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June 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JUNE 2018

 SALES VOLUME FALLS & VALUE CONTINUES TO RISE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2018 was down 7.6% from June 2017 volume and the total value of sales was down 1.2% from the previous year.  The median individual property sale value was up 6.9% from the previous year.  There was an 8.3% decrease in the volume of mortgage activity from June 2017 levels.

Year to Date: Volume of Sales is down 4.5%; Total Value of Sales is down 0.7%; Individual Sales Value is up 5%; Mortgage Volume is down 7.1%.

Register Meade reports that there were 832 deeds recorded at the Barnstable Registry of Deeds in June 2018 with stated sales values above $50,000.00 representing a stated value of $415,044,143.00 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 June 2018 was $385,000.00.

There were 1,121 mortgages recorded with values above $50,000.00 in June 2018 with a total value of $383,819,142.00.  The median mortgage amount, commercial, residential or other, was $275,000.00.

By way of comparison, there were 900 deeds recorded at the Barnstable Registry of Deeds in June 2017 with stated sales values above $50,000.00 representing a stated value of $419,910,461.00 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 June 2017 was $360,000.00.

There were 1,222 mortgages recorded with values above $50,000.00 in June 2017 with a total value of $471,629,692.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH JUNE 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 3,630

2017 sales volume: 3,802

 

2018 total sales value: $1,796,091,170.00

2017 total sales value: $1,808,444,534.00

 

2018 median sales price: $367,500.00

2017 median sales price: $350,000.00

 

2018 mortgage volume: 5,947

2017 mortgage volume: 6,401

 

2018 total mortgage value:  $2,148,862,136.00

2017 total mortgage value:  $2,328,234,765.00

 

2018 median mortgage amount:  $262,626.00

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

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%

May           2018:      $375,000.00                                  +1.4%

June           2018:      $385,000.00                                  +2.7%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    25                                117                             

2017    19                                131     

Chg.    +32%                          -10.7%