January 2020 Real Estate Transactions

Sales and mortgage volume rise...

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JANUARY 2020

SALES &MORTGAGE VOLUME RISE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2020 was up 17.4% from January 2019 volume and the total value of sales was up 2% from the previous year.  The median individual property sale value was up 6.8% from the previous year.  There was a 59% increase in the volume of mortgage activity from January 2019 levels.

Year to Date: Volume of Sales is up 17.4%; Total Value of Sales is up 2%; Individual Sales Value is up 6.8%; Mortgage Volume is up 59%.

Register Meade reports that there were 541 deeds recorded at the Barnstable Registry of Deeds in January 2020 with stated sales values above $50,000.00 representing a stated value of $269,538,225.00 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 January 2020 was $375,000.00.

There were 1,237 mortgages recorded with values above $50,000.00 in January 2019 with a total value of $426,437,604.00.  The median mortgage amount, commercial, residential or other, was $284,900.00.

By way of comparison, there were 461 deeds recorded at the Barnstable Registry of Deeds in January 2019 with stated sales values above $50,000.00 representing a stated value of $264,322,212.00 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 January 2019 was $351,000.00.

There were 780 mortgages recorded with values above $50,000.00 in January 2019 with a total value of $269,582,587.00.  The median mortgage amount, commercial, residential or other, was $255,445.00.

REAL ESTATE ACTIVITY THROUGH JANUARY 2020

AS COMPARED TO THE SAME PERIOD IN 2019.

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

2020 sales volume: 541

2019 sales volume: 461

2020 total sales value: $269,538,225.00

2019 total sales value: $264,322,212.00

2020 median sales price: $375,000.00

2019 median sales price: $351,000.00

2020 mortgage volume: 1,237

2019 mortgage volume: 780

2020 total mortgage value:  $426,437,604.00

2019 total mortgage value:  $269,582,587.00

2019 median mortgage amount: $284,900.00

2020 median mortgage amount: $255,445.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

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%

Aug            2019:      $399,000.00                                     +3.6%

Sep             2019:      $399,000.00                                      0.0%

Oct             2019:      $385,000.00                                    -3.5%

Nov            2019:      $390,000.00                                    +1.3%

Dec             2019:      $375,000.00                                    -3.8%

Jan             2020:      $375,000.00                                      0%

FORECLOSURE DEEDS

MONTH                     YTD              

2020    11                                11

2019    15                                15       

Chg.    -27%                           -27%


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