March 2023 Registry Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF MARCH 2023
SALES & MORTGAGE VOLUME CONTINUE TO SLIDE!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in March 2023 was down 23.8% from March 2022 volume and the total value of sales was down 13.8% from the previous year. The median individual property sale value was up 15% from the previous year. There was a 49.2% decrease in the volume of mortgage activity from March 2022 levels.
Year to Date: Volume of Sales is down 28.3%; Total Value of Sales is down 18.1%; Individual Sales Value is up 7.9%; Mortgage Volume is down 53.3%.
Register Meade reports that there were 412 deeds recorded at the Barnstable Registry of Deeds in March 2023 with stated sales values above $50,000.00 representing a stated value of $352,847,206.00 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 March 2023 was $603,750.00.
There were 706 mortgages recorded with values above $50,000.00 in March 2023 with a total value of $379,556,446.00. The median mortgage amount, commercial, residential or other, was $318,750.00.
By way of comparison, there were 541 deeds recorded at the Barnstable Registry of Deeds in March 2022 with stated sales values above $50,000.00 representing a stated value of $409,261,649.00 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 March 2022 was $525,000.00.
There were 1,389 mortgages recorded with values above $50,000.00 in March 2022 with a total value of $664,072,535.00. The median mortgage amount, commercial, residential or other, was $310,000.00.
REAL ESTATE ACTIVITY THROUGH MARCH 2023
AS COMPARED TO THE SAME PERIOD IN 2022.
All figures are based on sales or mortgages ABOVE $50,000.00.
2023 sales volume: 1,049
2022 sales volume: 1,464
2023 total sales value: $875,192,347.00
2022 total sales value: $1,068,590,236.00
2023 median sales price: $570,000.00
2022 median sales price: $528,500.00
2023 mortgage volume: 1,794
2022 mortgage volume: 3,844
2023 total mortgage value: $970,698,368.00
2022 total mortgage value: $1,769,229,504.00
2023 median mortgage amount: $307,869.00
2022 median mortgage amount: $320,000.00
TRAILING TWELVE MONTHS MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
Mar 2022: $525,000.00 -0.94%
Apr 2022: $599,950.00 +14.3%
May 2022: $599,000.00 -0.2%
June 2022: $599,500.00 +0.08%
July 2022: $600,000.00 +0.08%
Aug 2022: $600,000.00 0%
Sep 2022: $600,000.00 0%
Oct 2022: $627,000.00 +4.5%
Nov 2022: $625,000.00 -0.3%
Dec 2022: $585,000.00 – 6.4%
Jan 2023: $531,000.00 – 9.2%
Feb 2023: $566,500.00 +6.7%
Mar 2022: $603,750.00 +6.6%
FORECLOSURE DEEDS
MONTH YTD
2022 5 7
2023 7 15
Chg. +40% +114%
