August 2018 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF AUGUST 2018

SALES VOLUME CONTINUES TO DIP & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2018 was down 5.1% from August 2017 volume and the total value of sales was up 6.7% from the previous year.  The median individual property sale value was up 9.9% from the previous year.  There was an 9.2% decrease in the volume of mortgage activity from August 2017 levels.

 

Year to Date: Volume of Sales is down 4.2%; Total Value of Sales is up 1%; Individual Sales Value is up 5.7%; Mortgage Volume is down 7.6%.

 

Register Meade reports that there were 685 deeds recorded at the Barnstable Registry of Deeds in August 2018 with stated sales values above $50,000.00 representing a stated value of $348,864,366.00 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 August 2018 was $373,500.00.

 

There were 994 mortgages recorded with values above $50,000.00 in August 2018 with a total value of $350,039,923.00.  The median mortgage amount, commercial, residential or other, was $259,731.00.

 

By way of comparison, there were 722 deeds recorded at the Barnstable Registry of Deeds in August 2017 with stated sales values above $50,000.00 representing a stated value of $327,001,447.00 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 August 2017 was $340,000.00.

 

There were 1,095 mortgages recorded with values above $50,000.00 in August 2017 with a total value of $391,764,717.00.  The median mortgage amount, commercial, residential or other, was $250,400.00.

 

REAL ESTATE ACTIVITY THROUGH AUGUST 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 4,949

2017 sales volume: 5,167

 

2018 total sales value: $2,462,055,414.00

2017 total sales value: $2,438,771,794.00

 

2018 median sales price: $370,000.00

2017 median sales price: $350,000.00

 

2018 mortgage volume: 7,820

2017 mortgage volume: 8,461

 

2018 total mortgage value:  $3,109,978,262.00

2017 total mortgage value:  $3,019,487,557.00

 

2018 median mortgage amount:  $261,207.00

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

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%

June           2018:      $385,000.00                                  +2.7%

July            2018:      $375,000.00                                  -2.6%

Aug            2018:     $373,500.00                                    -0.4%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    24                                165                             

2017    19                                172     

Chg.    +26.3%                       -4.1%