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BARNSTABLE COUNTY REAL ESTATE ACTIVITY REPORT FOR MARCH 2006
4/3/2006
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.
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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%
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