Cape Cod Real Estate News

09

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF MARCH 2015

 

SALES VOLUME & VALUE RISE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2015 was up 5% from March 2014 volume and the total value of sales was up 4.7% from the previous year.  The median individual property sale value was up 11% from the previous year.  There was a 51.4% increase in the volume of mortgage activity from March 2014 levels.

 

Year to Date: Volume of Sales is up 0.7%; Total Value of Sales is down 0.1%; Individual Sales Value is up 6.3%; Mortgage Volume is up 29.2%.

 

Register Meade reports that there were 420 deeds recorded at the Barnstable Registry of Deeds in March 2015 with stated sales values above $50,000.00 representing a stated value of $206,676,179.00 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 March was $329,569.00.

 

There were 1,121 mortgages recorded with values above $50,000.00 in March with a total value of $415,129,090.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

By way of comparison, there were 400 deeds recorded at the Barnstable Registry of Deeds in March 2014 with stated sales values above $50,000.00 representing a stated value of $197,373,304.00 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 March was $297,000.00.

 

There were 740 mortgages recorded with values above $50,000.00 in March with a total value of $260,880,628.00.  The median mortgage amount, commercial, residential or other, was $219,963.00.


REAL ESTATE ACTIVITY THROUGH MARCH 2015

AS COMPARED TO THE SAME PERIOD IN 2014.

 

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

 

2015 sales volume: 1,169

2014 sales volume: 1,151

 

2015 total sales value:  $542,513,521.00

2014 total sales value:  $543,152,535.00

 

2015 median sales price: $328,500.00

2014 median sales price: $309,000.00

 

2015 mortgage volume: 2,793

2014 mortgage volume: 2,162

 

2015 total mortgage value:  $1,069,476,051.00

2014 total mortgage value:  $770,870,340.00

 

2015 median mortgage amount:  $248,000.00

2014 median mortgage amount:  $223,313.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Mar         2015:     $329,569.00                                 -0.1%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2015    10                                24                                                                                                       

2014    9                                  41

Chg.    +11.1%                       -41.5%

Posted in: Registry of Deeds

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