Cape Cod Real Estate News

11

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2015
SALES VOLUME DOWN & SALES VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2015 was down 3.1% from February 2014 volume and the total value of sales was up 1.7% from the previous year.  The median individual property sale value was up 10.7% from the previous year.  There was a 36.1% increase in the volume of mortgage activity from February 2014 levels.

 

Year to Date: Volume of Sales is down 1.6%; Total Value of Sales is down 2.9%; Individual Sales Value is up 5%; Mortgage Volume is up 17.6%.

 

Register Meade reports that there were 343 deeds recorded at the Barnstable Registry of Deeds in February 2015 with stated sales values above $50,000.00 representing a stated value of $162,222,007.00 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 was $330,000.00.

 

There were 869 mortgages recorded with values above $50,000.00 in February with a total value of $376,045,274.00.  The median mortgage amount, commercial, residential or other, was $254,250.00.

 

By way of comparison, there were 354 deeds recorded at the Barnstable Registry of Deeds in February 2014 with stated sales values above $50,000.00 representing a stated value of $159,588,379.00 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 was $298,000.00.

 

There were 634 mortgages recorded with values above $50,000.00 in February with a total value of $240,617,735.00.  The median mortgage amount, commercial, residential or other, was $225,000.00.

 

 

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2015

AS COMPARED TO THE SAME PERIOD IN 2014.

 

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

 

2015 sales volume: 739

2014 sales volume: 751

 

2015 total sales value:  $335,837,343.00

2014 total sales value:  $345,779,231.00

 

2015 median sales price: $328,000.00

2014 median sales price: $312,500.00

 

2015 mortgage volume: 1,672

2014 mortgage volume: 1,422

 

2015 total mortgage value:  $654,346,961.00

2014 total mortgage value:  $509,989,712.00

 

2015 median mortgage amount:  $245,050.00

2014 median mortgage amount:  $225,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Jan          2015:     $325,000.00                                  -6.5% 

Feb          2015:     $330,000.00                                +1.5%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2015    9                                  14                                                                                                       

2014    21                                32

Chg.    -57%                           -56%

 

Posted in: Registry of Deeds

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