SALES VOLUME UP, VALUE DOWN!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2007 was up 3.6% from April 2006 volume and the total value of sales was down 3.7% from the previous year.  The median individual property sale value was down 8.1% from the previous year.  There was a 4.4% decrease in the volume of mortgage activity from April 2006 levels.  

Year to Date: Volume of Sales is down 0.4%; Total Value of Sales is down 6%; Individual Sales Value is down 5.5%; Mortgage Volume is down 7.5%.  

Register Meade reports that there were 540 deeds recorded at the Barnstable Registry of Deeds in April 2007 with stated sales values above $50,000.00 representing a stated value of $247,687,786.00 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 April was $340,000.00.  

There were 1,792 mortgages recorded with values above $50,000.00 in April with a total value of $511,782,229.00.  The median mortgage amount, commercial, residential or other, was $224,500.00.  

By way of comparison, there were 521 deeds recorded at the Barnstable Registry of Deeds in April 2006 with stated sales values above $50,000.00 representing a stated value of $257,286,928.00 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 April was $370,000.00.  

There were 1,874 mortgages recorded with values above $50,000.00 in April with a total value of $538,822,775.00.  The median mortgage amount, commercial, residential or other, was $210,000.00.

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

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

2007 sales volume: 1,879
2006 sales volume: 1,887  

2007 total sales value:  $889,095,279.00
2006 total sales value:  $946,050,154.00  

2007 median sales price: $345,000.00
2006 median sales price: $365,000.00  

2007 mortgage volume: 6,792
2006 mortgage volume: 7,334  

2007 total mortgage value:  $2,051,210,499.00
2006 total mortgage value:  $2,472,281,028.00  

2007 median mortgage amount:  $230,000.00 
2006 median mortgage amount:  $216,000.00

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

M/Y           Value     % Differential/prior month

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% 
Mar  2007:   $349,000.00       +3%
Apr  2007:   $340,000.00       -2.6%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds