WINTER CHILL HITS NUMBERS!
3/1/2007
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 February 2007 was down 10.3% from February 2006 volume and the total value of sales was down 17.5% from the previous year. The median individual property sale value was down 8.9% from the previous year. There was a 10.5% decrease in the volume of mortgage activity from February 2006 levels.

Year to Date: Volume of Sales is down 2.6%; Total Value of Sales is down 10.5%; Individual Sales Value is down 5.4%; Mortgage Volume is down 3.6%.

Register Meade reports that there were 364 deeds recorded at the Barnstable Registry of Deeds in February 2007 with stated sales values above $50,000.00 representing a stated value of $202,142,877.00 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 February was $338,750.00.

There were 1,488 mortgages recorded with values above $50,000.00 in February with a total value of $469,092,155.00. The median mortgage amount, commercial, residential or other, was $232,250.00.

By way of comparison, in February 2006, there were 405 deeds recorded at the Registry of Deeds with stated sales values above $50,000.00, representing a total value of $207,640,577.00 in county-wide real estate sales. The median sales price, based on all property sales values above $50,000.00 was $372,000.00.

There were 1,662 mortgages recorded in February 2006 with values above $50,000.00with a total value of $721,547,100.00. The median mortgage amount, commercial, residential or other, was $216,800.00.




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

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

2007 sales volume: 798
2006 sales volume: 819

2007 total sales value: $373,374,153.00
2006 total sales value: $417,336,244.00

2007 median sales price: $350,000.00
2006 median sales price: $370,000.00

2007 mortgage volume: 3,230
2006 mortgage volume: 3,350

2007 total mortgage value: $998,582,833.00
2006 total mortgage value: $1,193,247,744.00

2007 median mortgage amount: $230,700.00
2006 median mortgage amount: $213,300.00



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

M/Y Value % Differential/prior month

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%
Jan 2007: $350,000.00 0%
Feb 2007: $338,750.00 -3.2%