January 2022 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

FOR THE MONTH OF JANUARY 2022

SALES & MORTGAGE VOLUME DROP!

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in January 2022 was down 15% from January 2021 volume and the total value of sales was down 15.9% from the previous year.  The median individual property sale value was up 19.3% from the previous year.  There was a 39.5% decrease in the volume of mortgage activity from January 2021 levels.

Year to Date: Volume of Sales is down 15%; Total Value of Sales is down 15.9%; Individual Sales Value is up 19.3%; Mortgage Volume is down 39.5%.

Register Meade reports that there were 531 deeds recorded at the Barnstable Registry of Deeds in January 2022 with stated sales values above $50,000.00 representing a stated value of $369,304,826.00 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 January 2022 was $525,000.00.

There were 1,273 mortgages recorded with values above $50,000.00 in January 2022 with a total value of $588,510,686.00.  The median mortgage amount, commercial, residential or other, was $329,000.00.

By way of comparison, there were 625 deeds recorded at the Barnstable Registry of Deeds in January 2021 with stated sales values above $50,000.00 representing a stated value of $439,166,471.00 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 January 2021 was $440,000.00.

There were 2,104 mortgages recorded with values above $50,000.00 in January 2021 with a total value of $755,093,435.00.  The median mortgage amount, commercial, residential or other, was $296,000.00.

REAL ESTATE ACTIVITY THROUGH JANUARY 2022

AS COMPARED TO THE SAME PERIOD IN 2021.

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

2022 sales volume: 531

2021 sales volume: 625

2022 total sales value: $369,304,826.00

2021 total sales value: $439,166,471.00

2022 median sales price: $525,000.00

2021 median sales price: $440,000.00

2022 mortgage volume: 1,273

2021 mortgage volume: 2,104

2022 total mortgage value:  $588,510,686.00

2021 total mortgage value:  $755,093,435.00

2022 median mortgage amount: $329,000.00

2021 median mortgage amount: $296,000.00

TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

Jan              2021:      $440,000.00                                    -7.4%

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%

FORECLOSURE DEEDS

MONTH                     YTD              

2021    2                                  2

2022    1                                  1         

Chg.    -50%                           -50%