$2,363 Closing Credit*
$199,000
288 SqFt
1 Bed
•1 Full Bath
#73291047, A Cape Life Team, Listing Office: Today Real Estate, Inc.
Is Dennis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Dennis was a Buyer's Market.
Key Takeaway
Dennis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dennis, MA
How much do homes in Dennis, MA cost?
Median Sold Price
$599,633
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$14,633(+2.5%)
Key Takeaway
Homes in Dennis have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Dennis was $599,633 in August 2024, up 2.5% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $215K | -19.6% |
| 2 Bedrooms | $440K | $490K | +11.4% |
| 3 Bedrooms | $640K | $665K | +3.9% |
| 4 Bedrooms | $779K | $930K | +19.4% |
| 5+ Bedrooms | $1.2M | $1.4M | +10.0% |
Summary: Dennis housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| South Dennis | $528K | $675K | +27.8% |
| Yarmouth Port | $590K | $670K | +13.6% |
| Yarmouth | $540.7K | $583.5K | +7.9% |
| South Yarmouth | $555K | $599K | +7.9% |
| Dennis | $585K | $599.6K | +2.5% |
Housing Supply in Dennis, MA
How many homes are available in Dennis, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 79 | 88 | +11.4% |
Summary: The Dennis real estate market had 88 homes for sale in August 2024, a 11.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 20 | +42.9% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Dennis housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 22 | +57.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dennis, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Dennis in August 2024, up by 57.1% month-over-month. Of the 22 sold homes, 55% were sold under asking, 14% were sold at asking, and 32% were sold over asking.
Days on Market for Dennis, MA
How long does it take to sell a home in Dennis, MA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 31 Days | 60 Days | +95.3% |
Summary: Homes in Dennis had an average of 60 days on market in Aug 2024, up by 95.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dennis are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 22 homes were sold in Dennis; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
