Barnstable County is working for you.

Real Estate Activity in Barnstable County | October 2020

By on November 18, 2020 in Press Releases, Recent News

COMMONWEALTH OF MASSACHUSETTS BARNSTABLE COUNTY REGISTRY OF DEEDS

P.O. BOX 368

BARNSTABLE, MASSACHUSETTS 02630

Telephone 508-362-7733

Fax 508-362-1917

JOHN F. MEADE, REGISTER OF DEEDS

David B. Murphy Assistant Register

Kathleen Grenier Executive Administrative Assistant

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF OCTOBER 2020

SALES VOLUME & VALUE CONTINUE TO CLIMB!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2020 was up 38% from October 2019 volume and the total value of sales was up 86% from the previous year.  The median individual property sale value was up 23.3% from the previous year.  There was a 28.7% increase in the volume of mortgage activity from October 2019 levels.

Year to Date: Volume of Sales is up 8.8%; Total Value of Sales is up 21.9%; Individual Sales Value is up 12.7%; Mortgage Volume is up 44.8%.

Register Meade reports that there were 985 deeds recorded at the Barnstable Registry of Deeds in October 2020 with stated sales values above $50,000.00 representing a stated value of $658,268,538.00 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 October 2020 was $475,000.00.

There were 2,059 mortgages recorded with values above $50,000.00 in October 2020 with a total value of $802,895,234.00.  The median mortgage amount, commercial, residential or other, was $313,500.00.

By way of comparison, that there were 714 deeds recorded at the Barnstable Registry of Deeds in October 2019 with stated sales values above $50,000.00 representing a stated value of $353,874,928.00 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 October 2019 was $385,000.00.

There were 1,600 mortgages recorded with values above $50,000.00 in October 2019 with a total value of $582,892,083.00.  The median mortgage amount, commercial, residential or other, was $289,642.00.

REAL ESTATE ACTIVITY THROUGH OCTOBER 2020 AS COMPARED TO THE SAME PERIOD IN 2019

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

2020 sales volume: 6,785

2019 sales volume: 6,237

2020 total sales value: $4,060,210,789.00

2019 total sales value: $3,329,752,875.00

2020 median sales price: $434,025.00

2019 median sales price: $385,000.00

2020 mortgage volume: 15,688

2019 mortgage volume: 10,831

2020 total mortgage value:  $6,258,817,365.00

2019 total mortgage value:  $4,317,368,294.00

2019 median mortgage amount: $301,000.00

2020 median mortgage amount: $285,000.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                                        % Differential/prior month

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%

Feb             2020:      $375,000.00                                      0%

Mar            2020:      $406,000.00                                    +8.3%

Apr             2020:      $400,500.00                                    -1.4%

May            2020:      $399,000.00                                    -0.4%

June            2020:      $420,000.00                                    +5.3%

July             2020:      $455,000.00                                   +8.3%

Aug             2020:      $455,000.00                                      0%

Sep              2020:      $470,000.00                                    +3.3%

Oct              2020:      $475,000.00                                    +1.1%

 

FORECLOSURE DEEDS

MONTH                                YTD              

2020    2                                  80

2019    16                                118     

Chg.    -87.5%                    -32.2%

Tags:

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Top