Cape Cod Real Estate News

12

SALES VALUE DIPS AND MORTGAGE VOLUME JUMPS!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2019 was down 1.5% from October 2018 volume and the total value of sales was down 14% from the previous year.  The median individual property sale value was down 5.2% from the previous year.  There was a 59% increase in the volume of mortgage activity from October 2018 levels.

Year to Date: Volume of Sales is down 1.2%; Total Value of Sales is up 3.3%; Individual Sales Value is up 2.7%; Mortgage Volume is up 11.6%.

Register Meade reports that there were 714 deeds recorded at the Barnstable Registry of Deeds in October 2019 with stated sales values above $50,000.00 representing a stated value of $353,874,928.00 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 October 2019 was $385,000.00.

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Posted in: Registry of Deeds

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