Cape Cod real estate figures for May show a drop in volume but a jump in value.
Barnstable County Register of Deeds, John Meade, says May’s real estate volume was down 5.5% from May of 2017 and the total value of sales was down 7.3% from a year ago. However, the median individual property sale value was up 1.4% from the previous year. May’s mortgage activity dropped 8.8% from the previous year.
The median sale price of property in Barnstable County in May 2018 was $375,000, an increase of $5,000 from May of 2017.