VOLUME CONTINUES SLIDE, VALUE FLAT!

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

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)

M/Y           Value     % Differential/prior month

Sept 2005:   $369,000.00          -1.6%
Oct  2005:   $367,000.00          -0.5% 
Nov  2005:   $369,100.00          +1.1% 
Dec  2005:   $356,550.00          -3.4%
Jan  2006:   $367,350.00          +3.0% 
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%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds