Cape Cod Real Estate Activity for December 2020 | Sales Volume and Value Continue to Rise
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, Barnstable County Register of Deeds
David B. Murphy, Register Assistant Register
Kathleen Grenier, Executive Administrative Assistant
JOHN F. MEADE, REGISTER OF DEEDS REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF DECEMBER 2020
SALES VOLUME & VALUE CONTINUE TO RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2020 was up 46.5% from December 2019 volume and the total value of sales was up 94.8% from the previous year. The median individual property sale value was up 26.7% from the previous year. There was a 51.8% increase in the volume of mortgage activity from December 2019 levels.
Year to Date: Volume of Sales is up 14%; Total Value of Sales is up 31.4%; Individual Sales Value is up 15.1%; Mortgage Volume is up 45.5%.
Register Meade reports that there were 917 deeds recorded at the Barnstable Registry of Deeds in December 2020 with stated sales values above $50,000.00 representing a stated value of $626,490,572.00 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 2020 was $475,000.00.
There were 2,110 mortgages recorded with values above $50,000.00 in December 2020 with a total value of $881,857,046.00. The median mortgage amount, commercial, residential or other, was $315,000.00.
By way of comparison, that there were 626 deeds recorded at the Barnstable Registry of Deeds in December 2019 with stated sales values above $50,000.00 representing a stated value of $321,520,501.00 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 2019 was $375,000.00.
There were 1,390 mortgages recorded with values above $50,000.00 in December 2019 with a total value of $528,717,575.00. The median mortgage amount, commercial, residential or other, was $289,661.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2020 AS COMPARED TO THE SAME PERIOD IN 2019.
All figures are based on sales or mortgages ABOVE $50,000.00.
2020 sales volume: 8,502
2019 sales volume: 7,460
2020 total sales value: $5,213,580,481.00
2019 total sales value: $3,967,621,324.00
2020 median sales price: $443,000.00
2019 median sales price: $385,000.00
2020 mortgage volume: 19,689
2019 mortgage volume: 13,532
2020 total mortgage value: $7,862,449,823.00
2019 total mortgage value: $5,310,795,937.00
2020 median mortgage amount: $303,847.00
2019 median mortgage amount: $285,186.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Dec 2019: $375,000.00 -3.8%
Jan 2020: $375,000.00 0%
Feb 2020: $375,000.00 0%
Mar 2020: $406,000.00 +8.3%
Apr 2020: $400,500.00 -1.4%
May 2020: $399,000.00 -0.4%
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%
FORECLOSURE DEEDS
MONTH YTD
2020 2 87
2019 11 138
Chg. -82% -37%
