Politics & Government

Barnstable County Government: Volume Of Real Estate Sales In June 2021 Up 22.2% From June 2020

JOHN F. MEADE, REGISTER OF DEEDS

2021-07-14

JOHN F. MEADE, REGISTER OF DEEDS

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 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JUNE 2021

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Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2021 was up 22.2% from June 2020 volume and the total value of sales was up 37.1% from the previous year.  The median individual property sale value was up 22.6% from the previous year.  There was a 4.5% increase in the volume of mortgage activity from June 2020 levels.

Year to Date: Volume of Sales is up 32.8%; Total Value of Sales is up 68.5%; Individual Sales Value is up 22.8%; Mortgage Volume is up 43.3%.

Register Meade reports that there were 836 deeds recorded at the Barnstable Registry of Deeds in June 2021 with stated sales values above $50,000.00 representing a stated value of $551,120,108.00 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 June 2021 was $515,000.00.

There were 1,775 mortgages recorded with values above $50,000.00 in June 2021 with a total value of $753,680,548.00.  The median mortgage amount, commercial, residential or other, was $328,000.00.

By way of comparison there were 684 deeds recorded at the Barnstable Registry of Deeds in June 2020 with stated sales values above $50,000.00 representing a stated value of $402,122,103.00 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 June 2020 was $420,000.00.

There were 1,698 mortgages recorded with values above $50,000.00 in June 2020 with a total value of $742,018,647.00.  The median mortgage amount, commercial, residential or other, was $295,600.00.

REAL ESTATE ACTIVITY THROUGH JUNE 2021 AS COMPARED TO THE SAME PERIOD IN 2020.

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

2021 sales volume: 4,071

2020 sales volume: 3,065

2021 total sales value: $2,817,342,032.00

2020 total sales value: $1,672,476,273.00

2021 median sales price: $489,900.00

2020 median sales price: $399,000.00

2021 mortgage volume: 11,911

2020 mortgage volume: 8,310

2021 total mortgage value:  $4,849,345,448.00

2020 total mortgage value:  $3,179,833,625.00

2021 median mortgage amount: $305,000.00

2020 median mortgage amount: $293,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                      Value                                  % Differential/prior month

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%     

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%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2021    4                         17

2020    7                        63       

Chg.  -43%                -73%


This press release was produced by the Barnstable County Government. The views expressed here are the author’s own.