Registry Recording Statistics February 2017

JOHN F. MEADE, REGISTER OF DEEDS

 

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 

FOR THE MONTH OF FEBRUARY 2017

 

SALES VOLUME DIPS & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2017 was down 15.2% from February 2016 volume and the total value of sales was down 9% from the previous year.  The median individual property sale value was up 8.6% from the previous year.  There was a 11.2% decrease in the volume of mortgage activity from February 2016 levels.

Year to Date: Volume of Sales is up 1.3%; Total Value of Sales is up 1.7%; Individual Sales Value is up 8.8%; Mortgage Volume is up 5.4%.

Register Meade reports that there were 364 deeds recorded at the Barnstable Registry of Deeds in February 2017 with stated sales values above $50,000.00 representing a stated value of $184,051,505.00 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 February 2017 was $335,000.00.

There were 842 mortgages recorded with values above $50,000.00 in February 2017 with a total value of $321,044,826.00.  The median mortgage amount, commercial, residential or other, was $247,500.00.

By way of comparison, there were 429 deeds recorded at the Barnstable Registry of Deeds in February 2016 with stated sales values above $50,000.00 representing a stated value of $202,272,316.00 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 February was $308,500.00.

There were 948 mortgages recorded with values above $50,000.00 in February with a total value of $324,241,076.00.  The median mortgage amount, commercial, residential or other, was $209,684.00.

 

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

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

 

2017 sales volume: 874

2016 sales volume: 863

 

2017 total sales value: $408,750,391.00

2016 total sales value: $401,730,699.00

 

2017 median sales price: $340,000.00

2016 median sales price: $312,500.00

 

2017 mortgage volume: 1,946

2016 mortgage volume: 1,847

 

2017 total mortgage value:  $684,479,098.00

2016 total mortgage value:  $595,144,549.00

 

2017 median mortgage amount:  $247,800.00

2016 median mortgage amount:  $223,443.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Feb           2016:     $308,500.00                                -2.1%

Mar          2016:     $300,000.00                                -2.8%

Apr           2016:     $336,042.00                               +12.0%

May          2016:     $340,000.00                               +1.2%

June          2016:     $350,000.00                               +2.9%

July          2015:      $338,500.00                               -3.3%

Aug          2016:      $334,025.00                                -1.3%

Sep           2016:      $350,000.00                                +4.8%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    15                                41                               

2016    20                                38       

Chg.    -25%                           +8%