Cape Cod Real Estate News

16

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF APRIL 2014

SALES VOLUME DIPS & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2014 was down 4.3% from April 2013 volume and the total value of sales was up 6.8% from the previous year.  The median individual property sale value was up 7.1% from the previous year.  There was a 44% decrease in the volume of mortgage activity from April 2013 levels.

 

Year to Date: Volume of Sales is down 1.9%; Total Value of Sales is up 7.5%; Individual Sales Value is up 5.1%; Mortgage Volume is down 50.5%.

 

Register Meade reports that there were 535 deeds recorded at the Barnstable Registry of Deeds in April 2014 with stated sales values above $50,000.00 representing a stated value of $225,487,768.00 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 was $310,617.00.

 

There were 881 mortgages recorded with values above $50,000.00 in April with a total value of $272,011,736.00.  The median mortgage amount, commercial, residential or other, was $220,000.00.

 

By way of comparison, there were 559 deeds recorded at the Barnstable Registry of Deeds in April 2013 with stated sales values above $50,000.00 representing a stated value of $211,095,430.00 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 was $290,000.00.

 

There were 1,574 mortgages recorded with values above $50,000.00 in April with a total value of $451,201,663.00.  The median mortgage amount, commercial, residential or other, was $225,637.00.

 

 

REAL ESTATE ACTIVITY THROUGH APRIL 2014

AS COMPARED TO THE SAME PERIOD IN 2013.

 

All figures are based on sales or mortgages ABOVE $50,000.00.

 

2014 sales volume: 1,686

2013 sales volume: 1,718

 

2014 total sales value:  $768,640,303.00

2013 total sales value:  $715,189,311.00

 

2014 median sales price: $310,000.00

2013 median sales price: $295,000.00

 

2014 mortgage volume: 3,043

2013 mortgage volume: 6,149

 

2014 total mortgage value:  $1,042,882,076.00

2013 total mortgage value:  $1,748,116,112.00

 

2014 median mortgage amount:  $222,300.00

2013 median mortgage amount:  $225,448.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Apr         2013:     $290,000.00                                 -4.9%  

May        2013:     $320,000.00                                +10.3%

June        2013:     $320,000.00                                  0.0%

July         2013:     $325,000.00                                +1.6%

Aug         2013:     $318,000.00                                -2.2%

Sep          2013:     $330,426.00                                +3.9%

Oct          2013:     $320,950.00                                 -2.9%

Nov         2013:     $317,250.00                                 -1.1%

Dec          2013:     $300,000.00                                 -5.4%  

Jan          2014:     $328,000.00                                 +9.3%

Feb          2014:     $298,000.00                                -9.1%

Mar         2014:     $297,000.00                               -0.34%

Apr         2014:      $310,617.00                                +4.6%

 

FORECLOSURE DEEDS

 

MONTH                     YTD              

2014    12                                53                                                                                                       

2013    14                                57

Chg.    -14.3%                        -7%

Posted in: Registry of Deeds

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