2023 Highlights
The Franklin County Recorder’s Office observed a notable decrease in real-property documents submitted for recording in 2023 compared to recent years. This decrease reflects the shift away from the red-hot housing market trends of the ‘pandemic-era’ (2020 – 2022), a time when our office saw record high year-end document recording totals. Despite the slowing of real-estate transactions, the Franklin County Recorder’s Office continued to work full speed to provide excellent customer service and increase accessibility of our services for residents and community partners in Franklin County.
The cooling of the pandemic-era housing market was reflected in the decrease of documents recorded at the Franklin County Recorder’s Office throughout 2023. The market’s slowdown is likely a result of increasing mortgage interest rates and a consistently low inventory of homes for sale.
- The total number of documents recorded in 2023 was 135,434. This is a decrease of 22.6% from the total recorded a year prior in 2022 (175,132 documents) and 42.2% lower than the record high processed in 2021 (234,197).
- The average number of documents recorded per month in 2023 was 11,286. The highest monthly total number of documents recorded was in August (13,356) and the lowest total number of documents recorded was in February (9,143).
- More than two-thirds of documents were submitted virtually via the e-Recording process. About 69.6% of all documents recorded in 2023 were submitted to the office online via the e-Recording process, instead of in-person.
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|
Total Recorded Documents
|
179,746
|
183,205
|
175,864
|
176,139
|
209,193
|
234,197
|
175,132
|
135,434
|
|
% Change In Recordings
|
+0.4%
|
+1.9%
|
-4.0%
|
+0.2%
|
+18.8%
|
+12.0%
|
-25.2%
|
-22.6%
|
|
Total Paper Documents
|
135,966
|
136,605
|
131,514
|
126,394
|
100,011
|
72,312
|
49,066
|
41,128
|
|
% Of Total Documents
On Paper
|
75.6%
|
74.5%
|
74.7%
|
71.7%
|
47.8%
|
30.8%
|
28.0%
|
30.3%
|
|
% Change In Documents
On Paper
|
|
+0.4%
|
-3.72%
|
-3.8%
|
-20.8%
|
-27.6%
|
-32.1%
|
-16.1%
|
|
Total e-Recorded Documents
|
43,780
|
46,600
|
44,350
|
49,745
|
109,182
|
161,885
|
126,066
|
94,301
|
|
% Of Total Documents
e-Recorded
|
24.4%
|
25.4%
|
25.2%
|
28.2%
|
52.2%
|
69.1%
|
71.9%
|
69.6%
|
|
% Change In e-Recordings
|
|
+6.4%
|
-4.8%
|
+12.2%
|
+119.5%
|
+48.3%
|
-22.1 %
|
-25.1%
|
|
Total Deeds Recorded
|
36,208
|
36,049
|
36,784
|
37,349
|
34,866
|
41,426
|
37,028
|
29,799
|
|
% Change In Deeds
|
+3.6%
|
-0.4%
|
+2.0%
|
+1.5%
|
-6.6%
|
+18.8%
|
-10.6%
|
-19.5%
|
|
# of Deeds e-Recorded
|
0
|
0
|
0
|
0
|
9,370
|
27,433
|
27,872
|
22,793
|
|
% Of Deeds e-Recorded
|
0%
|
0%
|
0%
|
0%
|
26.9%
|
66.2%
|
75.2%
|
76.4%
|
|
Total Mortgages Recorded
|
45,439
|
43,305
|
41,980
|
46,031
|
63,141
|
69,256
|
46,364
|
31,962
|
|
% Change In Mortgages
|
+10.7%
|
-4.7%
|
-3.1%
|
9.6%
|
37.2%
|
9.7%
|
-33.0%
|
-31.0%
|
|
Total Release of Mortgages Recorded
|
47,400
|
46,510
|
45,070
|
45,291
|
65,983
|
77,006
|
45,901
|
28,484
|
|
% Change In Release of Mortgages
|
+4.0%
|
-1.9%
|
-3.1%
|
0.5%
|
45.7%
|
16.7%
|
-40.3%
|
-37.9%
|
|
# of Old Documents Digitized
(Filed Before 1997)
|
50
|
38,927
|
62,781
|
58,363
|
63,531
|
52,350
|
75,097
|
33,741
|
Monthly Snapshot
|
November 2024
|
|
|
Total Recorded Documents
|
10,484
|
|
Total Paper Documents Recorded
|
2,390
|
|
Total Electronic Documents Recorded
|
8,092
|
|
Total Deeds Recorded
|
2,152
|
|
Total Mortgages Recorded
|
2,657
|
|
Total Releases of Mortgage Recorded
|
2,388
|
|
Documents Recorded YTD
|
125,362
|