A Jump in County Real Estate Numbers for November

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2018 was up 9.6% from November 2017 volume and the total value of sales was up 19.1% from the previous year. The median individual property sale value was up +8.5% from the previous year. There was an 9.4% decrease in the volume of mortgage activity from November 2017 levels.

Year to Date: Volume of Sales is down 2.5%; Total Value of Sales is up 4.2%; Individual Sales Value is up 7.1%; Mortgage Volume is down 7.7%.

Register Meade reports that there were 719 deeds recorded at the Barnstable Registry of Deeds in November 2018 with stated sales values above $50,000.00 representing a stated value of $389,728,868.00 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 November 2018 was $385,000.00.

There were 986 mortgages recorded with values above $50,000.00 in November 2018 with a total value of $381,474,228.00. The median mortgage amount, commercial, residential or other, was $280,000.00.

By way of comparison, there were 656 deeds recorded at the Barnstable Registry of Deeds in November 2017 with stated sales values above $50,000.00 representing a stated value of $327,158,274.00 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 November 2017 was $355,000.00.

There were 1,088 mortgages recorded with values above $50,000.00 in November 2017 with a total value of $384,997,303.00. The median mortgage amount, commercial, residential or other, was $255,529.00.

REAL ESTATE ACTIVITY THROUGH NOVEMBER 2018

AS COMPARED TO THE SAME PERIOD IN 2017.

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

2018 sales volume: 7,032
2017 sales volume: 7,210

2018 total sales value: $3,611,980,643.00
2017 total sales value: $3,465,235,077.00

2018 median sales price: $375,000.00
2017 median sales price: $350,000.00

2018 mortgage volume: 10,692
2017 mortgage volume: 11,584

2018 total mortgage value: $4,169,780,737.00
2017 total mortgage value: $4,169,545,408.00

2018 median mortgage amount: $264,000.00
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

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%

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%

FORECLOSURE DEEDS

MONTH YTD

2018 12 220

2017 14 227

Chg. -14.3% -3.1%

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