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VOLUME AND INDIVIDUAL SALES VALUE SEE SMALL DIP
1/2/2007
Written By John F. Meade - Barnstable Register of Deeds
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2006 was down 3.9% from December 2005 volume and the total value of sales was up 17.6% from the previous year. The median individual property sale value was down 1.8% from the previous year. There was an 11.6% decrease in the volume of mortgage activity from December 2005 levels.
Year to Date: Volume of Sales is down 22.3%; Total Value of Sales is down 11.3%; Individual Sales Value is unchanged; Mortgage Volume is down 17.7%.
Register Meade reports that there were 538 deeds recorded at the Barnstable Registry of Deeds in December 2006 with stated sales values above $50,000.00 representing a stated value of $318,617,238.00 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 December was $350,000.00.
There were 1,883 mortgages recorded with values above $50,000.00 in December with a total value of $581,969,178.00. The median mortgage amount, commercial, residential or other, was $230,750.00.
By way of comparison, in December 2005, there were 560 deeds recorded at the Registry of Deeds with stated sales values above $50,000.00, representing a total value of $271,047,547.00 in county-wide real estate sales. The median sales price, based on all property sales values above $50,000.00 was $356,550.00.
There were 2,131 mortgages recorded in December 2005 with values above $50,000.00with a total value of $644,325,267.00. The median mortgage amount, commercial, residential or other, was $200,000.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2006 AS COMPARED TO THE SAME PERIOD IN 2005.
All figures are based on sales or mortgages ABOVE $50,000.00.
2006 sales volume: 6,368 2005 sales volume: 8,219
2006 total sales value: $3,558,436,159.00 2005 total sales value: $4,012,116,164.00
2006 median sales price: $365,000.00 2005 median sales price: $365,000.00
2006 mortgage volume: 22,239 2005 mortgage volume: 27,045
2006 total mortgage value: $7,172,727,342.00 2005 total mortgage value: $8,398,701,055.00
2006 median mortgage amount: $220,000.00 2005 median mortgage amount: $216,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE: (Sales values above $50,000.00)
M/Y Value % Differential/prior month
Dec 2005: $356,550.00 -3.4% Jan 2006: $367,350.00 +3.0% 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%
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