JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2013
VOLUME DOWN & VALUE JUMPS!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2013 was down 16.8% from February 2012 volume and the total value of sales was down 5.3% from the previous year. The median individual property sale value was up 19.3% from the previous year. There was a 4.5% increase in the volume of mortgage activity from February 2012 levels.
Year to Date: Volume of Sales is down 12.7%; Total Value of Sales is down 2.7%; Individual Sales Value is up 6.4%; Mortgage Volume is up 13.4%.
Register Meade reports that there were 321 deeds recorded at the Barnstable Registry of Deeds in February 2013 with stated sales values above $50,000.00 representing a stated value of $152,889,249.00 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 February was $300,000.00.
There were 1,417 mortgages recorded with values above $50,000.00 in February with a total value of $427,430,546.00. The median mortgage amount, commercial, residential or other, was $230,000.00.
By way of comparison, there were 386 deeds recorded at the Barnstable Registry of Deeds in February 2012 with stated sales values above $50,000.00 representing a stated value of $161,456,635.00 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 February was $251,500.00.
There were 1,356 mortgages recorded with values above $50,000.00 in February with a total value of $412,868,975.00. The median mortgage amount, commercial, residential or other, was $230,000.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2013
AS COMPARED TO THE SAME PERIOD IN 2012.
All figures are based on sales or mortgages ABOVE $50,000.00.
2013 sales volume: 704
2012 sales volume: 806
2013 total sales value: $314,172,356.00
2012 total sales value: $323,054,856.00
2013 median sales price: $290,000.00
2012 median sales price: $272,500.00
2013 mortgage volume: 3,105
2012 mortgage volume: 2,737
2013 total mortgage value: $880,050,221.00
2012 total mortgage value: $964,162,829.00
2013 median mortgage amount: $225,000.00
2012 median mortgage amount: $228,500.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Nov 2012: $315,000.00 +5.0%
Dec 2012: $334,000.00 +6.0%
Jan 2013: $280,000.00 -16.2 %
Feb 2013: $300,000.00 +7.1 %
FORECLOSURE DEEDS
MONTH YTD
2013 14 34
2012 54 84
Chg. -74% -59.5%