posted on June 25, 2022 10:51
SALES VALUE STAYS STRONG, MORTGAGE VOLUME DROPS!
Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in May 2022 was down 14.3% from May 2021 volume and the total value of sales was up 24.6% from the previous year. The median individual property sale value was up 15.4% from the previous year. There was a 32.9% decrease in the volume of mortgage activity from May 2021 levels.
Year to Date: Volume of Sales is down 17.2%; Total Value of Sales is up 1.9%; Individual Sales Value is up 14.6%; Mortgage Volume is down 38.4%.
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