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April 2024 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF APRIL 2024

SALES VOLUME & VALUE RISE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in April 2024 was up 2.7% from April 2023 volume and the total value of sales was up 14.2% from the previous year.  The median individual property sale value was up 10.3% from the previous year.  There was a 4.6% decrease in the volume of mortgage activity from April 2023 levels.

Year to Date: Volume of Sales is down 0.1%; Total Value of Sales is up 1.2%; Individual Sales Value is up 7.4%; Mortgage Volume is down 9.1%.

 Register Meade reports that there were 450 deeds recorded at the Barnstable Registry of Deeds in April 2024 with stated sales values above $50,000.00 representing a stated value of $403,472,018.00 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 April 2024 was $695,000.00.

There were 629 mortgages recorded with values above $50,000.00 in April 2024 with a total value of $290,748,115.00.  The median mortgage amount, commercial, residential or other, was $335,000.00.

By way of comparison, there were 438 deeds recorded at the Barnstable Registry of Deeds in April 2023 with stated sales values above $50,000.00 representing a stated value of $353,404,844.00 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 April 2023 was $630,000.00.

There were 659 mortgages recorded with values above $50,000.00 in April 2023 with a total value of $318,962,925.00.  The median mortgage amount, commercial, residential or other, was $325,000.00.

 

REAL ESTATE ACTIVITY THROUGH APRIL 2024

AS COMPARED TO THE SAME PERIOD IN 2023.

 

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

2024 sales volume: 1,486

2023 sales volume: 1,487

2024 total sales value: $1,243,319,868.00

2023 total sales value: $1,228,597,191.00

2024 median sales price: $629,500.00

2023 median sales price: $585,000.00

2024 mortgage volume: 2,229

2023 mortgage volume: 2,453

2024 total mortgage value:  $1,188,262,688.00

2023 total mortgage value:  $1,289,661,293.00

2024 median mortgage amount: $328,000.00

2023 median mortgage amount: $312,000.00

 

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

 

M/Y                Value                          % Differential/prior month

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%

Apr                 2024:      $695,000.00                                 +13.9%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2023    1                                  16

2024    5                                  18       

Chg.    +400%                        +12.5%

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