August 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2023
SALES VOLUME CONTINUES FALL, INDIVIDUAL VALUE REMAINS STRONG!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2023 was down 19.3% from August 2022 volume and the total value of sales was down 13.2% from the previous year. The median individual property sale value was up 4.8% from the previous year. There was a 23.1% decrease in the volume of mortgage activity from August 2022 levels.
Year to Date: Volume of Sales is down 21.8%; Total Value of Sales is down 23%; Individual Sales Value is up 6.6%; Mortgage Volume is down 42.6%.
Register Meade reports that there were 465 deeds recorded at the Barnstable Registry of Deeds in August 2023 with stated sales values above $50,000.00 representing a stated value of $415,667,764.00 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 August 2023 was $630,000.00.
There were 671 mortgages recorded with values above $50,000.00 in August 2023 with a total value of $385,663,329.00. The median mortgage amount, commercial, residential or other, was $350,000.00.
By way of comparison, there were 576 deeds recorded at the Barnstable Registry of Deeds in August 2022 with stated sales values above $50,000.00 representing a stated value of $479,131,108.00 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 August 2022 was $600,000.00.
There were 873 mortgages recorded with values above $50,000.00 in August 2022 with a total value of $477,112,509.00. The median mortgage amount, commercial, residential or other, was $350,500.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 3,476
2022 sales volume: 4,446
2023 total sales value: $2,916,939,517.00
2022 total sales value: $3,789,892,277.00
2023 median sales price: $610,000.00
2022 median sales price: $572,500.00
2023 mortgage volume: 5,230
2022 mortgage volume: 9,112
2023 total mortgage value: $2,597,491,381.00
2022 total mortgage value: $4,730,450,383.00
2023 median mortgage amount: $322,000.00
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
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%
May 2023: $610,000.00 -3.2%
June 2023: $625,000.00 +2.5%
July 2022: $626,000.00 +0.2%
Aug 2023: $630,000.00 +0.6%
FORECLOSURE DEEDS
MONTH YTD
2022 7 30
2023 4 34
Chg. -43% +6.3%
