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Registry Recording Statistics November 2016

 

JOHN F. MEADE, REGISTER OF DEEDS

 

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 

FOR THE MONTH OF NOVEMBER 2016

 

SALES VOLUME & VALUE REMAIN STRONG!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2016 was up 16.2% from November 2015 volume and the total value of sales was up 15.8% from the previous year.  The median individual property sale value was up 4.3% from the previous year.  There was a 41.7% increase in the volume of mortgage activity from November 2015 levels.

 

Year to Date: Volume of Sales is up 11.6%; Total Value of Sales is up 14.3%; Individual Sales Value is up 3%; Mortgage Volume is up 12.2%.

 

Register Meade reports that 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.

 

By way of comparison, Register Meade reports that there were 569 deeds recorded at the Barnstable Registry of Deeds in November 2015 with stated sales values above $50,000.00 representing a stated value of $271,882,462.00 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 $345,000.00.

 

There were 933 mortgages recorded with values above $50,000.00 in November with a total value of $337,928,254.00.  The median mortgage amount, commercial, residential or other, was $241,131.00.

 

REAL ESTATE ACTIVITY THROUGH NOVEMBER 2016

AS COMPARED TO THE SAME PERIOD IN 2015.

 

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

 

2016 sales volume: 7,014

2015 sales volume: 6,285

 

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

2015 total sales value: $2,898,975,749.00

 

2016 median sales price: $340,000.00

2015 median sales price: $330,000.00

 

2016 mortgage volume: 12,667

2015 mortgage volume: 11,286

 

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

2015 total mortgage value:  $4,017,532,693

 

2016 median mortgage amount: $249,000.00

2015 median mortgage amount: $247,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Nov          2015:     $345,000.00                                +2.3%

Dec           2015:     $344,000.00                                -0.3%

Jan           2016:     $315,000.00                                 -8.4% 

Feb           2016:     $308,500.00                                -2.1%

Mar          2016:     $300,000.00                                -2.8%

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%

 

FORECLOSURE DEEDS

MONTH                                YTD              

2016    18                                246

2015    16                                138

Chg.    +12.5%                     +78%