JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2015
SALES VOLUME DOWN & SALES VALUE RISES!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2015 was down 3.1% from February 2014 volume and the total value of sales was up 1.7% from the previous year. The median individual property sale value was up 10.7% from the previous year. There was a 36.1% increase in the volume of mortgage activity from February 2014 levels.
Year to Date: Volume of Sales is down 1.6%; Total Value of Sales is down 2.9%; Individual Sales Value is up 5%; Mortgage Volume is up 17.6%.
Register Meade reports that there were 343 deeds recorded at the Barnstable Registry of Deeds in February 2015 with stated sales values above $50,000.00 representing a stated value of $162,222,007.00 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 February was $330,000.00.
There were 869 mortgages recorded with values above $50,000.00 in February with a total value of $376,045,274.00. The median mortgage amount, commercial, residential or other, was $254,250.00.
By way of comparison, there were 354 deeds recorded at the Barnstable Registry of Deeds in February 2014 with stated sales values above $50,000.00 representing a stated value of $159,588,379.00 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 February was $298,000.00.
There were 634 mortgages recorded with values above $50,000.00 in February with a total value of $240,617,735.00. The median mortgage amount, commercial, residential or other, was $225,000.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2015
AS COMPARED TO THE SAME PERIOD IN 2014.
All figures are based on sales or mortgages ABOVE $50,000.00.
2015 sales volume: 739
2014 sales volume: 751
2015 total sales value: $335,837,343.00
2014 total sales value: $345,779,231.00
2015 median sales price: $328,000.00
2014 median sales price: $312,500.00
2015 mortgage volume: 1,672
2014 mortgage volume: 1,422
2015 total mortgage value: $654,346,961.00
2014 total mortgage value: $509,989,712.00
2015 median mortgage amount: $245,050.00
2014 median mortgage amount: $225,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Dec 2014: $347,450.00 +7.1%
Jan 2015: $325,000.00 -6.5%
Feb 2015: $330,000.00 +1.5%
FORECLOSURE DEEDS
MONTH YTD
2015 9 14
2014 21 32
Chg. -57% -56%