Cape Cod Real Estate News

09

    Registry of Deeds October 2014 Recording Statistics

    JOHN F. MEADE, REGISTER OF DEEDS
    REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

    FOR THE MONTH OF OCTOBER 2014
    SALES VOLUME & VALUE UP SLIGHTLY!

     

    Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2014 was up 0.6% from October 2013 volume and the total value of sales was up 6.6% from the previous year.  The median individual property sale value was up 1.3% from the previous year.  There was a 3% decrease in the volume of mortgage activity from October 2013 levels.

     

    Year to Date: Volume of Sales is down 0.6%; Total Value of Sales is up 5.2%; Individual Sales Value is up 2.4%; Mortgage Volume is down 36.6%.

     

    Register Meade reports that there were 676 deeds recorded at the Barnstable Registry of Deeds in October 2014 with stated sales values above $50,000.00 representing a stated value of $331,070,453.00 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 October was $325,000.00.

     

    There were 1,059 mortgages recorded with values above $50,000.00 in October with a total value of $325,524,869.00.  The median mortgage amount, commercial, residential or other, was $225,000.00.

     

    By way of comparison, that there were 672 deeds recorded at the Barnstable Registry of Deeds in October 2013 with stated sales values above $50,000.00 representing a stated value of $310,704,120.00 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 October was $320,950.00.

     

    There were 1,092 mortgages recorded with values above $50,000.00 in October with a total value of $363,859,579.00.  The median mortgage amount, commercial, residential or other, was $225,000.00.

     

     

    REAL ESTATE ACTIVITY THROUGH OCTOBER 2014

    AS COMPARED TO THE SAME PERIOD IN 2013.

     

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

     

    2014 sales volume: 5,594

    2013 sales volume: 5,627

     

    2014 total sales value:  $2,634,784,804.00

    2013 total sales value:  $2,503,478,936.00

     

    2014 median sales price: $322,500.00

    2013 median sales price: $315,000.00

     

    2014 mortgage volume: 8,945

    2013 mortgage volume: 14,103

     

    2014 total mortgage value:  $2,972,044,804.00

    2013 total mortgage value:  $4,256,187,756.00

     

    2014 median mortgage amount:  $227,500.00

    2013 median mortgage amount:  $227,000.00

     

    TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

    (Sales values above $50,000.00)

     

    M/Y                Value                          % Differential/prior month

    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%

    Feb          2014:     $298,000.00                                -9.1%

    Mar         2014:     $297,000.00                               -0.34%

    Apr         2014:      $310,617.00                                +4.6%

    May        2014:      $329,000.00                                +5.9% 

    June        2014:      $332,000.00                                +0.9%

    July         2014:     $305,000.00                                  -8.1%

    Aug         2014:     $343,500.00                                +12.6%

    Sep          2014:     $329,000.00                                  -4.2%

    Oct          2014:     $325,000.00                                  -1.2%

     

    FORECLOSURE DEEDS

    MONTH                     YTD              

    2014    9                                  109                                                                                                     

    2013    23                                144

    Chg.    -61%                           -24.3%

Posted in: Registry of Deeds

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