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%
