July 2019 Real Estate Transactions

Mortgage volume jumps...

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JULY 2019

MORTGAGE VOLUME JUMPS!

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%; 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.  Themedian 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

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%


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