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May 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF MAY 2018

 SALES VOLUME DIPS & VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2018 was down 5.5% from May 2017 volume and the total value of sales was down 7.3% from the previous year.  The median individual property sale value was up 1.4% from the previous year.  There was an 8.8% decrease in the volume of mortgage activity from May 2017 levels.

Year to Date: Volume of Sales is down 3.6%; Total Value of Sales is down 0.5%; Individual Sales Value is up 4.5%; Mortgage Volume is down 6.8%.

Register Meade reports that there were 719 deeds recorded at the Barnstable Registry of Deeds in May 2018 with stated sales values above $50,000.00 representing a stated value of $366,647,078.00 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 May 2018 was $375,000.00.

There were 1,094 mortgages recorded with values above $50,000.00 in May 2018 with a total value of $393,805,563.00.  The median mortgage amount, commercial, residential or other, was $270,000.00.

By way of comparison, there were 761 deeds recorded at the Barnstable Registry of Deeds in May 2017 with stated sales values above $50,000.00 representing a stated value of $395,534,476.00 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 May 2017 was $370,000.00.

There were 1,200 mortgages recorded with values above $50,000.00 in May 2017 with a total value of $415,078,351.00.  The median mortgage amount, commercial, residential or other, was $255,000.00.

 

REAL ESTATE ACTIVITY THROUGH MAY 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

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

2018 sales volume: 2,798

2017 sales volume: 2,902

 

2018 total sales value: $1,381,047,027.00

2017 total sales value: $1,388,534,073.00

 

2018 median sales price: $362,000.00

2017 median sales price: $346,347.00

 

2018 mortgage volume: 4,826

2017 mortgage volume: 5,179

 

2018 total mortgage value:  $1,765,042,994.00

2017 total mortgage value:  $1,856,605,073.00

 

2018 median mortgage amount:  $260,000.00

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

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%

Apr            2018:      $370,000.00                                  +4.8%

May           2018:      $375,000.00                                  +1.4%

 

FORECLOSURE DEEDS

MONTH                               YTD              

2018    18                                92                               

2017    19                                112     

Chg.    -5.3%                          -17.9%