Registry Recording Statistics May 2016
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MAY 2016
SALES VOLUME & VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2016 was up 5.9% from May 2015 volume and the total value of sales was up 11.3% from the previous year. The median individual property sale value was up 6.3% from the previous year. There was a 0.4% increase in the volume of mortgage activity from May 2015 levels.
Year to Date: Volume of Sales is up 22.8%; Total Value of Sales is up 19.9%; Individual Sales Value is unchanged; Mortgage Volume is up 4.5%.
Register Meade reports that there were 699 deeds recorded at the Barnstable Registry of Deeds in May 2016 with stated sales values above $50,000.00 representing a stated value of $312,074,551.00 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 May was $340,000.00.
There were 1,164 mortgages recorded with values above $50,000.00 in May with a total value of $594,815,231.00. The median mortgage amount, commercial, residential or other, was $247,500.00.
By way of comparison, there were 660 deeds recorded at the Barnstable Registry of Deeds in May 2015 with stated sales values above $50,000.00 representing a stated value of $280,345,435.00 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 May was $320,000.00.
There were 1,159 mortgages recorded with values above $50,000.00 in May with a total value of $370,835,655.00. The median mortgage amount, commercial, residential or other, was $240,800.00.
REAL ESTATE ACTIVITY THROUGH MAY 2016
AS COMPARED TO THE SAME PERIOD IN 2015.
All figures are based on sales or mortgages ABOVE $50,000.00.
2016 sales volume: 2,790
2015 sales volume: 2,271
2016 total sales value: $1,272,202,212.00
2015 total sales value: $1,070,003,879.00
2016 median sales price: $325,000.00
2015 median sales price: $325,000.00
2016 mortgage volume: 5,260
2015 mortgage volume: 5,033
2016 total mortgage value: $2,000,748,672.00
2015 total mortgage value: $1,801,089,902.00
2016 median mortgage amount: $238,500.00
2015 median mortgage amount: $246,400.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Apr 2016: $336,042.00 +12.0%
May 2016: $340,000.00 +1.2%
FORECLOSURE DEEDS
MONTH YTD
2016 18 115
2015 13 49
Chg. +38% +134%