March 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF MARCH 2018

SALES VOLUME DROPS, VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2018 was down 20% from March 2017 volume and the total value of sales was down 15.7% from the previous year.  The median individual property sale value was up 7% from the previous year.  There was an 8% decrease in the volume of mortgage activity from March 2017 levels.

Year to Date: Volume of Sales is down 4.7%; Total Value of Sales is up 2.5%; Individual Sales Value is up 4.5%; Mortgage Volume is down 8.9%.

Register Meade reports that there were 522 deeds recorded at the Barnstable Registry of Deeds in March 2018 with stated sales values above $50,000.00 representing a stated value of $246,168,115.00 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 March 2018 was $353,000.00.

There were 959 mortgages recorded with values above $50,000.00 in March 2018 with a total value of $390,552,320.00.  The median mortgage amount, commercial, residential or other, was $252,345.00.

By way of comparison, there were 653 deeds recorded at the Barnstable Registry of Deeds in March 2017 with stated sales values above $50,000.00 representing a stated value of $292,085,068.00 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 March 2017 was $330,000.00.

There were 1,042 mortgages recorded with values above $50,000.00 in March 2017 with a total value of $384,260,177.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH MARCH 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

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

2018 sales volume: 1,455

2017 sales volume: 1,527

2018 total sales value: $718,462,153.00

2017 total sales value: $700,835,459.00

2018 median sales price: $350,000.00

2017 median sales price: $335,000.00

2018 mortgage volume: 2,722

2017 mortgage volume: 2,988

2018 total mortgage value:  $1,029,843,908.00

2017 total mortgage value:  $1,068,739,276.00

2018 median mortgage amount:  $254,800.00

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

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%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    22                                51                               

2017    33                                74       

Chg.    -33.3%                        -31.1%