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The
following report is derived from Barnstable County
Register of Deeds, John F. Meade.
Barnstable County Register of
Deeds, John F. Meade, reports that the volume of
real estate sales in November 2007 was down 0.8%
from November 2006 volume and the
total value of sales was down 0.4% from the
previous year. The median individual
property sale value was down 7% from the
previous year. There was a 23.7% decrease in the
volume of mortgage activity from November 2006
levels.
Year
to Date: Volume of Sales is up 0.6%; Total Value of Sales is
down 4.1%; Individual Sales Value is down 6.1%; Mortgage
Volume is down 15.7%.
Register Meade reports that there were 489 deeds
recorded at the Barnstable Registry of Deeds in November
2007 with stated sales values above $50,000.00 representing
a stated value of $246,209,893.00 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 November was $330,000.00.
There were 1,269 mortgages recorded with
values above $50,000.00 in November with a total
value of $496,664,579.00. The median
mortgage amount, commercial, residential or other, was
$220,000.00.
By way
of comparison, there were 493 deeds recorded at the
Barnstable Registry of Deeds in November 2006 with
stated sales values above $50,000.00 representing a stated
value of $247,105,994.00 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 November was $355,000.00.
There were 1,664 mortgages recorded
with values above $50,000.00 in November with a total
value of $529,057,811.00. The median
mortgage amount, commercial, residential or other, was
$230,000.00.
REAL ESTATE ACTIVITY THROUGH NOVEMBER 2007 AS COMPARED TO
THE SAME PERIOD IN 2006.
2007
sales volume: 5,864
2006 sales volume: 5,830
2007
total sales value: $3,105,707,324.00
2006 total sales value: $3,239,818,921.00
2007
median sales price: $345,000.00
2006 median sales price: $367,500.00
2007
mortgage volume: 17,154
2006 mortgage volume: 20,345
2007
total mortgage value: $7,663,382,500.00
2006 total mortgage value: $7,955,864,933.00
2007
median mortgage amount: $228,000.00
2006 median mortgage amount: $218,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value %
Differential/prior month
Nov 2006:
$355,000.00 -4.8%
Dec 2006: $350,000.00 -1.4%
Jan 2007:
$350,000.00 0%
Feb 2007: $338,750.00 -3.2%
Mar 2007: $349,000.00 +3%
Apr 2007: $340,000.00 -2.6%
May 2007: $325,000.00 -4.4%
June 2007: $338,000.00 +4%
July 2007: $345,500.00 +2.2%
Aug 2007: $355,000.00 +2.8%
Sep 2007: $387,500.00 +9.2%
Oct 2007: $345,000.00 -11%
Nov 2007: $330,000.00 +4.3%
This
information was provided by Barnstable County Register of
Deeds - John F. Meade
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