Here is the latest info on Cape Cod Real Estate... looks like things are really on the move! If you are thinking of Building a New Home, Remodeling or Renovating, please contact REEF Realty today at CAPECODBUILDER.COM
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JULY 2012
SALES VOLUME JUMPS, MEDIAN VALUE FLAT!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2012 was up 33.8% from July 2011 volume and the total value of sales was up 46.9% from the previous year. The median individual property sale value was down 0.2% from the previous year. There was a 78.4% increase in the volume of mortgage activity from July 2011 levels.
Year to Date: Volume of Sales is up 23.6%; Total Value of Sales is up 30.9%; Individual Sales Value is up 3.8%; Mortgage Volume is up 38%.
Register Meade reports that there were 605 deeds recorded at the Barnstable Registry of Deeds in July 2012 with stated sales values above $50,000.00 representing a stated value of $259,374,719.00 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 July was $284,000.00.
There were 1,604 mortgages recorded with values above $50,000.00 in July with a total value of $448,358,950.00. The median mortgage amount, commercial, residential or other, was $222,300.00.
By way of comparison there were 452 deeds recorded at the Barnstable Registry of Deeds in July 2011 with stated sales values above $50,000.00 representing a stated value of $176,602,644.00 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 July was $284,500.00.
There were 899 mortgages recorded with values above $50,000.00 in July with a total value of $246,965,561.00. The median mortgage amount, commercial, residential or other, was $221,791.00.
