Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2017 was down 0.9% from December 2016 volume and the total value of sales was up 3.9% from the previous year.  The median individual property sale value was up 4% from the previous year.  There was a 16.9% decrease in the volume of mortgage activity from December 2016 levels.

Year to Date: Volume of Sales is up 2.5%; Total Value of Sales is up 4.5%; Individual Sales Value is up 3.4%; Mortgage Volume is down 9.3%.

Register Meade reports that there were 659 deeds recorded at the Barnstable Registry of Deeds in December 2017 with stated sales values above $50,000.00 representing a stated value of $341,354,591.00 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 2017 was $364,000.00.

There were 1,093 mortgages recorded with values above $50,000.00 in December 2017 with a total value of $377,613,871.00.  The median mortgage amount, commercial, residential or other, was $264,000.00.

By way of comparison, 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.

REAL ESTATE ACTIVITY THROUGH DECEMBER 2017 AS COMPARED TO THE SAME PERIOD IN 2016.

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

 

2017 sales volume: 7,869

2016 sales volume: 7,679

 

2017 total sales value: $3,806,589,668.00

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

 

2017 median sales price: $351,600.00

2016 median sales price: $340,000.00

 

2017 mortgage volume: 12,677

2016 mortgage volume: 12,667

 

2017 total mortgage value:  $4,547,159,280.00

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

 

2017 median mortgage amount:  $250,381.00

2016 median mortgage amount:  $250,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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%

Sep            2017:      $370,000.00                                  +8.8%

Oct            2017:      $370,000.00                                      0%

Nov           2017:      $355,000.00                                     -4%

Dec            2017:      $364,000.00                                  +2.5%

FORECLOSURE DEEDS

MONTH                     YTD              

2017    19                                246                             

2016    16                                262     

Chg.    +18.8%                       -6.1%