February 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2023
SALES & MORTGAGE VOLUME STAY SLOW!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2023 was down 26.8% from February 2022 volume and the total value of sales was down 19.9% from the previous year. The median individual property sale value was up 5.9% from the previous year. There was a 59% decrease in the volume of mortgage activity from February 2022 levels.
Year to Date: Volume of Sales is down 30.1%; Total Value of Sales is down 20.8%; Individual Sales Value is up 3.8%; Mortgage Volume is down 55.7%.
Register Meade reports that there were 287 deeds recorded at the Barnstable Registry of Deeds in February 2023 with stated sales values above $50,000.00 representing a stated value of $232,367,652.00 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 February 2023 was $566,500.00.
There were 485 mortgages recorded with values above $50,000.00 in February 2023 with a total value of $206,307,862.00. The median mortgage amount, commercial, residential or other, was $300,000.00.
By way of comparison, there were 392 deeds recorded at the Barnstable Registry of Deeds in February 2022 with stated sales values above $50,000.00 representing a stated value of $290,023,761.00 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 February 2022 was $535,000.00.
There were 1,182 mortgages recorded with values above $50,000.00 in February 2022 with a total value of $516,646,283.00. The median mortgage amount, commercial, residential or other, was $317,650.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 637
2022 sales volume: 923
2023 total sales value: $522,345,141.00
2022 total sales value: $659,328,587.00
2023 median sales price: $550,000.00
2022 median sales price: $530,000.00
2023 mortgage volume: 1,088
2022 mortgage volume: 2,455
2023 total mortgage value: $591,141,922.00
2022 total mortgage value: $1,105,156,969.00
2023 median mortgage amount: $301,000.00
2022 median mortgage amount: $325,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Feb 2022: $530,000.00 +1.0%
Mar 2022: $525,000.00 -0.94%
Apr 2022: $599,950.00 +14.3%
May 2022: $599,000.00 -0.2%
June 2022: $599,500.00 +0.08%
July 2022: $600,000.00 +0.08%
Aug 2022: $600,000.00 0%
Sep 2022: $600,000.00 0%
Oct 2022: $627,000.00 +4.5%
Nov 2022: $625,000.00 -0.3%
Dec 2022: $585,000.00 – 6.4%
Jan 2023: $531,000.00 – 9.2%
Feb 2023: $566,500.00 +6.7%
FORECLOSURE DEEDS
MONTH YTD
2022 1 2
2023 5 8
Chg. +400% +300%
