Joseph Aucoin posted on March 11, 2020 07:59
SALES VOLUME DIPS AND VALUE RISES!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2020 was down 9.1% from February 2019 volume and the total value of sales was down 2.4% from the previous year. The median individual property sale value was up 6.2% from the previous year. There was a 45.8% increase in the volume of mortgage activity from February 2019 levels.
Year to Date: Volume of Sales is up 5.1%; Total Value of Sales is up 0.04%; Individual Sales Value is up 6.5%; Mortgage Volume is up 53%.
Register Meade reports that there were 361 deeds recorded at the Barnstable Registry of Deeds in February 2020 with stated sales values above $50,000.00 representing a stated value of $200,527,931.00 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 February 2020 was $375,000.00.
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