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October 2017 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF OCTOBER 2017

SALES VOLUME OFF SLIGHTLY & VALUE EDGES UP!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2017 was down 0.6% from October 2016 volume and the total value of sales was down 6.3% from the previous year.  The median individual property sale value was up 2.8% from the previous year.  There was a 16.8% decrease in the volume of mortgage activity from October 2016 levels.

 

Year to Date: Volume of Sales is up 3.2%; Total Value of Sales is up 4.6%; Individual Sales Value is up 3.4%; Mortgage Volume is down 7.5%.

 

Register Meade reports that there were 682 deeds recorded at the Barnstable Registry of Deeds in October 2017 with stated sales values above $50,000.00 representing a stated value of $328,479,558.00 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 October 2017 was $370,000.00.

 

There were 1,072 mortgages recorded with values above $50,000.00 in October 2017 with a total value of $357,171,509.00.  The median mortgage amount, commercial, residential or other, was $252,460.00.

 

By way of comparison, there were 686 deeds recorded at the Barnstable Registry of Deeds in October 2016 with stated sales values above $50,000.00 representing a stated value of $350,384,251.00 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 October was $360,000.00.

 

There were 1,288 mortgages recorded with values above $50,000.00 in October with a total value of $448,554,117.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH OCTOBER 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

 

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

 

2017 sales volume: 6,554

2016 sales volume: 6,353

 

2017 total sales value: $3,138,076,803.00

2016 total sales value: $2,998,655,692.00

 

2017 median sales price: $350,000.00

2016 median sales price: $338,500.00

 

2017 mortgage volume: 10,496

2016 mortgage volume: 11,345

 

2017 total mortgage value:  $3,784,548,106.00

2016 total mortgage value:  $4,111,733,547.00

 

2017 median mortgage amount:  $250,000.00

2016 median mortgage amount:  $247,150.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Oct           2016:      $360,000.00                                +2.9%

Nov          2016:      $360,000.00                                    0%

Dec           2016:      $350,000.00                                 -2.8%

Jan           2017:      $340,000.00                                -2.9%

Feb           2017:      $335,000.00                                 -1.5%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    18                                213                             

2016    24                                228     

Chg.    -25%                           -6.6%