JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF DECEMBER 2013
VOLUME & VALUE DROP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2013 was down 26.9% from December 2012 volume and the total value of sales was down 46.4% from the previous year. The median individual property sale value was down 10.2% from the previous year. There was a 48.7% decrease in the volume of mortgage activity from December 2012 levels.
Year
to Date: Volume of Sales is down 4.5%; Total Value of Sales is down
5.7%; Individual Sales Value is up 5%; Mortgage Volume is down 17.5%.
Register Meade reports that there were 523 deeds recorded at the Barnstable Registry of Deeds in December 2013 with stated sales values above $50,000.00 representing a stated value of $230,348,880.00 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 December was $300,000.00.
There were 967 mortgages recorded with values above $50,000.00 in December with a total value of $370,380,179.00. The median mortgage amount, commercial, residential or other, was $236,000.00.
By way of comparison, there were 715 deeds recorded at the Barnstable Registry of Deeds in December 2012 with stated sales values above $50,000.00 representing a stated value of $429,576,008.00 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 December was $334,000.00.
There were 1,884 mortgages recorded with values above $50,000.00 in December with a total value of $634,028,900.00. The median mortgage amount, commercial, residential or other, was $240,000.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2013
AS COMPARED TO THE SAME PERIOD IN 2012.
All figures are based on sales or mortgages ABOVE $50,000.00.
2013 sales volume: 6,660
2012 sales volume: 6,977
2013 total sales value: $2,939,337,043.00
2012 total sales value: $3,118,098,649.00
2013 median sales price: $315,000.00
2012 median sales price: $300,000.00
2013 mortgage volume: 15,989
2012 mortgage volume: 19,381
2013 total mortgage value: $4,908,086,238.00
2012 total mortgage value: $6,143,202,509.00
2013 median mortgage amount: $227,130.00
2012 median mortgage amount: $231,260.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Dec 2012: $334,000.00 +6.0%
Jan 2013: $280,000.00 -16.2 %
Feb 2013: $300,000.00 +7.1 %
Mar 2013: $305,000.00 +1.7%
Apr 2013: $290,000.00 -4.9%
May 2013: $320,000.00 +10.3%
June 2013: $320,000.00 0.0%
July 2013: $325,000.00 +1.6%
Aug 2013: $318,000.00 -2.2%
Sep 2013: $330,426.00 +3.9%
Oct 2013: $320,950.00 -2.9%
Nov 2013: $317,250.00 -1.1%
Dec 2013: $300,000.00 -5.4%
FORECLOSURE DEEDS
MONTH YTD
2013 10 171
2012 15 392
Chg. -33.3% -56.4%
from http://www.barnstabledeeds.org/viewnews.php?id=114