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Barnstable
County Register of Deeds, John F. Meade, reports that
the
volume of real estate sales in May 2006 was down 21.3%
from
May
2005 volume and the
total value of sales was down 6.6%
from the previous year.
The
median
individual property sale value was down 0.75%
from the previous year.
There was an 8% decrease in the
volume of mortgage activity from May 2005 levels.
Year to Date: Volume of Sales is
down 20.2%; Total Value of Sales is down 13.5%;
Individual Sales Value is up 2%; Mortgage Volume is down
11.5%.
Register Meade reports that there
were
617
deeds recorded at the Barnstable Registry of Deeds in
May
2006 with stated sales values above
$50,000.00 representing a stated value of
$343,792,871.00
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
May
was
$365,000.00.
There
were 2,189
mortgages recorded with values above $50,000.00 in
May
with a total value of
$644,557,107.00.
The
median
mortgage amount, commercial, residential or other, was
$210,000.00.
By way of
comparison, in
May
2005, there were
784
deeds recorded at the Registry of
Deeds with stated sales values above $50,000.00,
representing a total value of
$368,215,278.00
in county-wide real estate sales.
The
median
sales price, based on all property sales values above
$50,000.00 was
$367,750.00.
There were
2,380
mortgages recorded in
May 2005
with values above $50,000.00with a total value of
$1,188,301,100.00.
The
median
mortgage amount, commercial, residential or other, was
$210,000.00.
REAL ESTATE ACTIVITY THROUGH MAY 2006 AS COMPARED TO THE
SAME PERIOD IN 2005.
All figures
are based on sales or mortgages
ABOVE $50,000.00.
2006 sales
volume:
2,504
2005 sales
volume: 3,138
2006 total
sales value:
$1,289,843,025.00
2005 total
sales value:
$1,490,923,173.00
2006
median
sales price:
$365,000.00
2005
median
sales price:
$357,500.00
2006 mortgage
volume:
9,523
2005 mortgage
volume:
10,759
2006 total
mortgage value:
$3,116,838,135.00
2005 total
mortgage value:
$3,443,862,976.00
2006
median
mortgage amount:
$215,000.00
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
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%
Apr
2006:
$370,000.00
+4.3%
May
2006:
$365,000.00
-1.4%
This
information was provided by Barnstable County Register of
Deeds - John F. Meade
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