%; Total Value of Sales is up 25.8%; Individual Sales Value is up 2.1%; Mortgage Volume is up 37.4%.
Register Meade reports that there were 573 deeds recorded at the Barnstable Registry of Deeds in October 2012 with stated sales values above $50,000.00 representing a stated value of $243,096,675.00 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 1,773 mortgages recorded with values above $50,000.00 in October with a total value of $523,390,238.00. The median mortgage amount, commercial, residential or other, was $225,000.00.
By way of comparison 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.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2012
AS COMPARED TO THE SAME PERIOD IN 2011.
All figures are based on sales or mortgages ABOVE $50,000.00.
2012 sales volume: 5,642
2011 sales volume: 4,708
2012 total sales value: $2,415,139,086.00
2011 total sales value: $1,919,224,988.00
2012 median sales price: $295,119.00
2011 median sales price: $289,000.00
2012 mortgage volume: 15,748
2011 mortgage volume: 11,458
2012 total mortgage value: $4,843,891,238.00
2011 total mortgage value: $3,702,999,314.00
2012 median mortgage amount: $229,550.00
2011 median mortgage amount: $220,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Aug 2012: $290,034.00 +2.1%
Sep 2012: $300,000.00 +3.4%
Oct 2012: $300,000.00 0.0%
FORECLOSURE DEEDS
MONTH YTD
2012 18 359
2011 55 426
Chg. -67.3% -15.7%