Registry Recording Statistics March 2016
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2016
SALES VOLUME RISES & VALUE CONTINUES TO FALL!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2016 was up 30.5% from March 2015 volume and the total value of sales was up 20.9% from the previous year. The median individual property sale value was down 9% from the previous year. There was a 1.8% decrease in the volume of mortgage activity from March 2015 levels.
Year to Date: Volume of Sales is up 21.8%; Total Value of Sales is up 20.1%; Individual Sales Value is down 6.2%; Mortgage Volume is up 5.6%.
Register Meade reports that there were 548 deeds recorded at the Barnstable Registry of Deeds in March 2016 with stated sales values above $50,000.00 representing a stated value of $249,837,500.00 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 was $300,000.00.
There were 1,101 mortgages recorded with values above $50,000.00 in March with a total value of $408,204,320.00. The median mortgage amount, commercial, residential or other, was $238,010.00.
By way of comparison, there were 420 deeds recorded at the Barnstable Registry of Deeds in March 2015 with stated sales values above $50,000.00 representing a stated value of $206,676,179.00 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 was $329,569.00.
There were 1,121 mortgages recorded with values above $50,000.00 in March with a total value of $415,129,090.00. The median mortgage amount, commercial, residential or other, was $250,000.00.
REAL ESTATE ACTIVITY THROUGH MARCH 2016
AS COMPARED TO THE SAME PERIOD IN 2015.
All figures are based on sales or mortgages ABOVE $50,000.00.
2016 sales volume: 1,411
2015 sales volume: 1,159
2016 total sales value: $651,568,199.00
2015 total sales value: $542,513,521.00
2016 median sales price: $308,000.00
2015 median sales price: $328,500.00
2016 mortgage volume: 2,948
2015 mortgage volume: 2,793
2016 total mortgage value: $1,003,348.869.00
2015 total mortgage value: $1,069,476,051.00
2016 median mortgage amount: $228,500.00
2015 median mortgage amount: $248,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2016: $300,000.00 -2.8%
FORECLOSURE DEEDS
MONTH YTD
2016 34 72
2015 10 24
Chg. +240% +200%