image of barnstable county courthouse

Report of Barnstable County Real Estate Activity for the Month of November 2020

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

 

SALES VOLUME & VALUE REMAIN STRONG!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2020 was up 34% from November 2019 volume and the total value of sales was up 66.5% from the previous year.  The median individual property sale value was up 26.5% from the previous year.  There was a 26.5% increase in the volume of mortgage activity from November 2019 levels.

Year to Date: Volume of Sales is up 11%; Total Value of Sales is up 26%; Individual Sales Value is up 13.6%; Mortgage Volume is up 44.8%.

Register Meade reports that there were 800 deeds recorded at the Barnstable Registry of Deeds in November 2020 with stated sales values above $50,000.00 representing a stated value of $526,879,120.00 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 2020 was $493,500.00.

There were 1,891 mortgages recorded with values above $50,000.00 in November 2020 with a total value of $721,775,412.00.  The median mortgage amount, commercial, residential or other, was $308,500.00.

By way of comparison, that there were 597 deeds recorded at the Barnstable Registry of Deeds in November 2019 with stated sales values above $50,000.00 representing a stated value of $316,347,948.00 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 2019 was $390,000.00.

There were 1,311 mortgages recorded with values above $50,000.00 in November 2019 with a total value of $464,710,068.00.  The median mortgage amount, commercial, residential or other, was $282,400.00.

 

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

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

2020 sales volume: 7,585

2019 sales volume: 6,834

2020 total sales value: $4,587,089,909.00

2019 total sales value: $3,646,100,823.00

2020 median sales price: $437,200.00

2019 median sales price: $385,000.00

2020 mortgage volume: 17,579

2019 mortgage volume: 12,142

2020 total mortgage value:  $6,980,592,777.00

2019 total mortgage value:  $4,782,078,362.00

2020 median mortgage amount: $301,641.00

2019 median mortgage amount: $285,000.00

 TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                                           % Differential/prior month

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%

Nov             2020:      $493,500.00                                    +3.9%     

 

FORECLOSURE DEEDS

 

MONTH                     YTD              

2020    5                       85

2019    9                      127     

Chg.    -44.4%