December 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF DECEMBER 2023
SALES VOLUME & VALUE FALL!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in December 2023 was down 12.6% from December 2022 volume and the total value of sales was down 14.1% from the previous year. The median individual property sale value was down 1.7% from the previous year. There was a 21.3% decrease in the volume of mortgage activity from December 2022 levels.
Year to Date: Volume of Sales is down 19.1%; Total Value of Sales is down 19%; Individual Sales Value is up 6.8%; Mortgage Volume is down 37.9%.
Register Meade reports that there were 417 deeds recorded at the Barnstable Registry of Deeds in December 2023 with stated sales values above $50,000.00 representing a stated value of $376,471,423.00 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 December 2023 was $575,000.00.
There were 591 mortgages recorded with values above $50,000.00 in December 2023 with a total value of $379,995,925.00. The median mortgage amount, commercial, residential or other, was $332,000.00.
By way of comparison, there were 477 deeds recorded at the Barnstable Registry of Deeds in December 2022 with stated sales values above $50,000.00 representing a stated value of $438,380,619.00 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 December 2022 was $585,000.00.
There were 751 mortgages recorded with values above $50,000.00 in December 2022 with a total value of $465,547,119.00. The median mortgage amount, commercial, residential or other, was $350,000.00.
REAL ESTATE ACTIVITY THROUGH DECEMBER 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 5,315
2022 sales volume: 6,572
2023 total sales value: $4,546,331,495.00
2022 total sales value: $5,615,049,949.00
2023 median sales price: $620,000.00
2022 median sales price: $580,500.00
2023 mortgage volume: 7,608
2022 mortgage volume: 12,252
2023 total mortgage value: $3,895,971,725.00
2022 total mortgage value: $6,398,447,801.00
2023 median mortgage amount: $337,200.00
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
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%
Nov 2023: $630,000.00 -6.7%
Dec 2023: $575,000.00 – 8.7%
FORECLOSURE DEEDS
MONTH YTD
2022 2 48
2023 5 50
Chg. +150% +4.2%