July 2019 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JULY 2019 

SALES VOLUME & VALUE RISE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2019 was down 2.5% from July 2018 volume and the total value of sales was up 3.5% from the previous year.  The median individual property sale value was up 2.7% from the previous year.  There was a 24.8% increase in the volume of mortgage activity from July 2018 levels.

 

Year to Date: Volume of Sales is down 1.7%; Total Value of Sales is up 5.0%; Individual Sales Value is up 2.7%; Mortgage Volume is down 0.8%.

 

Register Meade reports that there were 618 deeds recorded at the Barnstable Registry of Deeds in July 2019 with stated sales values above $50,000.00 representing a stated value of $328,110,176.00 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 2019 was $385,000.00.

 

There were 1,097 mortgages recorded with values above $50,000.00 in July 2019 with a total value of $408,579,484.00.  The median mortgage amount, commercial, residential or other, was $292,000.00.

 

By way of comparison, 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.  The median mortgage amount, commercial, residential or other, was $260,000.00.

 

REAL ESTATE ACTIVITY THROUGH JULY 2019

AS COMPARED TO THE SAME PERIOD IN 2018.

 

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

 

2019 sales volume: 4,191

2018 sales volume: 4,264

 

2019 total sales value: $2,218,949,667.00

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

 

2019 median sales price: $380,000.00

2018 median sales price: $370,000.00

 

2019 mortgage volume: 6,771

2018 mortgage volume: 6,826

 

2019 total mortgage value:  $2,502,287,559.00

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

 

2019 median mortgage amount:  $275,861.00

2018 median mortgage amount:  $262,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

 

May           2018:      $375,000.00                                  +1.4%

June           2018:      $385,000.00                                  +2.7%

July            2018:      $375,000.00                                  -2.6%

Aug            2018:      $373,500.00                                   -0.4%

Sep             2018:      $387,000.00                                  +3.6%

Oct             2018:      $406,000.00                                  +4.9%

Nov            2018:      $385,000.00                                    -5.2%

Dec             2018:      $350,000.00                                    -9%

Jan             2019:      $351,000.00                                    +0.3%

Feb             2019:      $353,000.00                                   +0.6%

Mar            2019:      $370,000.00                                   +4.8%

Apr            2019:       $379,000.00                                   +2.4%

May           2019:       $385,000.00                                   +1.6%

June           2019:      $406,000.00                                   +5.5%

July            2019:      $385,000.00                                    -5.2%

FORECLOSURE DEEDS

MONTH                                 YTD              

2019    14                              86

2018    24                             141       

Chg.    -42%                       -39%

 

 

*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