What's New

Cape Cod Real Estate News

11

SALES VOLUME FALLS & VALUE CONTINUES TO RISE!

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JUNE 2018

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2018 was down 7.6% from June 2017 volume and the total value of sales was down 1.2% from the previous year.  The median individual property sale value was up 6.9% from the previous year.  There was an 8.3% decrease in the volume of mortgage activity from June 2017 levels.

Year to Date: Volume of Sales is down 4.5%; Total Value of Sales is down 0.7%; Individual Sales Value is up 5%; Mortgage Volume is down 7.1%.

Register Meade reports that there were 832 deeds recorded at the Barnstable Registry of Deeds in June 2018 with stated sales values above $50,000.00 representing a stated value of $415,044,143.00 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 June 2018 was $385,000.00.

There were 1,121 mortgages recorded with values above $50,000.00 in June 2018 with a total value of $383,819,142.00.  The median mortgage amount, commercial, residential or other, was $275,000.00.

By way of comparison, there were 900 deeds recorded at the Barnstable Registry of Deeds in June 2017 with stated sales values above $50,000.00 representing a stated value of $419,910,461.00 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 June 2017 was $360,000.00.

There were 1,222 mortgages recorded with values above $50,000.00 in June 2017 with a total value of $471,629,692.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH JUNE 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 3,630

2017 sales volume: 3,802

 

2018 total sales value: $1,796,091,170.00

2017 total sales value: $1,808,444,534.00

 

2018 median sales price: $367,500.00

2017 median sales price: $350,000.00

 

2018 mortgage volume: 5,947

2017 mortgage volume: 6,401

 

2018 total mortgage value:  $2,148,862,136.00

2017 total mortgage value:  $2,328,234,765.00

 

2018 median mortgage amount:  $262,626.00

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

June          2017:      $360,000.00                                  -2.7%

July          2017:       $355,000.00                                  -1.4%

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2018    25                                117                             

2017    19                                131     

Chg.    +32%                          -10.7%

Posted in: Registry of Deeds

Post Rating

Comments

There are currently no comments, be the first to post one!

Post Comment

Only registered users may post comments.

Archives