Cape Cod Real Estate News

17

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF NOVEMBER 2014

SALES VOLUME DOWN & VALUE UP!

 

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2014 was down 4.3% from November 2013 volume and the total value of sales was up 14.2% from the previous year.  The median individual property sale value was up 2.2% from the previous year.  There was a 9.5% decrease in the volume of mortgage activity from November 2013 levels.

 

Year to Date: Volume of Sales is down 0.9%; Total Value of Sales is up 5.9%; Individual Sales Value is up 2.4%; Mortgage Volume is down 34.9%.

 

Register Meade reports that there were 488 deeds recorded at the Barnstable Registry of Deeds in November 2014 with stated sales values above $50,000.00 representing a stated value of $234,757,554.00 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 November was $324,334.00.

 

There were 832 mortgages recorded with values above $50,000.00 in November with a total value of $310,264,932.00.  The median mortgage amount, commercial, residential or other, was $243,125.00.

 

By way of comparison, that there were 510 deeds recorded at the Barnstable Registry of Deeds in November 2013 with stated sales values above $50,000.00 representing a stated value of $205,509,228.00 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 November was $317,250.00.

 

There were 919 mortgages recorded with values above $50,000.00 in November with a total value of $281,518,303.00.  The median mortgage amount, commercial, residential or other, was $223,469.00.

 


REAL ESTATE ACTIVITY THROUGH NOVEMBER 2014

AS COMPARED TO THE SAME PERIOD IN 2013.

 

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

 

2014 sales volume: 6,082

2013 sales volume: 6,137

 

2014 total sales value:  $2,869,542,358.00

2013 total sales value:  $2,708,988,163.00

 

2014 median sales price: $322,500.00

2013 median sales price: $315,000.00

 

2014 mortgage volume: 9,777

2013 mortgage volume: 15,022

 

2014 total mortgage value:  $3,282,308,966.00

2013 total mortgage value:  $4,537,187,756.00

 

2014 median mortgage amount:  $228,750.00

2013 median mortgage amount:  $226,500.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Nov         2014:     $324,334.00                                 -0.2%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2014    13                                122                                                                                                     

2013    17                                161

Chg.    -23.5%                        -24.2%

 

Posted in: Registry of Deeds

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