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

Falmouth MA

14 July, 2021

11:32 AM

Description

Press release from the Barnstable County Government: 2021-07-14 JOHN F. MEADE, REGISTER OF DEEDS  REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF JUNE 2021 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.