Cape Cod Real Estate News

03

SALES VOLUME AND VALUE RISE!

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF APRIL 2018

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2018 was up 1.6% from April 2017 volume and the total value of sales was up 1.3% from the previous year.  The median individual property sale value was up 5.7% from the previous year.  There was a 1.9% increase in the volume of mortgage activity from April 2017 levels.

Year to Date: Volume of Sales is down 2.9%; Total Value of Sales is up 2.2%; Individual Sales Value is up 5.8%; Mortgage Volume is down 6.2%.

Register Meade reports that there were 624 deeds recorded at the Barnstable Registry of Deeds in April 2018 with stated sales values above $50,000.00 representing a stated value of $295,937,796.00 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 April 2018 was $370,000.00.

There were 1,010 mortgages recorded with values above $50,000.00 in April 2018 with a total value of $341,393,523.00.  The median mortgage amount, commercial, residential or other, was $267,610.00.

By way of comparison, there were 614 deeds recorded at the Barnstable Registry of Deeds in April 2017 with stated sales values above $50,000.00 representing a stated value of $292,164,138.00 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 April 2017 was $350,000.00.

There were 991 mortgages recorded with values above $50,000.00 in April 2017 with a total value of $372,787,446.00.  The median mortgage amount, commercial, residential or other, was $248,500.00.

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Posted in: Registry of Deeds

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