Registry Recording Statistics May 2017
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MAY 2017
SALES VOLUME & VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2017 was up 8.9% from May 2016 volume and the total value of sales was up 26.7% from the previous year. The median individual property sale value was up 8.8% from the previous year. There was a 3.1% increase in the volume of mortgage activity from May 2016 levels.
Year to Date: Volume of Sales is up 4.8%; Total Value of Sales is up 10%; Individual Sales Value is up 6.6%; Mortgage Volume is down 0.8%.
Register Meade reports that there were 761 deeds recorded at the Barnstable Registry of Deeds in May 2017 with stated sales values above $50,000.00 representing a stated value of $395,534,476.00 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 2017 was $370,000.00.
There were 1,200 mortgages recorded with values above $50,000.00 in May 2017 with a total value of $415,078,351.00. The median mortgage amount, commercial, residential or other, was $255,000.00.
By way of comparison, 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.
REAL ESTATE ACTIVITY THROUGH MAY 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 2,902
2016 sales volume: 2,768
2017 total sales value: $1,388,534,073.00
2016 total sales value: $1,262,621,987.00
2017 median sales price: $346,347.00
2016 median sales price: $325,000.00
2017 mortgage volume: 5,220
2016 mortgage volume: 5,179
2017 total mortgage value: $1,856,605,073.00
2016 total mortgage value: $1,990,035.813.00
2017 median mortgage amount: $250,000.00
2016 median mortgage amount: $238,549.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Apr 2017: $350,000.00 +6.0%
May 2017: $370,000.00 +5.7%
FORECLOSURE DEEDS
MONTH YTD
2017 19 112
2016 18 115
Chg. +5.6% -2.6%
