BARNSTABLE – Real estate sales and value were up last month in Barnstable County, compared to September 2015 numbers.
That’s according to Barnstable County Register of Deeds Jack Meade, who reports that sales were up 6% and value up 12.1% from last year.
The median individual property sale value was up 2% from September 2015 and there was a 32% increase in the volume of mortgage activity.
“With the median price being up, we’ve had a little more activity in the higher end, which we haven’t had for a while, this year has mostly focused on the lower end of the market but we’ve had some strong sales at the high end,” said Meade.
So far this year, the volume of sales is up 12.4%, total value of sales is up 14.8% and mortgage volume is up 8%.
Meade added that individual sales value is up 1.9 percent this year.
“That’s been kind of consistent with what we’ve been doing the last few years, we’ve been seeing two, maybe three percent increase in individual sales value, so slow but steady,” said Meade.
The median sales value last month was $350,000, matching June’s numbers.
By JUSTIN SAUNDERS, CapeCod.com Newscenter