VOLUME, VALUE DIP!
7/2/2007
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 June 2007 was down 10.9% from June 2006 volume and the total value of sales was down 50.2% from the previous year (June 2006 numbers were inflated due to the sale of the Chatham Bars Inn property for over $120 Million). The median individual property sale value was down 13.3% from the previous year. There was a 17.1% decrease in the volume of mortgage activity from June 2006 levels.

Year to Date: Volume of Sales is down 0.15%; Total Value of Sales is down 15.8%; Individual Sales Value is down 8.6%; Mortgage Volume is down 10.4%.

Register Meade reports that there were 669 deeds recorded at the Barnstable Registry of Deeds in June 2007 with stated sales values above $50,000.00 representing a stated value of $325,212,890.00 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 June was $338,000.00.

There were 1,728 mortgages recorded with values above $50,000.00 in June with a total value of $526,298,928.00. The median mortgage amount, commercial, residential or other, was $230,000.00.

By way of comparison, there were 751 deeds recorded at the Barnstable Registry of Deeds in June 2006 with stated sales values above $50,000.00 representing a stated value of $653,549,819.00 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 June was $390,000.00.

There were 2,085 mortgages recorded with values above $50,000.00 in June with a total value of $874,341,351.00. The median mortgage amount, commercial, residential or other, was $230,300.00.


--------------------------------------------------------------------------------


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

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

2007 sales volume: 3,250
2006 sales volume: 3,255

2007 total sales value: $1,636,254,084.00
2006 total sales value: $1,943,392,845.00

2007 median sales price: $340,000.00
2006 median sales price: $372,000.00

2007 mortgage volume: 10,403
2006 mortgage volume: 11,608

2007 total mortgage value: $4,685,932,990.00
2006 total mortgage value: $5,388,679,486.00

2007 median mortgage amount: $233,000.00
2006 median mortgage amount: $218,837.00




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

M/Y Value % Differential/prior month

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%
May 2007: $325,000.00 -4.4%
June 2007: $338,000.00 +4%