(508) 362-7733 info@barnstabledeeds.org

Registry Recording Statistics April 2017

 

JOHN F. MEADE, REGISTER OF DEEDS

 

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 

FOR THE MONTH OF APRIL 2017

 

SALES VOLUME DIPS & VALUE RISES!

 

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.

 

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%.

 

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%