WINTER CHILL HITS NUMBERS!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2007 was down 10.3% from February 2006 volume and the total value of sales was down 17.5% from the previous year.  The median individual property sale value was down 8.9% from the previous year.  There was a 10.5% decrease in the volume of mortgage activity from February 2006 levels.  

Year to Date: Volume of Sales is down 2.6%; Total Value of Sales is down 10.5%; Individual Sales Value is down 5.4%; Mortgage Volume is down 3.6%.  

Register Meade reports that there were 364 deeds recorded at the Barnstable Registry of Deeds in February 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 February was $338,750.00.

There were 1,488 mortgages recorded with values above $50,000.00 in February with a total value of $469,092,155.00.  The median mortgage amount, commercial, residential or other, was $232,250.00.  

By way of comparison, in February 2006, there were 405 deeds recorded at the Registry of Deeds with stated sales values above $50,000.00, representing a total value of $207,640,577.00 in county-wide real estate sales.  The median sales price, based on all property sales values above $50,000.00 was $372,000.00.  

There were 1,662 mortgages recorded in February 2006 with values above $50,000.00with a total value of $721,547,100.00.  The median mortgage amount, commercial, residential or other, was $216,800.00.  

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2007 AS COMPARED TO THE SAME PERIOD IN 2006.

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

2007 sales volume: 798
2006 sales volume: 819  

2007 total sales value:  $373,374,153.00
2006 total sales value:  $417,336,244.00  

2007 median sales price: $350,000.00
2006 median sales price: $370,000.00  

2007 mortgage volume: 3,230
2006 mortgage volume: 3,350  

2007 total mortgage value:  $998,582,833.00
2006 total mortgage value:  $1,193,247,744.00  

2007 median mortgage amount:  $230,700.00
2006 median mortgage amount:  $213,300.00

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

M/Y           Value     % Differential/prior month

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%
Feb  2007:   $338,750.00           -3.2%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds