VOLUME JUMPS, VALUE EDGES UP!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2007 was up 20.9% from August 2006 volume and the total value of sales was up 79.7% (due to several large commercial sales) from the previous year.  The median individual property sale value was up 1.4% from the previous year.  There was a 20.7% decrease in the volume of mortgage activity from August 2006 levels.  

Year to Date: Volume of Sales is up 2.1%; Total Value of Sales is down 5.9%; Individual Sales Value is down 7.4%; Mortgage Volume is down 12%.  

Register Meade reports that there were 591 deeds recorded at the Barnstable Registry of Deeds in August 2007 with stated sales values above $50,000.00 representing a stated value of $423,492,402.00 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 August was $355,000.00.  

There were 1,445 mortgages recorded with values above $50,000.00 in August with a total value of $441,918,145.00.  The median mortgage amount, commercial, residential or other, was $204,000.00.  

By way of comparison, there were 489 deeds recorded at the Barnstable Registry of Deeds in August 2006 with stated sales values above $50,000.00 representing a stated value of $235,690,182.00 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 August was $350,000.00.  

There were 1,823 mortgages recorded with values above $50,000.00 in August with a total value of $551,559,848.00.  The median mortgage amount, commercial, residential or other, was $200,000.00.

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

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

2007 sales volume: 4,359
2006 sales volume: 4,270  

2007 total sales value:  $2,300,648,617.00
2006 total sales value:  $2,445,258,717.00  

2007 median sales price: $342,500.00
2006 median sales price: $370,000.00  

2007 mortgage volume: 13,309
2006 mortgage volume: 15,124  

2007 total mortgage value:  $6,282,290,293.00
2006 total mortgage value:  $6,407,847,181.00  

2007 median mortgage amount:  $228,000.00
2006 median mortgage amount:  $214,503.00

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

M/Y           Value     % Differential/prior month

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% 
May  2007:   $325,000.00        -4.4%
June 2007:   $338,000.00          +4%
July 2007:   $345,500.00        +2.2%
Aug  2007:   $355,000.00        +2.8% 

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds