SALES VOLUME & VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2017 was up 17.5% from January 2016 volume and the total value of sales was up 12.7% from the previous year. The median individual property sale value was up 7.9% from the previous year. There was a 22.8% increase in the volume of mortgage activity from January 2016 levels.
Year to Date: Volume of Sales is up 17.5%; Total Value of Sales is up 12.7%; Individual Sales Value is down 7.9%; Mortgage Volume is up 22.8%.
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JANUARY 2017
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2017 was up 17.5% from January 2016 volume and the total value of sales was up 12.7% from the previous year. The median individual property sale value was up 7.9% from the previous year. There was a 22.8% increase in the volume of mortgage activity from January 2016 levels.
Year to Date: Volume of Sales is up 17.5%; Total Value of Sales is up 12.7%; Individual Sales Value is down 7.9%; Mortgage Volume is up 22.8%.
Register Meade reports that there were 510 deeds recorded at the Barnstable Registry of Deeds in January 2017 with stated sales values above $50,000.00 representing a stated value of $224,698,886.00 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 January 2017 was $340,000.00.
There were 1,104 mortgages recorded with values above $50,000.00 in January 2017 with a total value of $363,434,273.00. The median mortgage amount, commercial, residential or other, was $249,000.00.
By way of comparison, there were 434 deeds recorded at the Barnstable Registry of Deeds in January 2016 with stated sales values above $50,000.00 representing a stated value of $199,458,383.00 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 January 2016 was $315,000.00.
There were 899 mortgages recorded with values above $50,000.00 in January 2016 with a total value of $270,903,472.00. The median mortgage amount, commercial, residential or other, was $236,000.00.
REAL ESTATE ACTIVITY THROUGH JANUARY 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 510
2016 sales volume: 434
2017 total sales value: $224,698,886.00
2016 total sales value: $199,458,383.00
2017 median sales price: $340,000.00
2016 median sales price: $315,000.00
2017 mortgage volume: 1,104
2016 mortgage volume: 899
2017 total mortgage value: $363,434,273.00
2016 total mortgage value: $270,903,472.00
2017 median mortgage amount: $249,000.00
2016 median mortgage amount: $236,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Jan 2016: $315,000.00 -8.4%
Feb 2016: $308,500.00 -2.1%
Mar 2016: $300,000.00 -2.8%
Apr 2016: $336,042.00 +12.0%
May 2016: $340,000.00 +1.2%
June 2016: $350,000.00 +2.9%
July 2015: $338,500.00 -3.3%
Aug 2016: $334,025.00 -1.3%
Sep 2016: $350,000.00 +4.8%
Oct 2016: $360,000.00 +2.9%
Nov 2016: $360,000.00 0%
Dec 2016: $350,000.00 -2.8%
Jan 2017: $340,000.00 -2.9%
FORECLOSURE DEEDS
MONTH YTD
2017 26 26
2016 18 18
Chg. +44.4% +44.4
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