February 2020 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF FEBRUARY 2020

SALES VOLUME DIPS AND VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2020 was down 9.1% from February 2019 volume and the total value of sales was down 2.4% from the previous year.  The median individual property sale value was up 6.2% from the previous year.  There was a 45.8% increase in the volume of mortgage activity from February 2019 levels.

Year to Date: Volume of Sales is up 5.1%; Total Value of Sales is up 0.04%; Individual Sales Value is up 6.5%; Mortgage Volume is up 53%.

Register Meade reports that there were 361 deeds recorded at the Barnstable Registry of Deeds in February 2020 with stated sales values above $50,000.00 representing a stated value of $200,527,931.00 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 2020 was $375,000.00.

There were 1,022 mortgages recorded with values above $50,000.00 in February 2019 with a total value of $367,624,776.00.  The median mortgage amount, commercial, residential or other, was $284,350.00.

By way of comparison, 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.

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2020

AS COMPARED TO THE SAME PERIOD IN 2019.

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

2020 sales volume: 902

2019 sales volume: 858

2020 total sales value: $470,066,156.00

2019 total sales value: $469,855,661.00

2020 median sales price: $375,000.00

2019 median sales price: $352,250.00

2020 mortgage volume: 2,259

2019 mortgage volume: 1,481

2020 total mortgage value:  $794,062,380.00

2019 total mortgage value:  $528,828,348.00

2019 median mortgage amount: $284,900.00

2020 median mortgage amount: $257,000.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

Feb             2019:      $353,000.00                                   +0.6%

Mar            2019:      $370,000.00                                   +4.8%

Apr            2019:      $379,000.00                                    +2.4%

May           2019:      $385,000.00                                    +1.6%

June           2019:      $406,000.00                                    +5.5%

July            2019:      $385,000.00                                    -5.2%

Aug            2019:      $399,000.00                                     +3.6%

Sep             2019:      $399,000.00                                      0.0%

Oct             2019:      $385,000.00                                    -3.5%

Nov            2019:      $390,000.00                                    +1.3%

Dec             2019:      $375,000.00                                    -3.8%

Jan             2020:      $375,000.00                                      0%

Feb             2020:      $375,000.00                                     0%

FORECLOSURE DEEDS

MONTH                     YTD              

2020    21                                32

2019    10                                25       

Chg.    +110%                        +28%