Cape Cod real estate market statistics for December 2006
Barnstable County Register of
Deeds, John F. Meade, reports that the
volume of real estate sales in December 2006 was down
3.9% from
December
2005 volume and the
total value of sales was up 17.6%
from the previous year.
The
median
individual property sale value was down 1.8%
from the previous year.
There was an 11.6% decrease in the
volume of mortgage activity from December 2005 levels.
Year to Date:
Volume of Sales is down 22.3%; Total Value of Sales is
down 11.3%; Individual Sales Value is unchanged;
Mortgage Volume is down 17.7%.
Register Meade reports that there
were
538
deeds recorded at the Barnstable Registry of Deeds in
December
2006 with stated sales values
above $50,000.00 representing a stated value of
$318,617,238.00
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 $350,000.00.
There were
1,883
mortgages
recorded with values above $50,000.00 in
December
with a total value of
$581,969,178.00.
The
median
mortgage amount, commercial, residential or other, was
$230,750.00.
By way of comparison, in
December
2005, there were 560
deeds recorded at the
Registry of Deeds with stated sales values above
$50,000.00, representing a total value of
$271,047,547.00
in county-wide real estate sales.
The
median
sales price, based on all property sales values above
$50,000.00 was
$356,550.00.
There
were 2,131
mortgages
recorded in
December
2005 with values above
$50,000.00with a total value of
$644,325,267.00.
The
median
mortgage amount, commercial, residential or other, was
$200,000.00.
REAL ESTATE ACTIVITY THROUGH
DECEMBER 2006 AS COMPARED TO THE SAME PERIOD IN 2005.
All figures are
based on sales or mortgages
ABOVE $50,000.00.
2006 sales
volume:
6,368
2005
sales volume: 8,219
2006 total
sales value:
$3,558,436,159.00
2005
total sales value:
$4,012,116,164.00
2006
median
sales price:
$365,000.00
2005
median
sales price:
$365,000.00
2006 mortgage
volume:
22,239
2005 mortgage volume:
27,045
2006 total
mortgage value:
$7,172,727,342.00
2005
total mortgage value:
$8,398,701,055.00
2006
median
mortgage amount:
$220,000.00
2005
median
mortgage amount:
$216,000.00
TWELVE MONTHS
MEDIAN
SALES VALUE (above $50,000.00):
M/Y
Value
% Differential/prior month
Dec
2005:
$356,550.00
-3.4%
Jan
2006:
$367,350.00
+3.0%
Feb
2006:
$370,000.00
+0.7%
Mar
2006:
$354,900.00
-4.1%
Apr
2006:
$370,000.00
+4.3%
May
2006:
$365,000.00
-1.4%
June
2006:
$390,000.00
+6.9%
July
2006:
$365,000.00
-6.4%
Aug
2006:
$350,000.00
-4.1%
Sep
2006:
$360,000.00
+2.9%
Oct
2006:
$373,500.00
+3.8%
Nov
2006:
$355,000.00
-4.8%
Dec
2006:
$350,000.00
-1.4%
This
information was provided by John F. Meade the Barnstable
County Register of Deeds
