February 2020 Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2020
SALES VOLUME DIPS AND VALUE RISES!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2020 was down 9.1% from February 2019 volume and the total value of sales was down 2.4% from the previous year. The median individual property sale value was up 6.2% from the previous year. There was a 45.8% increase in the volume of mortgage activity from February 2019 levels.
Year to Date: Volume of Sales is up 5.1%; Total Value of Sales is up 0.04%; Individual Sales Value is up 6.5%; Mortgage Volume is up 53%.
There were 1,022 mortgages recorded with values above $50,000.00 in February 2019 with a total value of $367,624,776.00. The median mortgage amount, commercial, residential or other, was $284,350.00.
By way of comparison, there were 397 deeds recorded at the Barnstable Registry of Deeds in February 2019 with stated sales values above $50,000.00 representing a stated value of $205,533,450.00 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 2019 was $353,000.00.
There were 701 mortgages recorded with values above
$50,000.00 in February
2019 with a total value of $259,245,760.00. The median
mortgage amount, commercial, residential or other, was $257,535.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2020
AS COMPARED TO THE SAME PERIOD IN 2019.
All figures are based on sales or mortgages ABOVE $50,000.00.
2020 sales volume: 902
2019 sales volume: 858
2020 total sales value: $470,066,156.00
2019 total sales value: $469,855,661.00
2020 median sales price: $375,000.00
2019 median sales price: $352,250.00
2020 mortgage volume: 2,259
2019 mortgage volume: 1,481
2020 total mortgage value: $794,062,380.00
2019 total mortgage value: $528,828,348.00
2019 median mortgage amount: $284,900.00
2020 median mortgage amount: $257,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Nov 2019: $390,000.00 +1.3%
Dec 2019: $375,000.00 -3.8%
Jan 2020: $375,000.00 0%
Feb 2020: $375,000.00 0%
FORECLOSURE DEEDS
MONTH YTD
2020 21 32
2019 10 25
Chg. +110% +28%