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Barnstable
County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in February 2006 was down
12.7% from February 2005 volume and the total value
of sales was down 0.7% from the previous year. The
median individual property sale value was up 8%
from the previous year. There was a 4.5% decrease in
the volume of mortgage activity from February 2005 levels.
Year to Date: Volume of Sales is down 20.2%;
Total Value of Sales is down 13.3%; Individual Sales Value
is up 4.22%; Mortgage Volume is down 8.1%.
Register Meade reports that there were 405
deeds recorded at the Barnstable Registry of Deeds in
February 2006 with stated sales values above $50,000.00
representing a stated value of $207,640,577.00 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 $372,000.00.
There were 1,662 mortgages recorded with
values above $50,000.00 in February with a total value of
$721,547,099.00. The median mortgage
amount, commercial, residential or other, was
$216,800.00.
By way of comparison, in February 2005, there were
464 deeds recorded at the Registry of Deeds with
stated sales values above $50,000.00, representing a total
value of $209,083,416.00 in county-wide real estate
sales.
The median sales price, based on all
property sales values above $50,000.00 was $344,250.00.
There were
1,741 mortgages recorded in February 2005 with
values above $50,000.00with a total value of
$460,808,496.00. The median mortgage
amount, commercial, residential or other, was
$210,000.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2006 AS COMPARED TO
THE SAME PERIOD IN 2005.
All figures
are based on sales or mortgages ABOVE $50,000.00.
2006 sales
volume: 819
2005 sales volume: 1,026
2006 total
sales value: $417,336,244.00
2005 total sales value: $481,086,331.00
2006
median sales price: $370,000.00
2005 median sales price: $355,000.00
2006 mortgage
volume: 3,350
2005 mortgage volume: 3,647
2006 total
mortgage value: $1,193,247,744.00
2005 total mortgage value: $985,784,378.00
2006
median mortgage amount: $213,300.00
2005 median mortgage amount: $207,000.00
TRAILING TWELVE MONTHS
MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y
Value % Differential/prior month
Mar 2005: $352,200.00 +2.3%
Apr 2005: $353,000.00 +0.2%
May 2005: $367,750.00 +4.2%
June 2005: $368,000.00 +0.1%
July 2005: $365,371.00 -0.7%
Aug 2005: $375,000.00 +2.6%
Sept 2005: $369,000.00 -1.6%
Oct 2005: $367,000.00 -0.5%
Nov 2005: $369,100.00 +1.1%
Dec 2005: $356,550.00 -3.4%
Jan 2006: $367,350.00 +3%
Feb 2006: $370,000.00 +0.7%
This
information was provided by Barnstable County Register of
Deeds - John F. Meade
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