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June 2019 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JUNE 2019

SALES VOLUME DIPS & VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2019 was down 9.1% from June 2018 volume and the total value of sales was up 0.6% from the previous year.  The median individual property sale value was up 5.5% from the previous year.  There was a 3.4% decrease in the volume of mortgage activity from June 2018 levels.

Year to Date: Volume of Sales is down 1.6%; Total Value of Sales is up 5.3%; Individual Sales Value is up 3.4%; Mortgage Volume is down 4.6%.

Register Meade reports that there were 756 deeds recorded at the Barnstable Registry of Deeds in June 2019 with stated sales values above $50,000.00 representing a stated value of $417,475,007.00 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 2019 was $406,000.00.

There were 1,083 mortgages recorded with values above $50,000.00 in June 2019 with a total value of $401,928,594.00.  The median mortgage amount, commercial, residential or other, was $285,000.00.

By way of comparison, 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.

REAL ESTATE ACTIVITY THROUGH JUNE 2019

AS COMPARED TO THE SAME PERIOD IN 2018.

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

2019 sales volume: 3,573

2018 sales volume: 3,630

2019 total sales value: $1,890,839,491.00

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

2019 median sales price: $379,900.00

2018 median sales price: $367,500.00

2019 mortgage volume: 5,674

2018 mortgage volume: 5,947

2019 total mortgage value:  $2,093,708,075.00

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

2019 median mortgage amount:  $272,864.00

2018 median mortgage amount:  $262,626.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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             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%

FORECLOSURE DEEDS

MONTH                     YTD              

2019    13                                72

2018    25                                117     

Chg.    -48%                           -38.5%