Cape Cod Real Estate News

13

SALES VOLUME DROPS AND INDIVIDUAL SALES VALUE RISES!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2020 was down 24.3% from April 2019 volume and the total value of sales was down 14.1% from the previous year.  The median individual property sale value was up 5.7% from the previous year.  There was a 36.5% increase in the volume of mortgage activity from April 2019 levels.

Year to Date: Volume of Sales is down 3.6%; Total Value of Sales is down 1.4%; Individual Sales Value is up 6.8%; Mortgage Volume is up 49.3%.

Register Meade reports that there were 470 deeds recorded at the Barnstable Registry of Deeds in April 2020 with stated sales values above $50,000.00 representing a stated value of $266,131,541.00 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 2020 was $400,500.00.

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Posted in: Registry of Deeds

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