SALES VOLUME & VALUE RISE
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2017 was up 5.4% from August 2016 volume and the total value of sales was up 10.4% from the previous year. The medianindividual property sale value was up 1.8% from the previous year. There was an 8.4% decrease in the volume of mortgage activity from August 2016 levels.
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2017
SALES VOLUME & VALUE RISE.
Year to Date: Volume of Sales is up 5%; Total Value of Sales is up 7.7%; Individual Sales Value is up 5.8%; Mortgage Volume is down 3.4%.
Register Meade reports that there were 722 deeds recorded at the Barnstable Registry of Deeds in August 2017 with stated sales values above $50,000.00 representing a stated value of $327,001,447.00 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 August 2017 was $340,000.00.
There were 1,095 mortgages recorded with values above $50,000.00 in August 2017 with a total value of $391,764,717.00. The median mortgage amount, commercial, residential or other, was $250,400.00.
By way of comparison, there were 685 deeds recorded at the Barnstable Registry of Deeds in August 2016 with stated sales values above $50,000.00 representing a stated value of $296,191,204.00 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 August was $334,025.00.
There were 1,196 mortgages recorded with values above $50,000.00 in August with a total value of $404,848,076.00. Themedian mortgage amount, commercial, residential or other, was $250,000.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2017
AS COMPARED TO THE SAME PERIOD IN 2016.
All figures are based on sales or mortgages ABOVE $50,000.00.
2017 sales volume: 5,167
2016 sales volume: 4,921
2017 total sales value: $2,438,771,241.00
2016 total sales value: $2,263,732,260.00
2017 median sales price: $350,000.00
2016 median sales price: $330,900.00
2017 mortgage volume: 8,461
2016 mortgage volume: 8,761
2017 total mortgage value: $3,019,771,240.00
2016 total mortgage value: $3,190,359,326.00
2017 median mortgage amount: $250,000.00
2016 median mortgage amount: $245,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Jan 2017: $340,000.00 -2.9%
Feb 2017: $335,000.00 -1.5%
Mar 2017: $330,000.00 -1.5%
Apr 2017: $350,000.00 +6.0%
May 2017: $370,000.00 +5.7%
June 2017: $360,000.00 -2.7%
July 2017: $355,000.00 -1.4%
Aug 2017: $340,000.00 -4.2%
FORECLOSURE DEEDS
MONTH YTD
2017 19 172
2016 35 176
Chg. -45.7% -2.3%