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SALES VOLUME DIPS & VALUE RISES!

Year to Date: Volume of Sales is up 3.5%; Total Value of Sales is up 4.5%; Individual Sales Value is up 7.6%; Mortgage Volume is down 1.9%.

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF APRIL 2017

 Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2017 was down 6.7% from April 2016 volume and the total value of sales was down 2.3% from the previous year.  The median individual property sale value was up 4.2% from the previous year.  There was a 10.6% decrease in the volume of mortgage activity from April 2016 levels.

Register Meade reports that there were 614 deeds recorded at the Barnstable Registry of Deeds in April 2017 with stated sales values above $50,000.00 representing a stated value of $292,164,138.00 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 2017 was $350,000.00.

 

There were 991 mortgages recorded with values above $50,000.00 in April 2017 with a total value of $372,787,446.00.  The median mortgage amount, commercial, residential or other, was $248,500.00.

By way of comparison, there were 658 deeds recorded at the Barnstable Registry of Deeds in April 2016 with stated sales values above $50,000.00 representing a stated value of $298,979,237.00 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 $336,042.00.

There were 1,108 mortgages recorded with values above $50,000.00 in April with a total value of $391,871,713.00.  The median mortgage amount, commercial, residential or other, was $247,710.00.

REAL ESTATE ACTIVITY THROUGH APRIL 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

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

 

2017 sales volume: 2,141

2016 sales volume: 2,069

 

2017 total sales value: $992,999,597.00

2016 total sales value: $950,547,436.00

 

2017 median sales price: $340,000.00

2016 median sales price: $316,000.00

 

2017 mortgage volume: 3,979

2016 mortgage volume: 4,056

 

2017 total mortgage value:  $1,441,526,722.00

2016 total mortgage value:  $1,395,220.582.00

 

2017 median mortgage amount:  $250,000.00

2016 median mortgage amount:  $234,791.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Apr           2016:     $336,042.00                               +12.0%

May          2016:     $340,000.00                               +1.2%

June          2016:     $350,000.00                               +2.9%

July          2015:      $338,500.00                               -3.3%

Aug          2016:      $334,025.00                                -1.3%

Sep           2016:      $350,000.00                                +4.8%

Oct           2016:      $360,000.00                                +2.9%

Nov          2016:      $360,000.00                                    0%

Dec           2016:      $350,000.00                                 -2.8%

Jan           2017:      $340,000.00                                -2.9%

Feb           2017:      $335,000.00                                 -1.5%

Mar          2017:      $330,000.00                                 -1.5%

Apr           2017:      $350,000.00                                 +6.0%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    19                    93                               

2016    25                    97       

Chg.    -24%             -4.1%

 

 

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Posted in: Registry of Deeds

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