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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
September 2007 was down 9.3% from September
2006 volume and the total value of sales was up
0.6% from the previous year. The median
individual property sale value was up 7.6% from
the previous year. There was a 26.8% decrease in
the volume of mortgage activity from September 2006
levels.
Year
to Date: Volume of Sales is up 0.8%; Total Value of
Sales is down 5.3%; Individual Sales Value is down
5.9%; Mortgage Volume is down 13.5%.
Register
Meade reports that there were 489 deeds
recorded at the Barnstable Registry of Deeds in
September 2007 with stated sales values above
$50,000.00 representing a stated value of
$265,615,380.00 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 September was $387,500.00.
There
were 1,200 mortgages recorded with values
above $50,000.00 in September with a total
value of $379,604,778.00. The median
mortgage amount, commercial, residential or other,
was $225,000.00.
By way
of comparison, there were 539 deeds recorded
at the Barnstable Registry of Deeds in September
2006 with stated sales values above $50,000.00
representing a stated value of $264,018,479.00
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 September was $360,000.00.
There were 1,639 mortgages
recorded with values above $50,000.00 in
September with a total value of
$484,776,717.00. The median
mortgage amount, commercial, residential or other,
was $224,000.00.
REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2007 AS
COMPARED TO THE SAME PERIOD IN 2006.
All
figures are based on sales or mortgages ABOVE
$50,000.00.
2007
sales volume: 4,848
2006 sales volume: 4,809
2007
total sales value: $2,566,263,997.00
2006 total sales value: $2,709,277,196.00
2007
median sales price: $347,250.00
2006 median sales price:
$369,000.00
2007
mortgage volume: 14,505
2006 mortgage volume: 16,763
2007
total mortgage value: $6,661,895,071.00
2006 total mortgage value: $6,892,623,897.00
2007 median mortgage amount: $228,000.00
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
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%
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% |
