SALES VOLUME CONTINUES TO DIP & VALUE RISES!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2018
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2018 was down 5.1% from August 2017 volume and the total value of sales was up 6.7% from the previous year. The median individual property sale value was up 9.9% from the previous year. There was an 9.2% decrease in the volume of mortgage activity from August 2017 levels.
Year to Date: Volume of Sales is down 4.2%; Total Value of Sales is up 1%; Individual Sales Value is up 5.7%; Mortgage Volume is down 7.6%.
Register Meade reports that there were 685 deeds recorded at the Barnstable Registry of Deeds in August 2018 with stated sales values above $50,000.00 representing a stated value of $348,864,366.00 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 2018 was $373,500.00.
There were 994 mortgages recorded with values above $50,000.00 in August 2018 with a total value of $350,039,923.00. The median mortgage amount, commercial, residential or other, was $259,731.00.
By way of comparison, there were 722 deeds recorded at the Barnstable Registry of Deeds in August 2017 with stated sales values above $50,000.00 representing a stated value of $327,001,447.00 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 2017 was $340,000.00.
There were 1,095 mortgages recorded with values above $50,000.00 in August 2017 with a total value of $391,764,717.00. The median mortgage amount, commercial, residential or other, was $250,400.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2018
AS COMPARED TO THE SAME PERIOD IN 2017.
All figures are based on sales or mortgages ABOVE $50,000.00.
2018 sales volume: 4,949
2017 sales volume: 5,167
2018 total sales value: $2,462,055,414.00
2017 total sales value: $2,438,771,794.00
2018 median sales price: $370,000.00
2017 median sales price: $350,000.00
2018 mortgage volume: 7,820
2017 mortgage volume: 8,461
2018 total mortgage value: $3,109,978,262.00
2017 total mortgage value: $3,019,487,557.00
2018 median mortgage amount: $261,207.00
2017 median mortgage amount: $250,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Jan 2018: $342,000.00 -6%
Feb 2018: $363,500.00 +6.3%
Mar 2018: $353,000.00 -2.9%
Apr 2018: $370,000.00 +4.8%
May 2018: $375,000.00 +1.4%
June 2018: $385,000.00 +2.7%
July 2018: $375,000.00 -2.6%
Aug 2018: $373,500.00 -0.4%
FORECLOSURE DEEDS
MONTH YTD
2018 24 165
2017 19 172
Chg. +26.3% -4.1%