JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JULY 2024
SALES VOLUME & VALUE RISE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2024 was up 12.9% from July 2023 volume and the total value of sales was up 27% from the previous year. The median individual property sale value was up 8.3% from the previous year. There was a 15.2% increase in the volume of mortgage activity from July 2023 levels.
Year to Date: Volume of Sales is down 0.6%; Total Value of Sales is up 6.9%; Individual Sales Value is up 7.4%; Mortgage Volume is down 6.4%.
Register Meade reports that there were 464 deeds recorded at the Barnstable Registry of Deeds in July 2024 with stated sales values above $50,000.00 representing a stated value of $441,204,307.00 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 July 2024 was $677,850.00.
There were 658 mortgages recorded with values above $50,000.00 in July 2024 with a total value of $484,935,488.00. The median mortgage amount, commercial, residential or other, was $367,500.00.
By way of comparison, there were 411 deeds recorded at the Barnstable Registry of Deeds in July 2023 with stated sales values above $50,000.00 representing a stated value of $347,508,279.00 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 July 2023 was $626,000.00.
There were 571 mortgages recorded with values above $50,000.00 in July 2023 with a total value of $256,831,951.00. The median mortgage amount, commercial, residential or other, was $356,125.00.
REAL ESTATE ACTIVITY THROUGH JULY 2024
AS COMPARED TO THE SAME PERIOD IN 2023.
All figures are based on sales or mortgages ABOVE $50,000.00.
2024 sales volume: 2,992
2023 sales volume: 3,011
2024 total sales value: $2,673,153,739.00
2023 total sales value: $2,501,071,733.00
2024 median sales price: $650,000.00
2023 median sales price: $605,000.00
2024 mortgage volume: 4,266
2023 mortgage volume: 4,559
2024 total mortgage value: $2,482,648,762.00
2023 total mortgage value: $2,211,828,053.00
2024 median mortgage amount: $351,000.00
2023 median mortgage amount: $320,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
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%
June 2024: $698,000.00 +3.4%
July 2024: $677,850.00 -2.9%
FORECLOSURE DEEDS
MONTH YTD
2023 3 30
2024 2 30
Chg. -33% 0%