Cape Cod Real Estate News

12

SALES VOLUME & VALUE RISE!

JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JANUARY 2018

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2018 was up 3.3% from January 2017 volume and the total value of sales was up 13.1% from the previous year.  The median individual property sale value was up 0.6% from the previous year.  There was a 11.4% decrease in the volume of mortgage activity from January 2017 levels.

 

Year to Date: Volume of Sales is up 3.3%; Total Value of Sales is up 13.1%; Individual Sales Value is up 0.6%; Mortgage Volume is down 11.4%.

 

Register Meade reports that there were 527 deeds recorded at the Barnstable Registry of Deeds in January 2018 with stated sales values above $50,000.00 representing a stated value of $254,189,812.00 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 January 2018 was $342,000.00.

 

There were 978 mortgages recorded with values above $50,000.00 in January 2018 with a total value of $338,451,283.00.  The median mortgage amount, commercial, residential or other, was $260,000.00.

 

By way of comparison, there were 510 deeds recorded at the Barnstable Registry of Deeds in January 2017 with stated sales values above $50,000.00 representing a stated value of $224,698,886.00 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 January 2017 was $340,000.00.

There were 1,104 mortgages recorded with values above $50,000.00 in January 2017 with a total value of $363,434,273.00.  The median mortgage amount, commercial, residential or other, was $249,000.00.

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Posted in: Registry of Deeds

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