Cape Cod Real Estate News

06

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF DECEMBER 2014

SALES VOLUME & VALUE END YEAR ON HIGH NOTE!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2014 was up 12.8% from December 2013 volume and the total value of sales was up 26.7% from the previous year.  The median individual property sale value was up 15.8% from the previous year.  There was a 17.3% increase in the volume of mortgage activity from December2013 levels.

 

Year to Date: Volume of Sales is up 0.2%; Total Value of Sales is up 7.5%; Individual Sales Value is up 3.2%; Mortgage Volume is down 31.2%.

 

Register Meade reports that there were 590 deeds recorded at the Barnstable Registry of Deeds in December 2014 with stated sales values above $50,000.00 representing a stated value of$290,879,646.00 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 December was $347,450.00.

 

There were 1,134 mortgages recorded with values above $50,000.00 in December with a total value of $439,250,921.00.  The median mortgage amount, commercial, residential or other, was$232,000.00.

 

By way of comparison, there were 523 deeds recorded at the Barnstable Registry of Deeds in December 2013 with stated sales values above $50,000.00 representing a stated value of $230,348,880.00 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 December was $300,000.00.

 

There were 967 mortgages recorded with values above $50,000.00 in December with a total value of $370,380,179.00.  The median mortgage amount, commercial, residential or other, was $236,000.00.


REAL ESTATE ACTIVITY THROUGH DECEMBER 2014

AS COMPARED TO THE SAME PERIOD IN 2013.

 

All figures are based on sales or mortgages ABOVE $50,000.00.

 

2014 sales volume: 6,672

2013 sales volume: 6,660

 

2014 total sales value:  $3,160,422,003.00

2013 total sales value:  $2,939,337,043.00

 

2014 median sales price: $325,000.00

2013 median sales price: $315,000.00

 

2014 mortgage volume: 10,911

2013 mortgage volume: 15,989

 

2014 total mortgage value:  $3,721,559,887.00

2013 total mortgage value:  $4,908,086,238.00

 

2014 median mortgage amount:  $229,081.00

2013 median mortgage amount:  $227,130.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Dec          2013:     $300,000.00                                 -5.4%  

Jan          2014:     $328,000.00                                 +9.3%

Feb          2014:     $298,000.00                                -9.1%

Mar         2014:     $297,000.00                               -0.34%

Apr         2014:      $310,617.00                                +4.6%

May        2014:      $329,000.00                                +5.9% 

June        2014:      $332,000.00                                +0.9%

July         2014:     $305,000.00                                  -8.1%

Aug         2014:     $343,500.00                                +12.6%

Sep          2014:     $329,000.00                                  -4.2%

Oct          2014:     $325,000.00                                 -1.2%

Nov         2014:     $324,334.00                                 -0.2%

Dec          2014:     $347,450.00                                 +7.1%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2014    13                                135                                                                                                     

2013    10                                171

Chg.    +30%                          -21%

Posted in: Registry of Deeds

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