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February 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF FEBRUARY 2018

SALES VOLUME & VALUE CONTINUE TO CLIMB!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2018 was up 11.5% from February 2017 volume and the total value of sales was up 18.5% from the previous year.  The median individual property sale value was up 8.5% from the previous year.  There was a 6.8% decrease in the volume of mortgage activity from February 2017 levels.

 

Year to Date: Volume of Sales is up 6.8%; Total Value of Sales is up 15.5%; Individual Sales Value is up 2.9%; Mortgage Volume is down 9.4%.

 

Register Meade reports that there were 406 deeds recorded at the Barnstable Registry of Deeds in February 2018 with stated sales values above $50,000.00 representing a stated value of $218,104,226.00 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 2018 was $363,500.00.

 

There were 785 mortgages recorded with values above $50,000.00 in February 2018 with a total value of $300,840,305.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

By way of comparison, there were 364 deeds recorded at the Barnstable Registry of Deeds in February 2017 with stated sales values above $50,000.00 representing a stated value of $184,051,505.00 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 2017 was $335,000.00.

 

There were 842 mortgages recorded with values above $50,000.00 in February 2017 with a total value of $321,044,826.00.  The median mortgage amount, commercial, residential or other, was $247,500.00.

 

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 933

2017 sales volume: 874

 

2018 total sales value: $472,294,038.00

2017 total sales value: $408,750,391.00

 

2018 median sales price: $350,000.00

2017 median sales price: $340,000.00

 

2018 mortgage volume: 1,763

2017 mortgage volume: 1,946

 

2018 total mortgage value:  $639,291,588.00

2017 total mortgage value:  $684,479,099.00

 

2018 median mortgage amount:  $255,500.00

2017 median mortgage amount:  $247,800.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Feb           2017:      $335,000.00                                 -1.5%

Mar          2017:      $330,000.00                                 -1.5%

Apr           2017:      $350,000.00                                 +6.0%

May          2017:      $370,000.00                                 +5.7%

June          2017:      $360,000.00                                  -2.7%

July          2017:       $355,000.00                                  -1.4%

Aug           2017:      $340,000.00                                   -4.2%

Sep            2017:      $370,000.00                                  +8.8%

Oct            2017:      $370,000.00                                      0%

Nov           2017:      $355,000.00                                     -4%

Dec            2017:      $364,000.00                                  +2.5%

Jan            2018:       $342,000.00                                    -6%

Feb            2018:      $363,500.00                                  +6.3%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    7                                  29                               

2017    15                                41       

Chg.    -53.3%                        -29.3%