July 2018 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 FOR THE MONTH OF JULY 2018

SALES VOLUME DIPS & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2018 was down 1.4% from July 2017 volume and the total value of sales was up 4.5% from the previous year.  The median individual property sale value was up 5.6% from the previous year.  There was an 8.9% decrease in the volume of mortgage activity from July 2017 levels.

 

Year to Date: Volume of Sales is down 4.1%; Total Value of Sales is up 0.1%; Individual Sales Value is up 5.7%; Mortgage Volume is down 7.3%.

 

Register Meade reports that there were 634 deeds recorded at the Barnstable Registry of Deeds in July 2018 with stated sales values above $50,000.00 representing a stated value of $317,099,878.00 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 July 2018 was $375,000.00.

 

There were 879 mortgages recorded with values above $50,000.00 in July 2018 with a total value of $611,076,204.00.  Themedian mortgage amount, commercial, residential or other, was $260,000.00.

 

By way of comparison, there were 643 deeds recorded at the Barnstable Registry of Deeds in July 2017 with stated sales values above $50,000.00 representing a stated value of $303,325,260.00 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 July 2017 was $355,000.00.

 

There were 965 mortgages recorded with values above $50,000.00 in July 2017 with a total value of $299,488,075.00.  Themedian mortgage amount, commercial, residential or other, was $250,000.00.

 

REAL ESTATE ACTIVITY THROUGH JULY 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

 

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

 

2018 sales volume: 4,264

2017 sales volume: 4,445

 

2018 total sales value: $2,113,191,048.00

2017 total sales value: $2,111,769,794.00

 

2018 median sales price: $370,000.00

2017 median sales price: $350,000.00

 

2018 mortgage volume: 6,826

2017 mortgage volume: 7,366

 

2018 total mortgage value:  $2,759,938,340.00

2017 total mortgage value:  $2,627,722,840.00

 

2018 median mortgage amount:  $262,000.00

2017 median mortgage amount:  $250,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Jan            2018:       $342,000.00                                    -6%

Feb            2018:      $363,500.00                                  +6.3%

Mar           2018:      $353,000.00                                   -2.9%

Apr            2018:      $370,000.00                                  +4.8%

May           2018:      $375,000.00                                  +1.4%

June           2018:      $385,000.00                                  +2.7%

July            2018:      $375,000.00                                  -2.6%

 

FORECLOSURE DEEDS

MONTH                                   YTD              

2018    24                                141                             

2017    22                                153     

Chg.    +9%                           -7.8%

 

 

*All Information Copied From Barnstable County Registry of Deeds

For more "Quick Stats" click on this link: Annual Report on the Cape Cod Housing Market