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Registry Recording Statistics May 2016

Registry Recording Statistics May 2016

JOHN F. MEADE, REGISTER OF DEEDS REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF MAY 2016 SALES VOLUME & VALUE RISE! Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2016 was up 5.9% from May 2015 volume and the total value of sales was up 11.3% from the previous year. The median individual property sale value was up 6.3% from the previous year. There was a 0.4% increase in the volume of mortgage activity from May 2015 levels. Year to Date: Volume of Sales is up 22.8%; Total Value of Sales is up 19.9%; Individual Sales Value is unchanged; Mortgage Volume is up 4.5%. Register Meade reports that there were 699 deeds recorded at the Barnstable Registry of Deeds in May 2016 with stated sales values above $50,000.00 representing a stated value of $312,074,551.00 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 May was $340,000.00. There were 1,164 mortgages recorded with values above $50,000.00 in May with a total value of $594,815,231.00. The median mortgage amount, commercial, residential or other, was $247,500.00. By way of comparison, there were 660 deeds recorded at the Barnstable Registry of Deeds in May 2015 with stated sales values above $50,000.00 representing a stated value of $280,345,435.00 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 May was $320,000.00. There were 1,159 mortgages recorded with values above $50,000.00 in May with a...
County Deeds Excise Tax Increase Effective July 1, 2016

County Deeds Excise Tax Increase Effective July 1, 2016

Barnstable County Excise Tax Advisory Effective July 1, 2016 Per Ordinance 16-05 of the Barnstable County Assembly of Delegates effective July 1, 2016 the Excise Tax rate for the Barnstable County share of the Excise assessment will increase to $3.06 per $1,000.00 of stated consideration from the prior $2.70 per $1,000.00 of stated consideration. The net effect of this increase is that the total combined State and County Excise Tax rate in Barnstable County will be $6.48 per $1000.00 of stated consideration or $3.24 per $500.00. In Barnstable County as of July 1, 2016 the Excise Tax Rate will be: $3.06 per $1,000.00 – Barnstable County Excise $3.42 per $1,000.00 — State Excise $6.48 per $1,000.00 – Total Excise Due To calculate the tax, multiply the stated consideration for the deed by .00648. If the stated consideration does not end in an even $500.00 or $1,000.00 round the consideration up to the next $500.00 and then calculate the tax....
Registry Recording Statistics April 2016

Registry Recording Statistics April 2016

JOHN F. MEADE, REGISTER OF DEEDS   REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY   FOR THE MONTH OF APRIL 2016   SALES VOLUME JUMPS & VALUE RISES!   Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2016 was up 45.6% from April 2015 volume and the total value of sales was up 21% from the previous year.  The median individual property sale value was up 4% from the previous year. There was a 2.5% increase in the volume of mortgage activity from April 2015 levels.   Year to Date: Volume of Sales is up 28.4%; Total Value of Sales is up 20.4%; Individual Sales Value is down 3.3%; Mortgage Volume is up 4.7%.   Register Meade reports that 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.   By way of comparison, there were 452 deeds recorded at the Barnstable Registry of Deeds in April 2015 with stated sales values above $50,000.00 representing a stated value of $247,144,922.00 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 $323,000.00.   There were...