Registry Recording Statistics March 2019

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF MARCH 2019

SALES VOLUME & VALUE RISE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2019 was up 5.2% from March 2018 volume and the total value of sales was up 16% from the previous year.  The median individual property sale value was up 4.8% from the previous year.  There was a 9.8% decrease in the volume of mortgage activity from March 2018 levels.

Year to Date: Volume of Sales is down 3.3%; Total Value of Sales is up 5.1%; Individual Sales Value is up 2.6%; Mortgage Volume is down 13.8%.

Register Meade reports that there were 549 deeds recorded at the Barnstable Registry of Deeds in March 2019 with stated sales values above $50,000.00 representing a stated value of $285,573,717.00 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 2019 was $370,000.00.

There were 865 mortgages recorded with values above $50,000.00 in March 2019 with a total value of $297,309,462.00.  The median mortgage amount, commercial, residential or other, was $265,000.00.

By way of comparison, there were 522 deeds recorded at the Barnstable Registry of Deeds in March 2018 with stated sales values above $50,000.00 representing a stated value of $246,168,115.00 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 2018 was $353,000.00.

There were 959 mortgages recorded with values above $50,000.00 in March 2018 with a total value of $390,552,320.00.  The median mortgage amount, commercial, residential or other, was $252,345.00.

REAL ESTATE ACTIVITY THROUGH MARCH 2019

AS COMPARED TO THE SAME PERIOD IN 2018.

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

2019 sales volume: 1,407

2018 sales volume: 1,455

2019 total sales value: $755,429,378.00

2018 total sales value: $718,462,153.00

2019 median sales price: $359,000.00

2018 median sales price: $350,000.00

2019 mortgage volume: 2,346

2018 mortgage volume: 2,722

2019 total mortgage value:  $826,137,809.00

2018 total mortgage value:  $1,029,843,908.00

2019 median mortgage amount:  $260,000.00

2018 median mortgage amount:  $254,800.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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%

Oct             2018:      $406,000.00                                  +4.9%

Nov            2018:      $385,000.00                                    -5.2%

Dec             2018:      $350,000.00                                    -9%

Jan             2019:      $351,000.00                                    +0.3%

Feb             2019:      $353,000.00                                   +0.6%

Mar            2019:      $370,000.00                                   +4.8%

FORECLOSURE DEEDS

MONTH                     YTD              

2019    19                                44

2018    22                                51       

Chg.    -13.6%                        -13.7%