Registry Recording Statistics February 2017
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2017
SALES VOLUME DIPS & VALUE RISES!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2017 was down 15.2% from February 2016 volume and the total value of sales was down 9% from the previous year. The median individual property sale value was up 8.6% from the previous year. There was a 11.2% decrease in the volume of mortgage activity from February 2016 levels.
Year to Date: Volume of Sales is up 1.3%; Total Value of Sales is up 1.7%; Individual Sales Value is up 8.8%; Mortgage Volume is up 5.4%.
Register Meade reports that there were 364 deeds recorded at the Barnstable Registry of Deeds in February 2017 with stated sales values above $50,000.00 representing a stated value of $184,051,505.00 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 2017 was $335,000.00.
There were 842 mortgages recorded with values above $50,000.00 in February 2017 with a total value of $321,044,826.00. The median mortgage amount, commercial, residential or other, was $247,500.00.
By way of comparison, 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.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 874
2016 sales volume: 863
2017 total sales value: $408,750,391.00
2016 total sales value: $401,730,699.00
2017 median sales price: $340,000.00
2016 median sales price: $312,500.00
2017 mortgage volume: 1,946
2016 mortgage volume: 1,847
2017 total mortgage value: $684,479,098.00
2016 total mortgage value: $595,144,549.00
2017 median mortgage amount: $247,800.00
2016 median mortgage amount: $223,443.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
June 2016: $350,000.00 +2.9%
July 2015: $338,500.00 -3.3%
Aug 2016: $334,025.00 -1.3%
Sep 2016: $350,000.00 +4.8%
Oct 2016: $360,000.00 +2.9%
Nov 2016: $360,000.00 0%
Dec 2016: $350,000.00 -2.8%
Jan 2017: $340,000.00 -2.9%
Feb 2017: $335,000.00 -1.5%
FORECLOSURE DEEDS
MONTH YTD
2017 15 41
2016 20 38
Chg. -25% +8%
