Cape Cod Real Estate News

14

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2015

SALES VOLUME & VALUE DROP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2015 was down 9.8% from August 2014 volume and the total value of sales was down 18.9% from the previous year. The median individual property sale value was down 1.2% from the previous year. There was a 3.7% decrease in the volume of mortgage activity from August 2014 levels.

Year to Date: Volume of Sales is up 0.8%; Total Value of Sales is down 2.2%; Individual Sales Value is up 1.2%; Mortgage Volume is up 20.4%.

Register Meade reports that there were 561 deeds recorded at the Barnstable Registry of Deeds in August 2015 with stated sales values above $50,000.00 representing a stated value of $233,999,901.00 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 August was $340,000.00.

There were 896 mortgages recorded with values above $50,000.00 in August with a total value of $304,514,887.00. The median mortgage amount, commercial, residential or other, was $249,950.00.

By way of comparison, there were 622 deeds recorded at the Barnstable Registry of Deeds in August 2014 with stated sales values above $50,000.00 representing a stated value of $288,579,308.00 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 August was $343,500.00.

There were 930 mortgages recorded with values above $50,000.00 in August with a total value of $341,943,715.00. The median mortgage amount, commercial, residential or other, was $244,500.00.

REAL ESTATE ACTIVITY THROUGH AUGUST 2015
AS COMPARED TO THE SAME PERIOD IN 2014.

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

2015 sales volume: 4,336
2014 sales volume: 4,303

2015 total sales value: $1,963,370,818.00
2014 total sales value: $2,007,263,261.00

2015 median sales price: $325,924.00
2014 median sales price: $322,000.00

2015 mortgage volume: 8,319
2014 mortgage volume: 6,907

2015 total mortgage value: $2,880,114,036.00
2014 total mortgage value: $2,343,156,076.00

2015 median mortgage amount: $245,812.00
2014 median mortgage amount: $229,081.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)

M/Y Value % Differential/prior month
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%
Apr 2015: $323,000.00 -2.0%
May 2015: $320,000.00 -0.9%
June 2015: $330,000.00 +3.1%
July 2015: $320,000.00 -3.1%
Aug 2015: $340,000.00 +6.3%

FORECLOSURE DEEDS
MONTH YTD
2015 11 90
2014 13 97
Chg. -15.3% -7.2%

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Posted in: Registry of Deeds

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