Cape Cod Real Estate News

11

SALES VOLUME DIPS AND VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2020 was down 9.1% from February 2019 volume and the total value of sales was down 2.4% from the previous year.  The median individual property sale value was up 6.2% from the previous year.  There was a 45.8% increase in the volume of mortgage activity from February 2019 levels.

Year to Date: Volume of Sales is up 5.1%; Total Value of Sales is up 0.04%; Individual Sales Value is up 6.5%; Mortgage Volume is up 53%.

Register Meade reports that there were 361 deeds recorded at the Barnstable Registry of Deeds in February 2020 with stated sales values above $50,000.00 representing a stated value of $200,527,931.00 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 2020 was $375,000.00.

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Posted in: Registry of Deeds

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