March 2020 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2020
SALES VOLUME AND VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2020 was up 6% from March 2019 volume and the total value of sales was up 10.1% from the previous year. The median individual property sale value was up 9.7% from the previous year. There was a 59% increase in the volume of mortgage activity from March 2019 levels.
Year to Date: Volume of Sales is up 5.5%; Total Value of Sales is up 3.9%; Individual Sales Value is up 8.2%; Mortgage Volume is up 55%.
There were 1,376 mortgages recorded with values above $50,000.00 in March 2020 with a total value of $527,104,991.00. The median mortgage amount, commercial, residential or other, was $300,000.00.
By way of comparison, there were 549 deeds recorded at the Barnstable Registry of Deeds in March 2019 with stated sales values above $50,000.00 representing a stated value of $285,573,717.00 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 2019 was $370,000.00.
There were 865 mortgages recorded with values above
$50,000.00 in March 2019 with a
total value of $297,309,462.00.
The median mortgage
amount, commercial, residential or other, was $265,000.00.
REAL ESTATE ACTIVITY THROUGH MARCH 2020
AS COMPARED TO THE SAME PERIOD IN 2019.
All figures are based on sales or mortgages ABOVE $50,000.00.
2020 sales volume: 1,484
2019 sales volume: 1,407
2020 total sales value: $784,563,273.00
2019 total sales value: $755,429,378.00
2020 median sales price: $388,500.00
2019 median sales price: $359,000.00
2020 mortgage volume: 3,635
2019 mortgage volume: 2,346
2020 total mortgage value: $1,321,167,371.00
2019 total mortgage value: $826,137,809.00
2019 median mortgage amount: $291,000.00
2020 median mortgage amount: $260,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2020: $406,000.00 +8.3%
FORECLOSURE DEEDS
MONTH YTD
2020 8 40
2019 19 44
Chg. -58% -9.1%