SALES VOLUME DIPS & VALUE RISES!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF SEPTEMBER 2017
SALES VOLUME DIPS & VALUE RISES!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in September 2017 was down 5.5% from September 2016 volume and the total value of sales was down 3.6% from the previous year. The median individual property sale value was up 5.7% from the previous year. There was an 25.7% decrease in the volume of mortgage activity from September 2016 levels.
Year to Date: Volume of Sales is up 3.6%; Total Value of Sales is up 6.1%; Individual Sales Value is up 4.5%; Mortgage Volume is down 6.3%.
Register Meade reports that there were 705 deeds recorded at the Barnstable Registry of Deeds in September 2017 with stated sales values above $50,000.00 representing a stated value of $370,826,004.00 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 September 2017 was $370,000.00.
There were 963 mortgages recorded with values above $50,000.00 in September 2017 with a total value of $407,889,041.00. The median mortgage amount, commercial, residential or other, was $256,500.00.
By way of comparison, there were 746 deeds recorded at the Barnstable Registry of Deeds in September 2016 with stated sales values above $50,000.00 representing a stated value of $384,539,181.00 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 September was $350,000.00.
There were 1,296 mortgages recorded with values above $50,000.00 in September with a total value of $472,820,104.00. The median mortgage amount, commercial, residential or other, was $256,632.00.
REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 5,872
2016 sales volume: 5,667
2017 total sales value: $2,809,597,245.00
2016 total sales value: $2,648,271,441.00
2017 median sales price: $350,000.00
2016 median sales price: $335,000.00
2017 mortgage volume: 9,424
2016 mortgage volume: 10,057
2017 total mortgage value: $3,427,376,597.00
2016 total mortgage value: $3,663,179,430.00
2017 median mortgage amount: $250,000.00
2016 median mortgage amount: $246,786.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Feb 2017: $335,000.00 -1.5%
Mar 2017: $330,000.00 -1.5%
Apr 2017: $350,000.00 +6.0%
May 2017: $370,000.00 +5.7%
June 2017: $360,000.00 -2.7%
July 2017: $355,000.00 -1.4%
Aug 2017: $340,000.00 -4.2%
Sep 2017: $370,000.00 +8.8%
FORECLOSURE DEEDS
MONTH YTD
2017 23 195
2016 28 204
Chg. -18% -4.4%
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