Registry Recording Statistics March 2017

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF MARCH 2017

SALES VOLUME & VALUE RISE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2017 was up 19.2% from March 2016 volume and the total value of sales was up 16.9% from the previous year.  The median individual property sale value was up 10% from the previous year.  There was a 5.4% decrease in the volume of mortgage activity from March 2016 levels.

 

Year to Date: Volume of Sales is up 8.2%; Total Value of Sales is up 7.6%; Individual Sales Value is up 8.8%; Mortgage Volume is up 1.4%.

 

Register Meade reports that there were 653 deeds recorded at the Barnstable Registry of Deeds in March 2017 with stated sales values above $50,000.00 representing a stated value of $292,085,068.00 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 2017 was $330,000.00.

 

There were 1,042 mortgages recorded with values above $50,000.00 in March 2017 with a total value of $384,260,177.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

By way of comparison, 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.

 

 

REAL ESTATE ACTIVITY THROUGH MARCH 2017

AS COMPARED TO THE SAME PERIOD IN 2016.

 

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

 

2017 sales volume: 1,527

2016 sales volume: 1,411

 

2017 total sales value: $700,835,459.00

2016 total sales value: $651,568,199.00

 

2017 median sales price: $335,000.00

2016 median sales price: $308,000.00

 

2017 mortgage volume: 2,988

2016 mortgage volume: 2,948

 

2017 total mortgage value:  $1,068,739,276.00

2016 total mortgage value:  $1,003,348,869.00

 

2017 median mortgage amount:  $250,000.00

2016 median mortgage amount:  $228,500.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Mar          2017:      $330,000.00                                 -1.5%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2017    33                                74                               

2016    34                                72       

Chg.    -2.9%                          +2.7%