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%
