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February 2022 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF FEBRUARY 2022

SALES & MORTGAGE VOLUME CONTINUE SLIDE!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in February 2022 was down 25.8% from February 2021 volume and the total value of sales was down 13.8% from the previous year.  The median individual property sale value was up 16.3% from the previous year.  There was a 36% decrease in the volume of mortgage activity from February 2021 levels.

Year to Date: Volume of Sales is down 20%; Total Value of Sales is down 15%; Individual Sales Value is up 17.8%; Mortgage Volume is down 37.8%.

Register Meade reports that there were 392 deeds recorded at the Barnstable Registry of Deeds in February 2022 with stated sales values above $50,000.00 representing a stated value of $290,023,761.00 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 February 2022 was $535,000.00.

There were 1,182 mortgages recorded with values above $50,000.00 in February 2022 with a total value of $516,646,283.00.  The median mortgage amount, commercial, residential or other, was $317,650.00.

By way of comparison, there were 528 deeds recorded at the Barnstable Registry of Deeds in February 2021 with stated sales values above $50,000.00 representing a stated value of $336,311,170.00 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 February 2021 was $459,950.00.

There were 1,846 mortgages recorded with values above $50,000.00 in February 2021 with a total value of $720,408,621.00.  The median mortgage amount, commercial, residential or other, was $304,800.00.

REAL ESTATE ACTIVITY THROUGH FEBRUARY 2022

AS COMPARED TO THE SAME PERIOD IN 2021.

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

2022 sales volume: 923

2021 sales volume: 1,153

2022 total sales value: $659,328,587.00

2021 total sales value: $775,477,641.00

2022 median sales price: $530,000.00

2021 median sales price: $450,000.00

2022 mortgage volume: 2,455

2021 mortgage volume: 3,950

2022 total mortgage value:  $1,105,156,969.00

2021 total mortgage value:  $1,475,502,056.00

2022 median mortgage amount: $325,000.00

2021 median mortgage amount: $300,000.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

Feb              2021:      $459,950.00                                    +4.5%

Mar             2021:      $470,000.00                                    +2.2%

Apr              2021:      $519,950.00                                   +10.6%

May             2021:      $519,000.00                                    -0.2%

June             2021:      $515,000.00                                    -0.6%

July              2021:      $511,000.00                                   -0.8%

Aug              2021:      $527,500.00                                    +3.2%

Sep               2021:      $537,500.00                                    +1.9%

Oct               2021:      $535,000.00                                    -0.5%

Nov              2021:      $571,750.00                                    +6.9%    

Dec               2021:      $550,000.00                                   – 3.8%

Jan               2022:      $525,000.00                                   – 4.5%

Feb               2022:      $530,000.00                                   +1.0%

FORECLOSURE DEEDS

MONTH                     YTD              

2021    1                                  3

2022    1                                  2         

Chg.    0%                              -33%