JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF AUGUST 2024
SALES VOLUME & VALUE EDGE UP!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in August 2024 was up 2.6% from August 2023 volume and the total value of sales was down 2.8% from the previous year. The median individual property sale value was up 0.8% from the previous year. There was a 1% decrease in the volume of mortgage activity from August 2023 levels.
Year to Date: Volume of Sales is down 0.2%; Total Value of Sales is up 5.5%; Individual Sales Value is up 6.6%; Mortgage Volume is down 5.7%.
Register Meade reports that there were 477 deeds recorded at the Barnstable Registry of Deeds in August 2024 with stated sales values above $50,000.00 representing a stated value of $404,294,228.00 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 August 2024 was $635,000.00.
There were 664 mortgages recorded with values above $50,000.00 in August 2024 with a total value of $412,477,583.00. The median mortgage amount, commercial, residential or other, was $383,600.00.
By way of comparison, there were 465 deeds recorded at the Barnstable Registry of Deeds in August 2023 with stated sales values above $50,000.00 representing a stated value of $415,867,764.00 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 August 2023 was $630,000.00.
There were 671 mortgages recorded with values above $50,000.00 in August 2023 with a total value of $385,663,329.00. The median mortgage amount, commercial, residential or other, was $350,000.00.
REAL ESTATE ACTIVITY THROUGH AUGUST 2024
AS COMPARED TO THE SAME PERIOD IN 2023.
All figures are based on sales or mortgages ABOVE $50,000.00.
2024 sales volume: 3,469
2023 sales volume: 3,476
2024 total sales value: $3,077,477,967.00
2023 total sales value: $2,916,939,517.00
2024 median sales price: $650,000.00
2023 median sales price: $610,000.00
2024 mortgage volume: 4,930
2023 mortgage volume: 5,230
2024 total mortgage value: $2,895,126,346.00
2023 total mortgage value: $2,597,491,381.00
2024 median mortgage amount: $355,875.00
2023 median mortgage amount: $322,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
June 2024: $698,000.00 +3.4%
July 2024: $677,850.00 -2.9%
Aug 2024: $635,000.00 -6.3%
FORECLOSURE DEEDS
MONTH YTD
2023 4 34
2024 5 35
Chg. +25% +3%