February 2024 Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF FEBRUARY 2024
SALES & MORTGAGE VOLUME RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2024 was up 14.3% from February 2023 volume and the total value of sales was up 5.2% from the previous year. The median individual property sale value was up 10.3% from the previous year. There was a 1.4% increase in the volume of mortgage activity from February 2023 levels.
Year to Date: Volume of Sales is up 0.2%; Total Value of Sales is down 1.9%; Individual Sales Value is up 9.1%; Mortgage Volume is down 7.6%.
Register Meade reports that there were 328 deeds recorded at the Barnstable Registry of Deeds in February 2024 with stated sales values above $50,000.00 representing a stated value of $244,428,459.00 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 February 2024 was $625,000.00.
There were 492 mortgages recorded with values above $50,000.00 in February 2024 with a total value of $238,614,956.00. The median mortgage amount, commercial, residential, or other, was $300,000.00.
By way of comparison, there were 287 deeds recorded at the Barnstable Registry of Deeds in February 2023 with stated sales values above $50,000.00 representing a stated value of $232,367,652.00 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 February 2023 was $566,500.00.
There were 485 mortgages recorded with values above $50,000.00 in February 2023 with a total value of $206,307,862.00. The median mortgage amount, commercial, residential or other, was $300,000.00.
REAL ESTATE ACTIVITY THROUGH FEBRUARY 2024
AS COMPARED TO THE SAME PERIOD IN 2023.
All figures are based on sales or mortgages ABOVE $50,000.00.
2024 sales volume: 638
2023 sales volume: 637
2024 total sales value: $512,371,921.00
2023 total sales value: $522,345,141.00
2024 median sales price: $599,950.00
2023 median sales price: $550,000.00
2024 mortgage volume: 1,005
2023 mortgage volume: 1,088
2024 total mortgage value: $627,200,010.00
2023 total mortgage value: $591,141,922.00
2024 median mortgage amount: $300,000.00
2023 median mortgage amount: $301,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Feb 2024: $625,000.00 +5.9%
FORECLOSURE DEEDS
MONTH YTD
2023 5 8
2024 4 7
Chg. -20% -12.5%
