May 2024 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MAY 2024
SALES VOLUME & VALUE REMAIN SOLID!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2024 was up 1.7% from May 2023 volume and the total value of sales was up 5.2% from the previous year. The median individual property sale value was up 10.7% from the previous year. There was a 1% increase in the volume of mortgage activity from May 2023 levels.
Year to Date: Volume of Sales is up 0.4%; Total Value of Sales is up 2.3%; Individual Sales Value is up 6.8%; Mortgage Volume is down 6.8%.
Register Meade reports that there were 547 deeds recorded at the Barnstable Registry of Deeds in May 2024 with stated sales values above $50,000.00 representing a stated value of $486,607,336.00 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 May 2024 was $675,000.00.
There were 738 mortgages recorded with values above $50,000.00 in May 2024 with a total value of $447,964,184.00. The median mortgage amount, commercial, residential or other, was $400,000.00.
By way of comparison, there were 538 deeds recorded at the Barnstable Registry of Deeds in May 2023 with stated sales values above $50,000.00 representing a stated value of $462,738,048.00 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 May 2023 was $610,000.00.
There were 731 mortgages recorded with values above $50,000.00 in May 2023 with a total value of $319,802,154.00. The median mortgage amount, commercial, residential or other, was $308,000.00.
REAL ESTATE ACTIVITY THROUGH MAY 2024
AS COMPARED TO THE SAME PERIOD IN 2023.
All figures are based on sales or mortgages ABOVE $50,000.00.
2024 sales volume: 2,033
2023 sales volume: 2,025
2024 total sales value: $1,729,927,203.00
2023 total sales value: $1,691,335,239.00
2024 median sales price: $640,000.00
2023 median sales price: $599,000.00
2024 mortgage volume: 2,967
2023 mortgage volume: 3,184
2024 total mortgage value: $1,636,226,873.00
2023 total mortgage value: $1,609,463,447.00
2024 median mortgage amount: $350,000.00
2023 median mortgage amount: $308,875.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
May 2024: $675,000.00 -2.9%
FORECLOSURE DEEDS
MONTH YTD
2023 8 24
2024 7 25
Chg. -12.5% +4.2%
