Cape Cod Real Estate News

09

JOHN F. MEADE, REGISTER OF DEEDS 
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF APRIL 2015

SALES VOLUME DIPS & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2015 was down 15.5% from April 2014 volume and the total value of sales was up 9.6% from the previous year.  The median individual property sale value was up 4% from the previous year.  There was a 22.7% increase in the volume of mortgage activity from April 2014 levels.

 

Year to Date: Volume of Sales is down 4.4%; Total Value of Sales is up 2.7%; Individual Sales Value is up 5.4%; Mortgage Volume is up 27.3%.

 

Register Meade reports that there were 452 deeds recorded at the Barnstable Registry of Deeds in April 2015 with stated sales values above $50,000.00 representing a stated value of $247,144,922.00 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 April was $323,000.00.

 

There were 1,081 mortgages recorded with values above $50,000.00 in April with a total value of $360,778,196.00.  The median mortgage amount, commercial, residential or other, was $248,000.00.

 

By way of comparison, there were 535 deeds recorded at the Barnstable Registry of Deeds in April 2014 with stated sales values above $50,000.00 representing a stated value of $225,487,768.00 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 April was $310,617.00.

 

There were 881 mortgages recorded with values above $50,000.00 in April with a total value of $272,011,736.00.  The median mortgage amount, commercial, residential or other, was $220,000.00.

 

REAL ESTATE ACTIVITY THROUGH APRIL 2015

AS COMPARED TO THE SAME PERIOD IN 2014.

 

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

 

2015 sales volume: 1,611

2014 sales volume: 1,686

 

2015 total sales value:  $789,658,443.00

2014 total sales value:  $768,640,303.00

 

2015 median sales price: $326,625.00

2014 median sales price: $310,000.00

 

2015 mortgage volume: 3,874

2014 mortgage volume: 3,043

 

2015 total mortgage value:  $1,430,254,247.00

2014 total mortgage value:  $1,042,882,076.00

 

2015 median mortgage amount:  $248,000.00

2014 median mortgage amount:  $222,300.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Mar         2015:     $329,569.00                                 -0.1%

Apr          2015:     $323,000.00                                -2.0%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2015    12                                36                                                                                                       

2014    12                                53

Chg.    0%                              -31.1%

Posted in: Registry of Deeds

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