April 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF APRIL 2018

SALES VOLUME AND VALUE RISE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2018 was up 1.6% from April 2017 volume and the total value of sales was up 1.3% from the previous year.  The median individual property sale value was up 5.7% from the previous year.  There was a 1.9% increase in the volume of mortgage activity from April 2017 levels.

 

Year to Date: Volume of Sales is down 2.9%; Total Value of Sales is up 2.2%; Individual Sales Value is up 5.8%; Mortgage Volume is down 6.2%.

 

Register Meade reports that there were 624 deeds recorded at the Barnstable Registry of Deeds in April 2018 with stated sales values above $50,000.00 representing a stated value of $295,937,796.00 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 2018 was $370,000.00.

 

There were 1,010 mortgages recorded with values above $50,000.00 in April 2018 with a total value of $341,393,523.00.  The median mortgage amount, commercial, residential or other, was $267,610.00.

 

By way of comparison, 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.

 

REAL ESTATE ACTIVITY THROUGH APRIL 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 2,079

2017 sales volume: 2,141

 

2018 total sales value: $1,014,399,949.00

2017 total sales value: $992,999,597.00

 

2018 median sales price: $359,775.00

2017 median sales price: $340,000.00

 

2018 mortgage volume: 3,732

2017 mortgage volume: 3,979

 

2018 total mortgage value:  $1,371,237,431.00

2017 total mortgage value:  $1,441,526,722.00

 

2018 median mortgage amount:  $258,825.00

2017 median mortgage amount:  $250,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Mar           2018:      $353,000.00                                   -2.9%

Apr            2018:      $370,000.00                                  +4.8%

 

FORECLOSURE DEEDS

MONTH                               YTD              

2018    23                                74                               

2017    19                                93       

Chg.    +21%                          -20.4%