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Cape Cod Real Estate Activity through July 2012

By
Real Estate Broker/Owner with The Destination Realty Group - William Raveis

CAPE COD REAL ESTATE ACTIVITY THROUGH JULY 2012

AS COMPARED TO THE SAME PERIOD IN 2011 according to the Barnstable County Registry of Deeds

 All figures are based on sales or mortgages ABOVE $50,000.00.

2012 sales volume: 3,865

2011 sales volume: 3,126

 

2012 total sales value:  $1,623,834,281.00

2011 total sales value:  $1,240,470,844.00

 

2012 median sales price: $295,000.00

2011 median sales price: $284,110.00

 

2012 mortgage volume: 10,714

2011 mortgage volume: 7,764

 

2012 total mortgage value:  $3,368,168,024.00

2011 total mortgage value:  $2,606,751,343.00

 

2012 median mortgage amount:  $227,435.00

2011 median mortgage amount:  $214,350.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

 

July       2011:     $284,500.00                                +3.5%   
Aug        2011:     $277,000.00                                -2.6%

Sep        2011:     $302,000.00                                +9.0%

Oct        2011:     $300,000.00                                -0.7%
Nov        2011:     $294,000.00                                -2.0%

Dec        2011:     $300,000.00                                +2.0%

Jan        2012:     $288,700.00                                -3.8 %

Feb        2012:     $251,500.00                                -12.9 %

Mar        2012:     $280,000.00                                +11.3%

Apr        2012:     $302,650.00                                +8.1 %

May        2012:     $300,000.00                                -0.9%

June       2012:     $310,000.00                                +3.3%

July       2012:     $284,000.00                                -8.4%
 

FORECLOSURE DEEDS

           MONTH                     YTD              

2012    43                                267                                                                                                     

2011    47                                278

Chg.    -8.5%                          -4%

Watch this short You Tube video for further insight:

 

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Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Appreciated your stats report...my area is a secondary home/discretionary region...appreciate hearing from your kind of area, as I find you foretell my market patterns by about 6 to 8 months.

Aug 04, 2012 02:06 AM