July 2017 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JULY 2017

SALES VOLUME & VALUE RISE SLIGHTLY.

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2017 was up 1.7% from July 2016 volume and the total value of sales was down 0.2% from the previous year.  The median individual property sale value was up 4.9% from the previous year.  There was a 4.5% decrease in the volume of mortgage activity from July 2016 levels.

Year to Date: Volume of Sales is up 4.9%; Total Value of Sales is up 7.3%; Individual Sales Value is up 6.1%; Mortgage Volume is down 2.6%.

 Register Meade reports that there were 643 deeds recorded at the Barnstable Registry of Deeds in July 2017 with stated sales values above $50,000.00 representing a stated value of $303,325,260.00 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 July 2017 was $355,000.00.

There were 965 mortgages recorded with values above $50,000.00 in July 2017 with a total value of $299,488,075.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

By way of comparison, there were 632 deeds recorded at the Barnstable Registry of Deeds in July 2016 with stated sales values above $50,000.00 representing a stated value of $303,988,367.00 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 July was $338,500.00.

There were 1,010 mortgages recorded with values above $50,000.00 in July with a total value of $317,258,388.00.  The median mortgage amount, commercial, residential or other, was $249,550.00.

 

REAL ESTATE ACTIVITY THROUGH JULY 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

 

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

 

2017 sales volume: 4,445

2016 sales volume: 4,236

 

2017 total sales value: $2,111,769,794.00

2016 total sales value: $1,967,541,056.00

 

2017 median sales price: $350,000.00

2016 median sales price: $330,000.00

 

2017 mortgage volume: 7,366

2016 mortgage volume: 7,565

 

2017 total mortgage value:  $2,627,722,840.00

2016 total mortgage value:  $2,785,511.250.00

 

2017 median mortgage amount:  $250,000.00

2016 median mortgage amount:  $242,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

July          2016:     $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%

May          2017:      $370,000.00                                 +5.7%

June          2017:      $360,000.00                                  -2.7%

July          2017:       $355,000.00                                  -1.4%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    22                                153                             

2016    14                                141     

Chg.    +57.1%                       +3.7%