Barnstable County Government: Report Of Barnstable County Real Estate Activity | September 2021 | Sales Volume Dips While Individual Va ...

Falmouth MA

26 October, 2021

11:31 AM

Description

Press release from the Barnstable County Government: 2021-10-25 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 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% This press release was produced by the Barnstable County Government. The views expressed here are the author's own.