November 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 FOR THE MONTH OF NOVEMBER 2018

SALES VOLUME & VALUE RISE AGAIN!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2018 was up 9.6% from November 2017 volume and the total value of sales was up 19.1% from the previous year.  The median individual property sale value was up +8.5% from the previous year.  There was an 9.4% decrease in the volume of mortgage activity from November 2017 levels.

Year to Date: Volume of Sales is down 2.5%; Total Value of Sales is up 4.2%; Individual Sales Value is up 7.1%; Mortgage Volume is down 7.7%.

Register Meade reports that there were 719 deeds recorded at the Barnstable Registry of Deeds in November 2018 with stated sales values above $50,000.00 representing a stated value of $389,728,868.00 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 November 2018 was $385,000.00.

There were 986 mortgages recorded with values above $50,000.00 in November 2018 with a total value of $381,474,228.00.  The median mortgage amount, commercial, residential or other, was $280,000.00.

By way of comparison, there were 656 deeds recorded at the Barnstable Registry of Deeds in November 2017 with stated sales values above $50,000.00 representing a stated value of $327,158,274.00 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 November 2017 was $355,000.00.

There were 1,088 mortgages recorded with values above $50,000.00 in November 2017 with a total value of $384,997,303.00.  The median mortgage amount, commercial, residential or other, was $255,529.00.

 

REAL ESTATE ACTIVITY THROUGH NOVEMBER 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

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

2018 sales volume: 7,032

2017 sales volume: 7,210

2018 total sales value: $3,611,980,643.00

2017 total sales value: $3,465,235,077.00

 2018 median sales price: $375,000.00

2017 median sales price: $350,000.00

2018 mortgage volume: 10,692

2017 mortgage volume: 11,584

2018 total mortgage value:  $4,169,780,737.00

2017 total mortgage value:  $4,169,545,408.00

 

2018 median mortgage amount:  $264,000.00

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

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%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    12                                220                             

2017    14                                227     

Chg.    -14.3%                      -3.1%