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August 2024 Registry Recording Statistics

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%