March 2024 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2024
SALES & MORTGAGE VOLUME DIP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2024 was down 3.4% from March 2023 volume and the total value of sales was down 7.2% from the previous year. The median individual property sale value was up 1% from the previous year. There was a 15.7% decrease in the volume of mortgage activity from March 2023 levels.
Year to Date: Volume of Sales is down 1.2%; Total Value of Sales is down 4%; Individual Sales Value is up 5.3%; Mortgage Volume is down 10.8%.
Register Meade reports that there were 398 deeds recorded at the Barnstable Registry of Deeds in March 2024 with stated sales values above $50,000.00 representing a stated value of $327,475,928.00 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 March 2024 was $610,000.00.
There were 595 mortgages recorded with values above $50,000.00 in March 2024 with a total value of $270,314,564.00. The median mortgage amount, commercial, residential, or other, was $351,037.00.
By way of comparison, there were 412 deeds recorded at the Barnstable Registry of Deeds in March 2023 with stated sales values above $50,000.00 representing a stated value of $352,847,206.00 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 March 2023 was $603,750.00.
There were 706 mortgages recorded with values above $50,000.00 in March 2023 with a total value of $379,556,446.00. The median mortgage amount, commercial, residential or other, was $318,750.00.
REAL ESTATE ACTIVITY THROUGH MARCH 2024
AS COMPARED TO THE SAME PERIOD IN 2023.
All figures are based on sales or mortgages ABOVE $50,000.00.
2024 sales volume: 1,036
2023 sales volume: 1,049
2024 total sales value: $839,847,850.00
2023 total sales value: $875,192,347.00
2024 median sales price: $600,000.00
2023 median sales price: $570,000.00
2024 mortgage volume: 1,600
2023 mortgage volume: 1,794
2024 total mortgage value: $897,514,574.00
2023 total mortgage value: $970,698,368.00
2024 median mortgage amount: $325,000.00
2023 median mortgage amount: $307,869.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
Mar 2024: $610,000.00 -2.4%
FORECLOSURE DEEDS
MONTH YTD
2023 7 15
2024 6 13
Chg. -14.3% -13.3%
