Joseph Aucoin posted on May 13, 2019 05:53
SALES VOLUME & VALUE RISE!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2019
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2019 was up 5.2% from March 2018 volume and the total value of sales was up 16% from the previous year. The median individual property sale value was up 4.8% from the previous year. There was a 9.8% decrease in the volume of mortgage activity from March 2018 levels.
Year to Date: Volume of Sales is down 3.3%; Total Value of Sales is up 5.1%; Individual Sales Value is up 2.6%; Mortgage Volume is down 13.8%.
Register Meade reports that there were 549 deeds recorded at the Barnstable Registry of Deeds in March 2019 with stated sales values above $50,000.00 representing a stated value of $285,573,717.00 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 March 2019 was $370,000.00.
There were 865 mortgages recorded with values above $50,000.00 in March 2019 with a total value of $297,309,462.00. The median mortgage amount, commercial, residential or other, was $265,000.00.
By way of comparison, there were 522 deeds recorded at the Barnstable Registry of Deeds in March 2018 with stated sales values above $50,000.00 representing a stated value of $246,168,115.00 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 March 2018 was $353,000.00.
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