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November 2017 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF NOVEMBER 2017

 

SALES VOLUME & VALUE DOWN SLIGHTLY!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2017 was down 0.8% from November 2016 volume and the total value of sales was up 3.9% from the previous year.  The median individual property sale value was down 1.4% from the previous year.  There was a 17.7% decrease in the volume of mortgage activity from November 2016 levels.

Year to Date: Volume of Sales is up 2.8%; Total Value of Sales is up 4.6%; Individual Sales Value is up 2.9%; Mortgage Volume is down 8.5%.

 Register Meade reports that there were 656 deeds recorded at the Barnstable Registry of Deeds in November 2017 with stated sales values above $50,000.00 representing a stated value of $327,158,274.00 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 November 2017 was $355,000.00.

There were 1,088 mortgages recorded with values above $50,000.00 in November 2017 with a total value of $384,997,303.00.  The median mortgage amount, commercial, residential or other, was $255,529.00.

By way of comparison, there were 661 deeds recorded at the Barnstable Registry of Deeds in November 2016 with stated sales values above $50,000.00 representing a stated value of $314,861,364.00 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 November was $360,000.00.

There were 1,322 mortgages recorded with values above $50,000.00 in November with a total value of $541,597,556.00.  The median mortgage amount, commercial, residential or other, was $265,109.00.

 

REAL ESTATE ACTIVITY THROUGH NOVEMBER 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

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

2017 sales volume: 7,210

2016 sales volume: 7,014

2017 total sales value: $3,465,235,077.00

2016 total sales value: $3,313,517,056.00

 2017 median sales price: $350,000.00

2016 median sales price: $340,000.00

2017 mortgage volume: 11,584

2016 mortgage volume: 12,667

2017 total mortgage value:  $4,169,545,409.00

2016 total mortgage value:  $4,653,331,102.00

2017 median mortgage amount:  $250,000.00

2016 median mortgage amount:  $249,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    14                                227                             

2016    18                                246     

Chg.    -22.2%                        -7.7%