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"Barnstable County Register of Deeds, John
F. Meade, reports that the volume of real estate sales
in January 2006 was down 26.3% from January 2005
volume and the total value of sales was down 23%
from the previous year. The median individual
property sale value was up 0.8% from the previous
year. There was a 11.5% decrease
in the volume of mortgage activity from January 2005
levels.
Register Meade
reports that there were 414 deeds recorded at the
Barnstable Registry of Deeds in January 2006 with stated
sales values above $50,000.00 representing a stated value
of $209,695,667.00 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 January was $367,350.00.
There were
1,688 mortgages recorded with values above $50,000.00
in January with a total value of $471,700,644.00.
The median mortgage amount, commercial,
residential or other, was $210,000.00.
By way of
comparison, in January 2005, there were 562 deeds
recorded at the Registry of Deeds with stated sales values
above $50,000.00, representing a total value of
$272,002,915.00 in county-wide real estate sales.
The
median sales price, based on all property sales
values above $50,000.00 was $364,500.00.
There were 1,906
mortgages recorded in January 2005 with values above
$50,000.00with a total value of $524,975,882.00.
The median mortgage amount, commercial,
residential or other, was $205,500.00.
REAL ESTATE ACTIVITY THROUGH JANUARY 2006 AS COMPARED TO
THE SAME PERIOD IN 2005.
All figures
are based on sales or mortgages ABOVE $50,000.00.
2006 sales
volume: 414
2005 sales volume: 562
2006 total
sales value: $209,695,667.00
2005 total sales value: $272,002,915.00
2006
median sales price: $367,350.00
2005 median sales price: $364,500.00
2006 mortgage
volume: 1,688
2005 mortgage volume: 1,906
2006 total
mortgage value: $471,700,644.00
2005 total mortgage value: $524,975,882.00
2006
median mortgage amount: $210,000.00
2005 median mortgage amount: $205,500.00"
This
information was provided by Barnstable County Register of
Deeds - John F. Meade
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