November 2020 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF NOVEMBER 2020

SALES VOLUME & VALUE REMAIN STRONG!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2020 was up 34% from November 2019 volume and the total value of sales was up 66.5% from the previous year.  The median individual property sale value was up 26.5% from the previous year.  There was a 26.5% increase in the volume of mortgage activity from November 2019 levels.

Year to Date: Volume of Sales is up 11%; Total Value of Sales is up 26%; Individual Sales Value is up 13.6%; Mortgage Volume is up 44.8%.

Register Meade reports that there were 800 deeds recorded at the Barnstable Registry of Deeds in November 2020 with stated sales values above $50,000.00 representing a stated value of $526,879,120.00 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 2020 was $493,500.00.

There were 1,891 mortgages recorded with values above $50,000.00 in November 2020 with a total value of $721,775,412.00.  The median mortgage amount, commercial, residential or other, was $308,500.00.

By way of comparison, that there were 597 deeds recorded at the Barnstable Registry of Deeds in November 2019 with stated sales values above $50,000.00 representing a stated value of $316,347,948.00 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 2019 was $390,000.00.

There were 1,311 mortgages recorded with values above $50,000.00 in November 2019 with a total value of $464,710,068.00.  The median mortgage amount, commercial, residential or other, was $282,400.00.

REAL ESTATE ACTIVITY THROUGH NOVEMBER 2020

AS COMPARED TO THE SAME PERIOD IN 2019.

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

2020 sales volume: 7,585

2019 sales volume: 6,834

2020 total sales value: $4,587,089,909.00

2019 total sales value: $3,646,100,823.00

2020 median sales price: $437,200.00

2019 median sales price: $385,000.00

2020 mortgage volume: 17,579

2019 mortgage volume: 12,142

2020 total mortgage value:  $6,980,592,777.00

2019 total mortgage value:  $4,782,078,362.00

2020 median mortgage amount: $301,641.00

2019 median mortgage amount: $285,000.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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%

July             2020:      $455,000.00                                   +8.3%

Aug             2020:      $455,000.00                                      0%

Sep              2020:      $470,000.00                                    +3.3%

Oct              2020:      $475,000.00                                    +1.1%

Nov             2020:      $493,500.00                                    +3.9%     

FORECLOSURE DEEDS

MONTH                     YTD              

2020    5                                  85

2019    9                                  127     

Chg.    -44.4%                        -33.1%