SALES VOLUME DIPS & VALUE RISES!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF DECEMBER 2017
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2017 was down 0.9% from December 2016 volume and the total value of sales was up 3.9% from the previous year. The median individual property sale value was up 4% from the previous year. There was a 16.9% decrease in the volume of mortgage activity from December 2016 levels.
Year to Date: Volume of Sales is up 2.5%; Total Value of Sales is up 4.5%; Individual Sales Value is up 3.4%; Mortgage Volume is down 9.3%.
Register Meade reports that there were 659 deeds recorded at the Barnstable Registry of Deeds in December 2017 with stated sales values above $50,000.00 representing a stated value of $341,354,591.00 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 December 2017 was $364,000.00.
There were 1,093 mortgages recorded with values above $50,000.00 in December 2017 with a total value of $377,613,871.00. The median mortgage amount, commercial, residential or other, was $264,000.00.
By way of comparison, there were 665 deeds recorded at the Barnstable Registry of Deeds in December 2016 with stated sales values above $50,000.00 representing a stated value of $328,537,981.00 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 December was $350,000.00.
There were 1,316 mortgages recorded with values above $50,000.00 in December with a total value of $472,498,509.00. The median mortgage amount, commercial, residential or other, was $259,691.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 7,869
2016 sales volume: 7,679
2017 total sales value: $3,806,589,668.00
2016 total sales value: $3,642,055,037.00
2017 median sales price: $351,600.00
2016 median sales price: $340,000.00
2017 mortgage volume: 12,677
2016 mortgage volume: 12,667
2017 total mortgage value: $4,547,159,280.00
2016 total mortgage value: $5,125,829,612.00
2017 median mortgage amount: $250,381.00
2016 median mortgage amount: $250,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Oct 2017: $370,000.00 0%
Nov 2017: $355,000.00 -4%
Dec 2017: $364,000.00 +2.5%
FORECLOSURE DEEDS
MONTH YTD
2017 19 246
2016 16 262
Chg. +18.8% -6.1%