April 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF APRIL 2023
VOLUME DOWN, INDIVIDUAL SALES VALUE STAYS STRONG!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2023 was down 24% from April 2022 volume and the total value of sales was down 38.2% from the previous year. The median individual property sale value was up 5% from the previous year. There was a 45.7% decrease in the volume of mortgage activity from April 2022 levels.
Year to Date: Volume of Sales is down 27.1%; Total Value of Sales is down 25%; Individual Sales Value is up 7.3%; Mortgage Volume is down 51.5%.
Register Meade reports that there were 438 deeds recorded at the Barnstable Registry of Deeds in April 2023 with stated sales values above $50,000.00 representing a stated value of $353,404,844.00 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 April 2023 was $630,000.00.
There were 659 mortgages recorded with values above $50,000.00 in April 2023 with a total value of $318,962,925.00. The median mortgage amount, commercial, residential or other, was $325,000.00.
By way of comparison, there were 576 deeds recorded at the Barnstable Registry of Deeds in April 2022 with stated sales values above $50,000.00 representing a stated value of $571,427,300.00 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 April 2022 was $599,950.00.
There were 1,214 mortgages recorded with values above $50,000.00 in April 2022 with a total value of $674,658,744.00. The median mortgage amount, commercial, residential or other, was $332,200.00.
REAL ESTATE ACTIVITY THROUGH APRIL 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 1,487
2022 sales volume: 2,040
2023 total sales value: $1,228,597,191.00
2022 total sales value: $1,640,017,536.00
2023 median sales price: $585,000.00
2022 median sales price: $545,000.00
2023 mortgage volume: 2,453
2022 mortgage volume: 5,058
2023 total mortgage value: $1,289,661,293.00
2022 total mortgage value: $2,443,888,248.00
2023 median mortgage amount: $312,000.00
2022 median mortgage amount: $322,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2022: $603,750.00 +6.6%
Apr 2023: $630,000.00 +4.3%
FORECLOSURE DEEDS
MONTH YTD
2022 5 12
2023 1 16
Chg. -80% +33%