Barnstable County Registry Report for December 2013

Barnstable Registry December 2013 Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF DECEMBER 2013

VOLUME & VALUE DROP!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2013 was down 26.9% from December 2012 volume and the total value of sales was down 46.4% from the previous year.  The median individual property sale value was down 10.2% from the previous year.  There was a 48.7% decrease in the volume of mortgage activity from December 2012 levels.

Year to Date: Volume of Sales is down 4.5%; Total Value of Sales is down 5.7%; Individual Sales Value is up 5%; Mortgage Volume is down 17.5%.

Register Meade reports that there were 523 deeds recorded at the Barnstable Registry of Deeds in December 2013 with stated sales values above $50,000.00 representing a stated value of $230,348,880.00 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 December was $300,000.00.

There were 967 mortgages recorded with values above $50,000.00 in December with a total value of $370,380,179.00.  The median mortgage amount, commercial, residential or other, was $236,000.00.

By way of comparison, there were 715 deeds recorded at the Barnstable Registry of Deeds in December 2012 with stated sales values above $50,000.00 representing a stated value of $429,576,008.00 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 December was $334,000.00.

There were 1,884 mortgages recorded with values above $50,000.00 in December with a total value of $634,028,900.00.  The median mortgage amount, commercial, residential or other, was $240,000.00.

  

REAL ESTATE ACTIVITY THROUGH DECEMBER 2013

AS COMPARED TO THE SAME PERIOD IN 2012.

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

2013 sales volume: 6,660

2012 sales volume: 6,977

2013 total sales value:  $2,939,337,043.00

2012 total sales value:  $3,118,098,649.00

2013 median sales price: $315,000.00

2012 median sales price: $300,000.00

2013 mortgage volume: 15,989

2012 mortgage volume: 19,381

2013 total mortgage value:  $4,908,086,238.00

2012 total mortgage value:  $6,143,202,509.00

2013 median mortgage amount:  $227,130.00

2012 median mortgage amount:  $231,260.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

Dec        2012:     $334,000.00                                 +6.0%

Jan         2013:     $280,000.00                                -16.2 %

Feb         2013:     $300,000.00                                +7.1 %

Mar        2013:     $305,000.00                                +1.7%  

Apr         2013:     $290,000.00                                 -4.9%  

May        2013:     $320,000.00                                +10.3%

June        2013:     $320,000.00                                  0.0%

July         2013:     $325,000.00                                +1.6%

Aug         2013:     $318,000.00                                -2.2%

Sep          2013:     $330,426.00                                +3.9%

Oct          2013:     $320,950.00                                 -2.9%

Nov         2013:     $317,250.00                                 -1.1%

Dec          2013:     $300,000.00                                 -5.4%  

FORECLOSURE DEEDS

MONTH                     YTD              

2013    10                                171                                                                                                     

2012    15                                392

Chg.    -33.3%                        -56.4%

from  http://www.barnstabledeeds.org/viewnews.php?id=114