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VOLUME SEES RISE, VALUE DIPS!
Barnstable County Register of Deeds, John F. Meade, reports that the
volume of real estate sales in
January 2007 was up 4.8% from
January 2006 volume and the total value of sales was down 3.6% from the previous year.
The median individual
property sale value was down 4.7% from the previous year.
There was a 3.2% increase in
the volume of mortgage activity from
January 2006 levels.
Register Meade reports that there were 434 deeds recorded at the Barnstable Registry of Deeds in
Jan
uary 2007 with stated sales values above $50,000.00 representing a stated
value of $202,142,877.00 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
January was $350,000.00.
There were 1,742 mortgages recorded with
values above $50,000.00 in
Jan
uary with a total value of $529,490,678.00.
The median
mortgage amount, commercial, residential or other, was $230,000.00.
By way of comparison, in
Jan
uary 2006, there were 414
deeds recorded at the Registry of Deeds with stated sales
values above $50,000.00, representing a total value of $209,695,667.00
in county-wide real estate sales.
The median
sales price, based on all property sales values above $50,000.00 was $367,350.00.
There were 1,688
mortgages recorded in
Jan
uary 2006 with values above $50,000.00with a total value of $471,700,644.00.
The median
mortgage amount, commercial, residential or other, was $210,000.00.
REAL
ESTATE ACTIVITY THROUGH JANUARY 2007 AS
COMPARED TO THE SAME PERIOD IN 2006.
All figures are based on sales or mortgages ABOVE
$50,000.00.
2007 sales volume: 434
2006 sales volume: 414
2007 total sales value:
$202,142,877.00
2006 total sales value: $209,695,667.00
2007 median
sales price: 350,000.00
2006 median sales
price: $367,350.00
2007 mortgage volume: 1,742
2006 mortgage volume: 1,688
2007 total mortgage value:
$529,490,678.00
2006 total mortgage value: $471,700,644.00
2007 median
mortgage amount: $230,000.00
2006 median mortgage
amount: $210,000.00
TRAILING
TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y
Value %
Differential/prior month
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%
Jan 2007:
$350,000.00
0 %
John F. Meade
Barnstable Register of Deeds
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