Registry Recording Statistics March 2017
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2017
SALES VOLUME & VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2017 was up 19.2% from March 2016 volume and the total value of sales was up 16.9% from the previous year. The median individual property sale value was up 10% from the previous year. There was a 5.4% decrease in the volume of mortgage activity from March 2016 levels.
Year to Date: Volume of Sales is up 8.2%; Total Value of Sales is up 7.6%; Individual Sales Value is up 8.8%; Mortgage Volume is up 1.4%.
Register Meade reports that there were 653 deeds recorded at the Barnstable Registry of Deeds in March 2017 with stated sales values above $50,000.00 representing a stated value of $292,085,068.00 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 2017 was $330,000.00.
There were 1,042 mortgages recorded with values above $50,000.00 in March 2017 with a total value of $384,260,177.00. The median mortgage amount, commercial, residential or other, was $250,000.00.
By way of comparison, 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.
REAL ESTATE ACTIVITY THROUGH MARCH 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 1,527
2016 sales volume: 1,411
2017 total sales value: $700,835,459.00
2016 total sales value: $651,568,199.00
2017 median sales price: $335,000.00
2016 median sales price: $308,000.00
2017 mortgage volume: 2,988
2016 mortgage volume: 2,948
2017 total mortgage value: $1,068,739,276.00
2016 total mortgage value: $1,003,348,869.00
2017 median mortgage amount: $250,000.00
2016 median mortgage amount: $228,500.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2017: $330,000.00 -1.5%
FORECLOSURE DEEDS
MONTH YTD
2017 33 74
2016 34 72
Chg. -2.9% +2.7%
