Barnstable
County Register of Deeds, John F. Meade, reports that
the
volume of real estate sales in September 2006 was down
30.3% from
September
2005 volume and the
total value of sales was down
32.7% from the previous
year.
The
median
individual property sale value was down 2.4%
from the previous year.
There was a 26.2% decrease in the
volume of mortgage activity from September 2005 levels.
Year to Date: Volume of Sales is
down 24%; Total Value of Sales is down 11.4%; Individual
Sales Value is up 1.1%; Mortgage Volume is down 17.9%.
Register
Meade reports that 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.
By way of
comparison, in
September
2005, there were
773
deeds recorded at the Registry of Deeds with stated
sales values above $50,000.00, representing a total
value of $392,302,339.00
in county-wide real estate
sales.
The
median
sales price, based on all property sales values above
$50,000.00 was
$369,000.00.
There were
2,221
mortgages recorded in
September
2005 with values above $50,000.00with a total value of
$689,846,935.00.
The
median
mortgage amount, commercial, residential or other, was
$225,000.00.
REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2006 AS COMPARED
TO THE SAME PERIOD IN 2005.
All figures
are based on sales or mortgages
ABOVE $50,000.00.
2006 sales
volume:
4,809
2005
sales volume: 6,332
2006 total
sales value:
$2,709,277,196.00
2005
total sales value:
$3,057,413,511.00
2006
median
sales price:
$369,000.00
2005
median
sales price:
$365,000.00
2006 mortgage
volume:
16,763
2005
mortgage volume:
20,423
2006 total
mortgage value:
$5,495,123,897.00
2005
total mortgage value:
$6,436,995,465.00
2006
median
mortgage amount:
$215,000.00
2005
median
mortgage amount:
$215,000.00