posted on December 06, 2022 13:15
VOLUME CONTINUES TO DROP, INDIVIDUAL VALUE STAYS STRONG!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF NOVEMBER 2022
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2022 was down 24.6% from November 2021 volume and the total value of sales was down 28.6% from the previous year. The median individual property sale value was up 9.3% from the previous year. There was a 52.7% decrease in the volume of mortgage activity from November 2021 levels.
Year to Date: Volume of Sales is down 21.1%; Total Value of Sales is down 7.6%; Individual Sales Value is up 13.7%; Mortgage Volume is down 42.7%.
Register Meade reports that there were 522 deeds recorded at the Barnstable Registry of Deeds in November 2022 with stated sales values above $50,000.00 representing a stated value of $435,276,093.00 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 November 2022 was $625,000.00.