|
SALES VOLUME UP, VALUE DOWN!
5/1/2007
John F. Meade - Barnstable Register of Deeds
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%
|