January 2019 Real Estate Transactions

Sales volume drops, value rises...

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2019 was down 12.5% from January 2018 volume and the total value of sales was up 1% from the previous year.  The medianindividual property sale value was up 2.6% from the previous year.  There was a 20% decrease in the volume of mortgage activity from January 2018 levels.

 

Year to Date: Volume of Sales is down 12.5%; Total Value of Sales is up 1%; Individual Sales Value is up 2.6%; Mortgage Volume is down 20%.

 

Register Meade reports that 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.

 

By way of comparison, there were 527 deeds recorded at the Barnstable Registry of Deeds in January 2018 with stated sales values above $50,000.00 representing a stated value of $254,189,812.00 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 2018 was $342,000.00.

 

There were 978 mortgages recorded with values above $50,000.00 in January 2018 with a total value of $338,451,283.00.  The median mortgage amount, commercial, residential or other, was $260,000.00.

 

 

REAL ESTATE ACTIVITY THROUGH JANUARY 2019

AS COMPARED TO THE SAME PERIOD IN 2018.

 

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

 

2019 sales volume: 461

2018 sales volume: 527

 

2019 total sales value: $264,322,212.00

2018 total sales value: $254,189,812.00

 

2019 median sales price: $351,000.00

2018 median sales price: $342,000.00

 

2019 mortgage volume: 780

2018 mortgage volume: 978

 

2019 total mortgage value:  $269,582,587.00

2018 total mortgage value:  $338,451,283.00

 

2019 median mortgage amount:  $255,445.00

2018 median mortgage amount:  $260,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Dec             2018:      $350,000.00                                    +0.3%

Jan             2019:      $351,000.00

 

FORECLOSURE DEEDS

MONTH                     YTD              

2019    15                                15

2018    22                                22       

Chg.    -31.8%                        -31.8%


CapeCodToday.com welcomes thoughtful comments and the varied opinions of our readers. We are in no way obligated to post or allow comments that our moderators deem inappropriate. We reserve the right to delete comments we perceive as profane, vulgar, threatening, offensive, racially-biased, homophobic, slanderous, hateful or just plain rude. Commenters may not attack or insult other commenters, readers or writers. Commenters who persist in posting inappropriate comments will be banned from commenting on CapeCodToday.com.