BARNSTABLE COUNTY REAL ESTATE ACTIVITY REPORT FOR SEPTAMBER 2007
10/1/2007

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.

There were 1,639 mortgages recorded with values above $50,000.00 in September with a total value of $484,776,717.00. The median mortgage amount, commercial, residential or other, was $224,000.00.