Cape Cod Real Estate News

10

SALES VOLUME & VALUE RISE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2016 was up 3.9% from December 2015 volume and the total value of sales was up 4.7% from the previous year.  The median individual property sale value was up 1.8% from the previous year.  There was a 16.8% increase in the volume of mortgage activity from December 2015 levels.

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF DECEMBER 2016

Register Meade reports that there were 665 deeds recorded at the Barnstable Registry of Deeds in December 2016 with stated sales values above $50,000.00 representing a stated value of $328,537,981.00 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 $350,000.00.

 

There were 1,316 mortgages recorded with values above $50,000.00 in December with a total value of $472,498,509.00.  The median mortgage amount, commercial, residential or other, was $259,691.00.

 

By way of comparison, Register Meade reports that there were 640 deeds recorded at the Barnstable Registry of Deeds in December 2015 with stated sales values above $50,000.00 representing a stated value of $313,715,661.00 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 $344,000.00.

 

There were 1,127 mortgages recorded with values above $50,000.00 in December with a total value of $548,345,020.00.  The median mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH DECEMBER 2016

AS COMPARED TO THE SAME PERIOD IN 2015.

 

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

 

2016 sales volume: 7,679

2015 sales volume: 6,925

 

2016 total sales value: $3,642,055,037.00

2015 total sales value: $3,212,691,410.00

 

2016 median sales price: $340,000.00

2015 median sales price: $330,000.00

 

2016 mortgage volume: 13,983

2015 mortgage volume: 12,413

 

2016 total mortgage value:  $5,125,829,612.00

2015 total mortgage value:  $4,565,877,712.00

 

2016 median mortgage amount: $250,000.00

2015 median mortgage amount: $248,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Dec           2015:     $344,000.00                                -0.3%

Jan           2016:     $315,000.00                                 -8.4% 

Feb           2016:     $308,500.00                                -2.1%

Mar          2016:     $300,000.00                                -2.8%

Apr           2016:     $336,042.00                               +12.0%

May          2016:     $340,000.00                               +1.2%

June          2016:     $350,000.00                               +2.9%

July          2015:      $338,500.00                               -3.3%

Aug          2016:      $334,025.00                                -1.3%

Sep           2016:      $350,000.00                                +4.8%

Oct           2016:      $360,000.00                                +2.9%

Nov          2016:      $360,000.00                                    0%

Dec           2016:      $350,000.00                                 -2.8%

 

 

FORECLOSURE DEEDS

MONTH                     YTD              

2016    16                                262

2015    15                                153

Chg.    +6.7%                       +71.2%

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Posted in: Registry of Deeds

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