Cape Cod Real Estate News

25

JOHN F. MEADE, REGISTER OF DEEDS

 

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 

FOR THE MONTH OF JANUARY 2014

 

SALES VOLUME & VALUE RISE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2014 was up 3.7% from January 2013 volume and the total value of sales was up 15.4% from the previous year.  The median individual property sale value was up 17.1% from the previous year.  There was a 53.3% decrease in the volume of mortgage activity from January 2013 levels.

 

Year to Date: Volume of Sales is up 3.7%; Total Value of Sales is up 15.4%; Individual Sales Value is up 17.1%; Mortgage Volume is down 53.3%.

 

Register Meade reports that there were 397 deeds recorded at the Barnstable Registry of Deeds in January 2014 with stated sales values above $50,000.00 representing a stated value of $186,190,852.00 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 January was $328,000.00.

 

There were 788 mortgages recorded with values above $50,000.00 in January with a total value of $269,371,977.00.  The median mortgage amount, commercial, residential or other, was $225,000.00.

 

By way of comparison, there were 383 deeds recorded at the Barnstable Registry of Deeds in January 2013 with stated sales values above $50,000.00 representing a stated value of $161,283,107.00 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 January was $280,000.00.

 

There were 1,688 mortgages recorded with values above $50,000.00 in January with a total value of $452,619,675.00.  The median mortgage amount, commercial, residential or other, was $224,000.00.

 

 

REAL ESTATE ACTIVITY THROUGH JANUARY 2014

AS COMPARED TO THE SAME PERIOD IN 2013.

 

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

 

2014 sales volume: 397

2013 sales volume: 383

 

2014 total sales value:  $186,190,852.00

2013 total sales value:  $161,283,107.00

 

2014 median sales price: $328,000.00

2013 median sales price: $280,000.00

 

2014 mortgage volume: 788

2013 mortgage volume: 1,688

 

2014 total mortgage value:  $269,371,977.00

2013 total mortgage value:  $452,619,675.00

 

2014 median mortgage amount:  $225,000.00

2013 median mortgage amount:  $224,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

 

Jan         2013:     $280,000.00                                -16.2 %

Feb         2013:     $300,000.00                                +7.1 %

Mar        2013:     $305,000.00                                +1.7%  

Apr         2013:     $290,000.00                                 -4.9%  

May        2013:     $320,000.00                                +10.3%

June        2013:     $320,000.00                                  0.0%

July         2013:     $325,000.00                                +1.6%

Aug         2013:     $318,000.00                                -2.2%

Sep          2013:     $330,426.00                                +3.9%

Oct          2013:     $320,950.00                                 -2.9%

Nov         2013:     $317,250.00                                 -1.1%

Dec          2013:     $300,000.00                                 -5.4%  

Jan          2014:     $328,000.00                                 +9.3%

FORECLOSURE DEEDS

 

MONTH                     YTD              

2014    11                                11                                                                                                       

2013    20                                20

Chg.    -45%                           -45%

Posted in: Registry of Deeds

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