Registry Recording Statistics February 2016
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2016
SALES VOLUME JUMPS & VALUE DIPS!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2016 was up 25.1% from February 2015 volume and the total value of sales was up 24.7% from the previous year. The median individual property sale value was down 6.5% from the previous year. There was a 9.1% increase in the volume of mortgage activity from February 2015 levels.
Year to Date: Volume of Sales is up 16.8%; Total Value of Sales is up 19.6%; Individual Sales Value is down 4.7%; Mortgage Volume is up 10.5%.
Register Meade reports that there were 429 deeds recorded at the Barnstable Registry of Deeds in February 2016 with stated sales values above $50,000.00 representing a stated value of $202,272,316.00 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 was $308,500.00.
There were 948 mortgages recorded with values above $50,000.00 in February with a total value of $324,241,076.00. The median mortgage amount, commercial, residential or other, was $209,684.00.
By way of comparison, there were 343 deeds recorded at the Barnstable Registry of Deeds in February 2015 with stated sales values above $50,000.00 representing a stated value of $162,222,007.00 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 was $330,000.00.
There were 869 mortgages recorded with values above $50,000.00 in February with a total value of $376,045,274.00. The median mortgage amount, commercial, residential or other, was $254,250.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2016
AS COMPARED TO THE SAME PERIOD IN 2015.
All figures are based on sales or mortgages ABOVE $50,000.00.
2016 sales volume: 863
2015 sales volume: 739
2016 total sales value: $401,730,699.00
2015 total sales value: $335,837,343.00
2016 median sales price: $312,500.00
2015 median sales price: $328,000.00
2016 mortgage volume: 1,847
2015 mortgage volume: 1,672
2016 total mortgage value: $595,144,549.00
2015 total mortgage value: $654,346,961.00
2016 median mortgage amount: $223,443.00
2015 median mortgage amount: $245,050.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Feb 2015: $330,000.00 +1.5%
Mar 2015: $329,569.00 -0.1%
Apr 2015: $323,000.00 -2.0%
May 2015: $320,000.00 -0.9%
June 2015: $330,000.00 +3.1%
July 2015: $320,000.00 -3.1%
Aug 2015: $340,000.00 +6.3%
Sep 2015: $343,250.00 +1%
Oct 2015: $337,300.00 -1.7%
Nov 2015: $345,000.00 +2.3%
Dec 2015: $344,000.00 -0.3%
Jan 2016: $315,000.00 -8.4%
Feb 2016: $308,500.00 -2.1%
FORECLOSURE DEEDS
MONTH YTD
2016 20 38
2015 9 14
Chg. +122% +171%