Recording Statistics September 2018

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF SEPTEMBER 2018

SALES VOLUME DOWN & VALUE UP AGAIN!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in September 2018 was down 9.4% from September 2017 volume and the total value of sales was down 5.9% from the previous year.  The median individual property sale value was up 4.6% from the previous year.  There was an 8.7% decrease in the volume of mortgage activity from September 2017 levels.

Year to Date: Volume of Sales is down 4.8%; Total Value of Sales is up 0.1%; Individual Sales Value is up 6%; Mortgage Volume is down 7.7%.

 Register Meade reports that there were 639 deeds recorded at the Barnstable Registry of Deeds in September 2018 with stated sales values above $50,000.00 representing a stated value of $348,875,625.00 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 September 2018 was $387,000.00.

There were 879 mortgages recorded with values above $50,000.00 in September 2018 with a total value of $324,971,797.00.  The median mortgage amount, commercial, residential or other, was $260,000.00.

By way of comparison, there were 705 deeds recorded at the Barnstable Registry of Deeds in September 2017 with stated sales values above $50,000.00 representing a stated value of $370,826,004.00 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 September 2017 was $370,000.00.

There were 963 mortgages recorded with values above $50,000.00 in September 2017 with a total value of $407,889,041.00.  The median mortgage amount, commercial, residential or other, was $256,500.00.

 

REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

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

 

2018 sales volume: 5,588

2017 sales volume: 5,872

 

2018 total sales value: $2,810,931,039.00

2017 total sales value: $2,809,597,245.00

 

2018 median sales price: $371,000.00

2017 median sales price: $350,000.00

 

2018 mortgage volume: 8,699

2017 mortgage volume: 9,424

 

2018 total mortgage value:  $3,434,950,060.00

2017 total mortgage value:  $3,427,376,597.00

 

2018 median mortgage amount:  $261,120.00

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

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%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    20                                185                             

2017    23                                195     

Chg.    -13%                         -5.1%