February 2019 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF FEBRUARY 2019 

SALES VOLUME & VALUE DROP!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2019 was down 2.2% from February 2018 volume and the total value of sales was down 5.8% from the previous year.  The median individual property sale value was down 2.9% from the previous year.  There was a 10.7% decrease in the volume of mortgage activity from February 2018 levels.

 

Year to Date: Volume of Sales is down 8%; Total Value of Sales is down 0.5%; Individual Sales Value is up 0.6%; Mortgage Volume is down 16%.

 

Register Meade reports that there were 397 deeds recorded at the Barnstable Registry of Deeds in February 2019 with stated sales values above $50,000.00 representing a stated value of $205,533,450.00 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 2019 was $353,000.00.

 

There were 701 mortgages recorded with values above $50,000.00 in February 2019 with a total value of $259,245,760.00.  The median mortgage amount, commercial, residential or other, was $257,535.00.

 

By way of comparison, 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.

 

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2019

AS COMPARED TO THE SAME PERIOD IN 2018.

 

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

 

2019 sales volume: 858

2018 sales volume: 933

 

2019 total sales value: $469,855,661.00

2018 total sales value: $472,294,038.00

 

2019 median sales price: $352,250.00

2018 median sales price: $350,000.00

 

2019 mortgage volume: 1,481

2018 mortgage volume: 1,763

 

2019 total mortgage value:  $528,828,348.00

2018 total mortgage value:  $639,291,588.00

 

2019 median mortgage amount:  $257,000.00

2018 median mortgage amount:  $255,500.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Feb            2018:      $363,500.00                                  +6.3%

Mar           2018:      $353,000.00                                   -2.9%

Apr            2018:      $370,000.00                                  +4.8%

May           2018:      $375,000.00                                  +1.4%

June           2018:      $385,000.00                                  +2.7%

July            2018:      $375,000.00                                  -2.6%

Aug            2018:      $373,500.00                                   -0.4%

Sep             2018:      $387,000.00                                  +3.6%

Oct             2018:      $406,000.00                                  +4.9%

Nov            2018:      $385,000.00                                    -5.2%

Dec             2018:      $350,000.00                                    -9%

Jan             2019:      $351,000.00                                    +0.3%

Feb             2018:      $353,000.00                                   +0.6%

FORECLOSURE DEEDS

MONTH                     YTD              

2019    10                                25

2018    7                                  29       

Chg.    +42.9%                       -13.8%