Barnstable County
Register of Deeds, John F. Meade, reports that the
volume of real estate sales in February 2007 was down 10.3%
from
February
2006 volume and the
total value of sales was down 17.5%
from the previous year.
The
median
individual property sale value was down 8.9%
from the previous year.
There was a 10.5% decrease in the
volume of mortgage activity from February 2006 levels.
Year to Date: Volume of Sales is down
2.6%; Total Value of Sales is down 10.5%; Individual Sales
Value is down 5.4%; Mortgage Volume is down 3.6%.
Register Meade
reports that there were
364
deeds recorded at the Barnstable Registry of Deeds in
February
2007 with stated sales values above $50,000.00 representing
a stated value of
$202,142,877.00 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
February
was $338,750.00.
There were
1,488
mortgages recorded with values above $50,000.00 in
February
with a total value of
$469,092,155.00.
The
median
mortgage amount, commercial, residential or other, was
$232,250.00.
By way of
comparison, in
February
2006, there were
405
deeds recorded at the
Registry of Deeds with stated sales values above $50,000.00,
representing a total value of
$207,640,577.00
in county-wide real estate sales.
The
median
sales price, based on all property sales values above
$50,000.00 was
$372,000.00.
There were
1,662
mortgages recorded in
February
2006 with values above $50,000.00with a total value of
$721,547,100.00.
The
median
mortgage amount, commercial, residential or other, was
$216,800.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2007 AS COMPARED TO
THE SAME PERIOD IN 2006.
All figures are
based on sales or mortgages
ABOVE $50,000.00.
2007 sales volume:
798
2006 sales volume:
819
2007 total sales
value:
$373,374,153.00
2006 total sales value:
$417,336,244.00
2007
median
sales price:
$350,000.00
2006
median
sales price:
$370,000.00
2007 mortgage
volume:
3,230
2006 mortgage volume:
3,350
2007 total mortgage
value:
$998,582,833.00
2006 total mortgage value:
$1,193,247,744.00
2007
median
mortgage amount:
$230,700.00
2006
median
mortgage amount:
$213,300.00
TRAILING TWELVE MONTHS
MEDIAN
SALES VALUE:
(Sales values above $50,000.00)
M/Y
Value
% Differential/prior month
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%
Jan
2007:
$350,000.00
0%
Feb 2007:
$338,750.00
-3.2%
