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Barnstable County Register of Deeds, John F. Meade,
reports that the volume of real estate sales in
May 2007 was up 13.8% from May 2006
volume and the total value of sales was up 22.7%
from the previous year. The median
individual property sale value was down 11% from
the previous year. There was a 13.5% decrease in
the volume of mortgage activity from May 2006
levels.
Year
to Date: Volume of Sales is up 3.1%; Total Value of
Sales is up 1.6%; Individual Sales Value is down
6.6%; Mortgage Volume is down 8.9%.
Register
Meade reports that there were 702 deeds
recorded at the Barnstable Registry of Deeds in
May 2007 with stated sales values above
$50,000.00 representing a stated value of
$421,945,905.00 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 May was $325,000.00.
There
were 1,893 mortgages recorded with values
above $50,000.00 in May with a total value of
$2,108,423,564.00. The median
mortgage amount, commercial, residential or other,
was $250,000.00.
By way
of comparison, there were 617 deeds recorded
at the Barnstable Registry of Deeds in May
2006 with stated sales values above $50,000.00
representing a stated value of $343,792,871.00
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 May was $365,000.00.
There were 2,189 mortgages
recorded with values above $50,000.00 in May
with a total value of $644,557,107.00. The
median mortgage amount, commercial,
residential or other, was $210,000.00.
REAL ESTATE ACTIVITY THROUGH MAY 2007 AS COMPARED TO
THE SAME PERIOD IN 2006.
All
figures are based on sales or mortgages ABOVE
$50,000.00.
2007
sales volume: 2,581
2006 sales volume: 2,504
2007
total sales value: $1,311,041,184.50
2006 total sales value: $1,289,843,025.00
2007
median sales price: $341,000.00
2006 median sales price:
$365,000.00
2007
mortgage volume: 8,675
2006 mortgage volume: 9,523
2007
total mortgage value: $4,159,634,063.00
2006 total mortgage value: $3,116,838,135.00
2007
median mortgage amount: $234,000.00
2006 median mortgage amount: $215,000.00
TRAILING
TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2007: $349,000.00 +3%
Apr 2007: $340,000.00 -2.6%
May 2007: $325,000.00 -4.4%
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