Wood County Recorder Connor Rose has released the first quarter 2025 report detailing real estate transaction activity, including deed and mortgage filings, and compared those numbers with the same period in 2024.
In the first quarter of 2025, the Recorder’s Office recorded 1,265 deeds totaling $139,283,069 in consideration – a term used to describe the value of a transaction or transfer agreement between two or more parties. This represents a 7.1% increase in the number of recorded deeds compared to the 1,181 deeds recorded in the first quarter of 2024. However, the total consideration amount is down 12.4% from the $158,891,331 recorded during the first quarter of 2024.
“The increased number of deed recordings suggests ongoing real estate demand and activity throughout the county,” Rose said. “At the same time, the decrease in total consideration indicates a shift toward more modestly priced real estate activity.”
In terms of mortgage recordings, the first quarter of 2025 saw 724 mortgages filed with a total consideration of $640,899,578. This is a 2.7% increase in the number of mortgage documents recorded compared to the 705 mortgages recorded in the first quarter of 2024.
However, the total mortgage consideration in the first quarter of 2024 included two large commercial mortgages totaling $1.6 billion alone, significantly inflating the total consideration figure. When adjusted to remove these two mortgages, the first quarter 2024 mortgage consideration totaled $655,667,062, making the 2025 first quarter consideration figure a 2.25% decrease from the first quarter of 2024.
“After adjusting for the two unusually large mortgages last year, we’re seeing fairly steady mortgage activity in Wood County,” Rose said. “These numbers reflect a stable and resilient real estate market, even amid changing economic conditions.”
The Recorder’s Office will continue to monitor trends in real estate transactions across Wood County and keep the public informed through regular updates.
