October 2019 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF OCTOBER 2019
SALES VALUE DIPS AND MORTGAGE VOLUME JUMPS!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2019 was down 1.5% from October 2018 volume and the total value of sales was down 14% from the previous year. The median individual property sale value was down 5.2% from the previous year. There was a 59% increase in the volume of mortgage activity from October 2018 levels.
Year to Date: Volume of Sales is down 1.2%; Total Value of Sales is up 3.3%; Individual Sales Value is up 2.7%; Mortgage Volume is up 11.6%.
Register Meade reports that there were 714 deeds recorded at the Barnstable Registry of Deeds in October 2019 with stated sales values above $50,000.00 representing a stated value of $353,874,928.00 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 October 2019 was $385,000.00.
There were 1,600 mortgages recorded with values above $50,000.00 in October 2019 with a total value of $582,892,083.00. The median mortgage amount, commercial, residential or other, was $289,642.00.
By way of comparison, there were 725 deeds recorded at the Barnstable Registry of Deeds in October 2018 with stated sales values above $50,000.00 representing a stated value of $411,320,736.00 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 October 2018 was $406,000.00.
There were 1,007 mortgages
recorded with values above $50,000.00 in October
2018 with a total value of $353,356,450.00. The median
mortgage amount, commercial, residential or other, was $275,000.00.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2019
AS COMPARED TO THE SAME PERIOD IN 2018.
All figures are based on sales or mortgages ABOVE $50,000.00.
2019 sales volume: 6,237
2018 sales volume: 6,313
2019 total sales value: $3,329,752,875.00
2018 total sales value: $3,222,251,775.00
2019 median sales price: $385,000.00
2018 median sales price: $375,000.00
2019 mortgage volume: 10,831
2018 mortgage volume: 9,706
2019 total mortgage value: $4,317,368,294.00
2018 total mortgage value: $3,788,306,509.00
2019 median mortgage amount: $285,000.00
2018 median mortgage amount: $262,735.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Oct 2018: $406,000.00 +4.9%
Nov 2018: $385,000.00 -5.2%
Dec 2018: $350,000.00 -9%
Jan 2019: $351,000.00 +0.3%
Feb 2019: $353,000.00 +0.6%
Mar 2019: $370,000.00 +4.8%
Apr 2019: $379,000.00 +2.4%
May 2019: $385,000.00 +1.6%
June 2019: $406,000.00 +5.5%
July 2019: $385,000.00 -5.2%
Aug 2019: $399,000.00 +3.6%
Sep 2019: $399,000.00 0.0%
Oct 2019: $385,000.00 -3.5%
FORECLOSURE DEEDS
MONTH YTD
2019 16 118
2018 23 208
Chg. -30.4% -43.3%
