REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF JANUARY 2007

 

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 200
6.

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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