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January 2024 Recording Statistics

 

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 FOR THE MONTH OF JANUARY 2024

 SALES & MORTGAGE VOLUME ARE DOWN!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2024 was down 11.4% from January 2023 volume and the total value of sales was down 7.6% from the previous year.  The median individual property sale value was up 11.1% from the previous year.  There was a 14.9% decrease in the volume of mortgage activity from January 2023 levels.

Year to Date: Volume of Sales is down 11.4%; Total Value of Sales is down 7.6%; Individual Sales Value is up 11.1%; Mortgage Volume is down 14.9%.

 Register Meade reports that there were 310 deeds recorded at the Barnstable Registry of Deeds in January 2024 with stated sales values above $50,000.00 representing a stated value of $267,943,462.00 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 January 2024 was $590,000.00.

There were 513 mortgages recorded with values above $50,000.00 in January 2024 with a total value of $388,585,053.00.  The median mortgage amount, commercial, residential, or other, was $305,428.00.

By way of comparison, there were 350 deeds recorded at the Barnstable Registry of Deeds in January 2023 with stated sales values above $50,000.00 representing a stated value of $289,977,490.00 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 January 2023 was $531,000.00.

There were 603 mortgages recorded with values above $50,000.00 in January 2023 with a total value of $384,834.060.00.  The median mortgage amount, commercial, residential, or other, was $316,000.00.

 

REAL ESTATE ACTIVITY THROUGH JANUARY 2024

AS COMPARED TO THE SAME PERIOD IN 2023.

 

All figures are based on sales or mortgages ABOVE $50,000.00.

2024 sales volume: 310

2023 sales volume: 350

2024 total sales value: $267,943,462.00

2023 total sales value: $289,977,490.00

 2024 median sales price: $590,000.00

2023 median sales price: $531,000.00

2024 mortgage volume: 513

2023 mortgage volume: 603

2024 total mortgage value:  $388,585,053.00

2023 total mortgage value:  $384,834,060.00

2024 median mortgage amount: $305,428.00

2023 median mortgage amount: $316,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

Jan                2023:      $531,000.00                                   – 9.2%

Feb                2023:      $566,500.00                                  +6.7%

Mar               2023:      $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                2023:      $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%

Jan                 2024:      $590,000.00                                  +2.6%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2023    3                                  3

2024    3                                  3         

Chg.    0%                              0%

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