June 2024 Registry Recording Statistics

JOHN F. MEADE, REGISTER OF DEEDS

 REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY

 FOR THE MONTH OF JUNE 2024

 SALES VOLUME DIPS & VALUE RISES!

 

Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in June 2024 was down 13.9% from June 2023 volume and the total value of sales was up 8.6% from the previous year.  The median individual property sale value was up 11.7% from the previous year.  There was a 20.3% decrease in the volume of mortgage activity from June 2023 levels.

Year to Date: Volume of Sales is down 2.8%; Total Value of Sales is up 3.6%; Individual Sales Value is up 8.3%; Mortgage Volume is down 9.5%.

Register Meade reports that there were 495 deeds recorded at the Barnstable Registry of Deeds in June 2024 with stated sales values above $50,000.00 representing a stated value of $502,022,229.00 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 June 2024 was $698,000.00.

There were 641 mortgages recorded with values above $50,000.00 in June 2024 with a total value of $361,486,402.00.  The median mortgage amount, commercial, residential or other, was $382,000.00.

By way of comparison, there were 575 deeds recorded at the Barnstable Registry of Deeds in June 2023 with stated sales values above $50,000.00 representing a stated value of $462,228,214.00 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 June 2023 was $625,000.00.

There were 804 mortgages recorded with values above $50,000.00 in June 2023 with a total value of $345,532,656.00.  The median mortgage amount, commercial, residential or other, was $338,200.00.

 

REAL ESTATE ACTIVITY THROUGH JUNE 2024

AS COMPARED TO THE SAME PERIOD IN 2023.

 

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

 

2024 sales volume: 2,528

2023 sales volume: 2,600

 

2024 total sales value: $2,231,949,432.00

2023 total sales value: $2,153,563,453.00

 

2024 median sales price: $649,500.00

2023 median sales price: $600,000.00

 

2024 mortgage volume: 3,608

2023 mortgage volume: 3,988

 

2024 total mortgage value:  $1,997,713,274.00

2023 total mortgage value:  $1,954,996,102.00

 

2024 median mortgage amount: $350,000.00

2023 median mortgage amount: $315,000.00

 

 TRAILING TWELVE MONTHS MEDIAN SALES VALUE:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

June               2023:      $625,000.00                                  +2.5%

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%

 

FORECLOSURE DEEDS

MONTH                                YTD              

2023    3                                  27

2024    3                                  28       

Chg.    -12.5%                        +3.7%