October 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF OCTOBER 2023
SALES VOLUME & INDIVIDUAL VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2023 was up 5.2% from October 2022 volume and the total value of sales was up 13.3% from the previous year. The median individual property sale value was up 7.7% from the previous year. There was a 19% decrease in the volume of mortgage activity from October 2022 levels.
Year to Date: Volume of Sales is down 20.2%; Total Value of Sales is down 19.9%; Individual Sales Value is up 7.1%; Mortgage Volume is down 40.2%.
Register Meade reports that there were 509 deeds recorded at the Barnstable Registry of Deeds in October 2023 with stated sales values above $50,000.00 representing a stated value of $461,031,891.00 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 October 2023 was $675,000.00.
There were 610 mortgages recorded with values above $50,000.00 in October 2023 with a total value of $322,969,137.00. The median mortgage amount, commercial, residential or other, was $388,850.00.
By way of comparison, there were 484 deeds recorded at the Barnstable Registry of Deeds in October 2022 with stated sales values above $50,000.00 representing a stated value of $406,946,147.00 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 October 2022 was $627,000.00.
There were 753 mortgages recorded with values above $50,000.00 in October 2022 with a total value of $370,472,653.00. The median mortgage amount, commercial, residential or other, was $350,000.00.
REAL ESTATE ACTIVITY THROUGH OCTOBER 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 4,447
2022 sales volume: 5,573
2023 total sales value: $3,798,667,543.00
2022 total sales value: $4,741,393,237.00
2023 median sales price: $621,000.00
2022 median sales price: $580,000.00
2023 mortgage volume: 6,405
2022 mortgage volume: 10,719
2023 total mortgage value: $3,207,633,360.00
2022 total mortgage value: $5,561,077,212.00
2023 median mortgage amount: $336,000.00
2022 median mortgage amount: $330,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Sep 2023: $650,000.00 +3.2%
Oct 2023: $675,000.00 +3.8%
FORECLOSURE DEEDS
MONTH YTD
2022 3 42
2023 4 39
Chg. +33% -7.1%
