VOLUME AND INDIVIDUAL SALES VALUE SEE SMALL DIP

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2006 was down 3.9% from December 2005 volume and the total value of sales was up 17.6% from the previous year.  The median individual property sale value was down 1.8% from the previous year.  There was an 11.6% decrease in the volume of mortgage activity from December 2005 levels.

Year to Date: Volume of Sales is down 22.3%; Total Value of Sales is down 11.3%; Individual Sales Value is unchanged; Mortgage Volume is down 17.7%.

Register Meade reports that there were 538 deeds recorded at the Barnstable Registry of Deeds in December 2006 with stated sales values above $50,000.00 representing a stated value of $318,617,238.00 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 December was $350,000.00.

There were 1,883 mortgages recorded with values above $50,000.00 in December with a total value of $581,969,178.00.  The median mortgage amount, commercial, residential or other, was $230,750.00.

By way of comparison, in December 2005, there were 560 deeds recorded at the Registry of Deeds with stated sales values above $50,000.00, representing a total value of $271,047,547.00 in county-wide real estate sales.  The median sales price, based on all property sales values above $50,000.00 was $356,550.00.

There were 2,131 mortgages recorded in December 2005 with values above $50,000.00with a total value of $644,325,267.00.  The median mortgage amount, commercial, residential or other, was $200,000.00.

REAL ESTATE ACTIVITY THROUGH DECEMBER 2006 AS COMPARED TO THE SAME PERIOD IN 2005.

All figures are based on sales or mortgages ABOVE $50,000.00. 

2006 sales volume: 6,368
2005 sales volume: 8,219  

2006 total sales value:  $3,558,436,159.00
2005 total sales value:  $4,012,116,164.00  

2006 median sales price: $365,000.00
2005 median sales price: $365,000.00  

2006 mortgage volume: 22,239
2005 mortgage volume: 27,045  

2006 total mortgage value:  $7,172,727,342.00
2005 total mortgage value:  $8,398,701,055.00  

2006 median mortgage amount:  $220,000.00
2005 median mortgage amount:  $216,000.00

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

M/Y           Value     % Differential/prior month

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% 
Oct  2006:  $373,500.00          +3.8%
Nov  2006:  $355,000.00          -4.8% 
Dec  2006:  $350,000.00          -1.4%          

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds