Joseph Aucoin posted on August 15, 2023 08:02
VOLUME DOWN, INDIVIDUAL SALES VALUE STRONG!
JOHN F. MEADE, REGISTER OF DEEDS
REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY
FOR THE MONTH OF JULY 2023
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in July 2023 was down 24.3% from July 2022 volume and the total value of sales was down 19.7% from the previous year. The median individual property sale value was up 4.3% from the previous year. There was a 37.7% decrease in the volume of mortgage activity from July 2022 levels.
Year to Date: Volume of Sales is down 22.2%; Total Value of Sales is down 24.5%; Individual Sales Value is up 7%; Mortgage Volume is down 44.7%.
Register Meade reports that 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.
By way of comparison, there were 543 deeds recorded at the Barnstable Registry of Deeds in July 2022 with stated sales values above $50,000.00 representing a stated value of $432,901,177.00 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 2022 was $600,000.00.
There were 916 mortgages recorded with values above $50,000.00 in July 2022 with a total value of $471,449,655.00. The median mortgage amount, commercial, residential or other, was $323,274.00.
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