VOLUME DIPS, VALUE RISES!  

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in September 2007 was down 9.3% from September 2006 volume and the total value of sales was up 0.6% from the previous year.  The median individual property sale value was up 7.6% from the previous year.  There was a 26.8% decrease in the volume of mortgage activity from September 2006 levels.  

Year to Date: Volume of Sales is up 0.8%; Total Value of Sales is down 5.3%; Individual Sales Value is down 5.9%; Mortgage Volume is down 13.5%.  

Register Meade reports that there were 489 deeds recorded at the Barnstable Registry of Deeds in September 2007 with stated sales values above $50,000.00 representing a stated value of $265,615,380.00 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 September was $387,500.00.  

There were 1,200 mortgages recorded with values above $50,000.00 in September with a total value of $379,604,778.00.  The median mortgage amount, commercial, residential or other, was $225,000.00.  

By way of comparison, there were 539 deeds recorded at the Barnstable Registry of Deeds in September 2006 with stated sales values above $50,000.00 representing a stated value of $264,018,479.00 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 September was $360,000.00.  

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

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

2007 sales volume: 4,848
2006 sales volume: 4,809  

2007 total sales value:  $2,566,263,997.00
2006 total sales value:  $2,709,277,196.00  

2007 median sales price: $347,250.00
2006 median sales price: $369,000.00

2007 mortgage volume: 14,505
2006 mortgage volume: 16,763  

2007 total mortgage value:  $6,661,895,071.00
2006 total mortgage value:  $6,892,623,897.00

2007 median mortgage amount:  $228,000.00 
2006 median mortgage amount:  $215,000.00

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

M/Y           Value     % Differential/prior month

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% 
Sep  2007:   $387,500.00     +9.2%

                                                                    John F. Meade
                                                                    Barnstable Register of Deeds