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Barnstable County Register
of Deeds, John F. Meade, reports that the volume of
real estate sales in March 2006 was down 8.7% from
March 2005 volume and the total value of sales was
down 0.5% from the previous year. The median
individual property sale value was up 0.7% from the
previous year. There was a 12.4% decrease in the
volume of mortgage activity from March 2005 levels.
Year to Date: Volume of Sales is down 16%; Total
Value of Sales is down 8.6%; Individual Sales Value is up
2.4%; Mortgage Volume is down 9.9%.
Register Meade reports that
there were 547 deeds recorded at the Barnstable
Registry of Deeds in March 2006 with stated sales
values above $50,000.00 representing a stated value of
$271,426,983.00 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 March was $354,900.00.
There were 2,110
mortgages recorded with values above $50,000.00 in
March with a total value of $740,210,509.00.
The median mortgage amount, commercial,
residential or other, was $225,000.00.
By way of comparison, in March 2005,
there were 599 deeds recorded at the Registry of
Deeds with stated sales values above $50,000.00,
representing a total value of $272,836,174.00 in
county-wide real estate sales.
The median sales price, based on all
property sales values above $50,000.00 was
$352,500.00
REAL ESTATE ACTIVITY THROUGH MARCH 2006 AS COMPARED TO THE
SAME PERIOD IN 2005.
All
figures are based on sales or mortgages ABOVE
$50,000.00.
2006
sales volume: 1,366
2005 sales volume: 1,625
2006
total sales value: $753,922,504.00
2005 total sales value: $688,763,226.00
2006
median sales price: $364,500.00
2005 median sales price: $355,000.00
2006
mortgage volume: 5,460
2005 mortgage volume: 6,057
2006
total mortgage value: $1,993,458,253.00
2005 total mortgage value: $1,613,642,524.00
2006 median mortgage amount:
$219,950.00
2005 median mortgage amount: $210,000.00
TRAILING TWELVE MONTHS MEDIAN SALES
VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2006: $354,900.00 -4.1%
This
information was provided by Barnstable County Register of
Deeds - John F. Meade
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