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Registry Recording Statistics March 2016

 

JOHN F. MEADE, REGISTER OF DEEDS

 

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 

FOR THE MONTH OF MARCH 2016

 

SALES VOLUME RISES & VALUE CONTINUES TO FALL!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2016 was up 30.5% from March 2015 volume and the total value of sales was up 20.9% from the previous year.  The median individual property sale value was down 9% from the previous year. There was a 1.8% decrease in the volume of mortgage activity from March 2015 levels.

 

Year to Date: Volume of Sales is up 21.8%; Total Value of Sales is up 20.1%; Individual Sales Value is down 6.2%; Mortgage Volume is up 5.6%.

 

Register Meade reports that there were 548 deeds recorded at the Barnstable Registry of Deeds in March 2016 with stated sales values above $50,000.00 representing a stated value of $249,837,500.00 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 March was $300,000.00.

 

There were 1,101 mortgages recorded with values above $50,000.00 in March with a total value of $408,204,320.00.  The median mortgage amount, commercial, residential or other, was $238,010.00.

 

By way of comparison, there were 420 deeds recorded at the Barnstable Registry of Deeds in March 2015 with stated sales values above $50,000.00 representing a stated value of $206,676,179.00 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 March was $329,569.00.

 

There were 1,121 mortgages recorded with values above $50,000.00 in March with a total value of $415,129,090.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

 

REAL ESTATE ACTIVITY THROUGH MARCH 2016

AS COMPARED TO THE SAME PERIOD IN 2015.

 

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

 

2016 sales volume: 1,411

2015 sales volume: 1,159

 

2016 total sales value: $651,568,199.00

2015 total sales value: $542,513,521.00

 

2016 median sales price: $308,000.00

2015 median sales price: $328,500.00

 

2016 mortgage volume: 2,948

2015 mortgage volume: 2,793

 

2016 total mortgage value: $1,003,348.869.00

2015 total mortgage value: $1,069,476,051.00

 

2016 median mortgage amount: $228,500.00

2015 median mortgage amount: $248,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Mar         2015:     $329,569.00                                -0.1%

Apr         2015:     $323,000.00                                -2.0%

May         2015:     $320,000.00                                -0.9%

June         2015:     $330,000.00                                +3.1%

July         2015:     $320,000.00                                -3.1%

Aug         2015:     $340,000.00                                +6.3%

Sep           2015:   $343,250.00                                 +1%

Oct           2015:     $337,300.00                                -1.7%

Nov          2015:     $345,000.00                                +2.3%

Dec           2015:     $344,000.00                                -0.3%

Jan           2016:     $315,000.00                                 -8.4% 

Feb           2016:     $308,500.00                              -2.1%

Mar         2016:     $300,000.00                               -2.8%

 

FORECLOSURE DEEDS

              MONTH                    YTD              

2016    34                                72

2015    10                                24

Chg.    +240%                        +200%