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Report of Barnstable County Real Estate Activity | September 2021 | Sales Volume Dips While Individual Value Rises

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, Registrar

David B. Murphy, Assistant Register

Kathleen Grenier, Executive Administrative Assistant


REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF SEPTEMBER 2021

SALES VOLUME DIPS & INDIVIDUAL VALUE RISES

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in September 2021 was down 20.7% from September 2020 volume and the total value of sales was down 9.6% from the previous year.  The median individual property sale value was up 14.4% from the previous year.  There was a 1.7% decrease in the volume of mortgage activity from September 2020 levels.

Year to Date: Volume of Sales is up 8.6%; Total Value of Sales is up 29.1%; Individual Sales Value is up 16.7%; Mortgage Volume is up 23.2%.

Register Meade reports that there were 783 deeds recorded at the Barnstable Registry of Deeds in September 2021 with stated sales values above $50,000.00 representing a stated value of $564,629,648.00 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 September 2021 was $537,500.00.

There were 1,785 mortgages recorded with values above $50,000.00 in September 2021 with a total value of $853,873,402.00.  The median mortgage amount, commercial, residential or other, was $330,000.00.

By way of comparison there were 987 deeds recorded at the Barnstable Registry of Deeds in September 2020 with stated sales values above $50,000.00 representing a stated value of $624,829,464.00 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 September 2020 was $470,000.00.

There were 1,815 mortgages recorded with values above $50,000.00 in September 2020 with a total value of $730,796,337.00.  The median mortgage amount, commercial, residential or other, was $319,500.00.

REAL ESTATE ACTIVITY THROUGH SEPTEMBER 2021

AS COMPARED TO THE SAME PERIOD IN 2020. 

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

2021 sales volume: 6,297

2020 sales volume: 5,800

2021 total sales value: $4,390,966,914.00

2020 total sales value: $3,401,942,251.00

2021 median sales price: $500,000.00

2020 median sales price: $428,500.00

2021 mortgage volume: 16,788

2020 mortgage volume: 13,629

2021 total mortgage value:  $6,992,303,959.00

2020 total mortgage value:  $5,455,922,130.00

2021 median mortgage amount: $310,000.00

2020 median mortgage amount: $300,000.00

 TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                               Value                                  % Differential/prior month

Sep              2020:      $470,000.00                                    +3.3%

Oct              2020:      $475,000.00                                    +1.1%

Nov             2020:      $493,500.00                                    +3.9%     

Dec              2020:      $475,000.00                                    -3.7%

Jan              2021:      $440,000.00                                    -7.4%

Feb              2021:      $459,950.00                                    +4.5%

Mar             2021:      $470,000.00                                    +2.2%

Apr              2021:      $519,950.00                                   +10.6%

May             2021:      $519,000.00                                    -0.2%

June             2021:      $515,000.00                                    -0.6%

July              2021:      $511,000.00                                   -0.8%

Aug              2021:      $527,500.00                                    +3.2%

Sep               2021:      $537,500.00                                    +1.9%

 

FORECLOSURE DEEDS

MONTH                               YTD               

2021    5                                  29

2020    6                                  78       

Chg.  -16.7%                          -63%