October 2020 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF OCTOBER 2020
SALES VOLUME & VALUE CONTINUE TO CLIMB!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2020 was up 38% from October 2019 volume and the total value of sales was up 86% from the previous year. The median individual property sale value was up 23.3% from the previous year. There was a 28.7% increase in the volume of mortgage activity from October 2019 levels.
Year to Date: Volume of Sales is up 8.8%; Total Value of Sales is up 21.9%; Individual Sales Value is up 12.7%; Mortgage Volume is up 44.8%.
There were 2,059 mortgages recorded with values above $50,000.00 in October 2020 with a total value of $802,895,234.00. The median mortgage amount, commercial, residential or other, was $313,500.00.
By way of comparison, 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.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2020
AS COMPARED TO THE SAME PERIOD IN 2019.
All figures are based on sales or mortgages ABOVE $50,000.00.
2020 sales volume: 6,785
2019 sales volume: 6,237
2020 total sales value: $4,060,210,789.00
2019 total sales value: $3,329,752,875.00
2020 median sales price: $434,025.00
2019 median sales price: $385,000.00
2020 mortgage volume: 15,688
2019 mortgage volume: 10,831
2020 total mortgage value: $6,258,817,365.00
2019 total mortgage value: $4,317,368,294.00
2020 median mortgage amount: $301,000.00
2020 median mortgage amount: $285,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Apr 2020: $400,500.00 -1.4%
May 2020: $399,000.00 -0.4%
June 2020: $420,000.00 +5.3%
July 2020: $455,000.00 +8.3%
Aug 2020: $455,000.00 0%
Sep 2020: $470,000.00 +3.3%
Oct 2019: $475,000.00 +1.1%
FORECLOSURE DEEDS
MONTH YTD
2020 2 80
2019 16 118
Chg. -87.5% -32.2%