Real Estate Activity in Barnstable County | October 2020
COMMONWEALTH OF MASSACHUSETTS BARNSTABLE COUNTY REGISTRY OF DEEDS
P.O. BOX 368
BARNSTABLE, MASSACHUSETTS 02630
Telephone 508-362-7733
Fax 508-362-1917
JOHN F. MEADE, REGISTER OF DEEDS
David B. Murphy Assistant Register
Kathleen Grenier Executive Administrative Assistant
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%.
Register Meade reports that there were 985 deeds recorded at the Barnstable Registry of Deeds in October 2020 with stated sales values above $50,000.00 representing a stated value of $658,268,538.00 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 2020 was $475,000.00.
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
2019 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
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%
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 2020: $475,000.00 +1.1%
FORECLOSURE DEEDS
MONTH YTD
2020 2 80
2019 16 118
Chg. -87.5% -32.2%
