June 2020 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JUNE 2020

SALES VOLUME CONTINUES SLIDE, MORTGAGE VOLUME SPIKES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2020 was down 9.5% from June 2019 volume and the total value of sales was down 3.7% from the previous year.  The median individual property sale value was up 3.4% from the previous year.  There was a 57% increase in the volume of mortgage activity from June 2019 levels.

Year to Date: Volume of Sales is down 14.2%; Total Value of Sales is down 11.5%; Individual Sales Value is up 5%; Mortgage Volume is up 46.5%.

Register Meade reports that there were 684 deeds recorded at the Barnstable Registry of Deeds in June 2020 with stated sales values above $50,000.00 representing a stated value of $402,122,103.00 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 2020 was $420,000.00.

There were 1,698 mortgages recorded with values above $50,000.00 in June 2020 with a total value of $742,018,647.00.  The median mortgage amount, commercial, residential or other, was $295,600.00.

By way of comparison, 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.

REAL ESTATE ACTIVITY THROUGH JUNE 2020

AS COMPARED TO THE SAME PERIOD IN 2019.

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

2020 sales volume: 3,065

2019 sales volume: 3,573

2020 total sales value: $1,672,476,273.00

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

2020 median sales price: $399,000.00

2019 median sales price: $379,900.00

2020 mortgage volume: 8,310

2019 mortgage volume: 5,674

2020 total mortgage value:  $3,179,833,625.00

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

2019 median mortgage amount: $293,000.00

2020 median mortgage amount: $272,864.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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%

Mar            2020:      $406,000.00                                   +8.3%

Apr             2020:      $400,500.00                                   -1.4%

May            2020:      $399,000.00                                   -0.4%

June            2020:      $420,000.00                                   +5.3%

FORECLOSURE DEEDS

MONTH                     YTD              

2020    7                                  63

2019    13                                72       

Chg.    -46.2%                        -12.5%