February 2018 Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2018
SALES VOLUME & VALUE CONTINUE TO CLIMB!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2018 was up 11.5% from February 2017 volume and the total value of sales was up 18.5% from the previous year. The median individual property sale value was up 8.5% from the previous year. There was a 6.8% decrease in the volume of mortgage activity from February 2017 levels.
Year to Date: Volume of Sales is up 6.8%; Total Value of Sales is up 15.5%; Individual Sales Value is up 2.9%; Mortgage Volume is down 9.4%.
Register Meade reports that there were 406 deeds recorded at the Barnstable Registry of Deeds in February 2018 with stated sales values above $50,000.00 representing a stated value of $218,104,226.00 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 2018 was $363,500.00.
There were 785 mortgages recorded with values above $50,000.00 in February 2018 with a total value of $300,840,305.00. The median mortgage amount, commercial, residential or other, was $250,000.00.
By way of comparison, 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.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2018
AS COMPARED TO THE SAME PERIOD IN 2017.
All figures are based on sales or mortgages ABOVE $50,000.00.
2018 sales volume: 933
2017 sales volume: 874
2018 total sales value: $472,294,038.00
2017 total sales value: $408,750,391.00
2018 median sales price: $350,000.00
2017 median sales price: $340,000.00
2018 mortgage volume: 1,763
2017 mortgage volume: 1,946
2018 total mortgage value: $639,291,588.00
2017 total mortgage value: $684,479,099.00
2018 median mortgage amount: $255,500.00
2017 median mortgage amount: $247,800.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
June 2017: $360,000.00 -2.7%
July 2017: $355,000.00 -1.4%
Aug 2017: $340,000.00 -4.2%
Sep 2017: $370,000.00 +8.8%
Oct 2017: $370,000.00 0%
Nov 2017: $355,000.00 -4%
Dec 2017: $364,000.00 +2.5%
Jan 2018: $342,000.00 -6%
Feb 2018: $363,500.00 +6.3%
FORECLOSURE DEEDS
MONTH YTD
2018 7 29
2017 15 41
Chg. -53.3% -29.3%