Is Dennis Port, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2022
Since last year, Dennis Port has remained a Seller's Market.
Key Takeaway
Dennis Port is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Dennis Port, MA cost?
Median Sold Price
$392,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2022
Key Takeaway
Homes in Dennis Port have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Dennis Port was $392,000 in September 2023, down 18.3% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $265K | +24.7% |
| 2 Bedrooms | $385K | $329.5K | -14.4% |
| 3 Bedrooms | $625K | $605K | -3.2% |
| 4 Bedrooms | $700K | $720K | +2.9% |
| 5+ Bedrooms | $760K | $699.9K | -7.9% |
Summary: Dennis Port housing prices by bedroom type for September 2023 compared to the previous year: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
| West Harwich | $712.5K | $920K | +29.1% |
| Harwich Port | $740K | $800K | +8.1% |
| West Dennis | $630K | $680K | +7.9% |
| South Dennis | $526.5K | $540K | +2.6% |
| Dennis Port | $480K | $392K | -18.3% |
Housing Supply
How many homes are available in Dennis Port, MA?
Number of Homes For Sale
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 32 | 41 | +28.1% |
Summary: The Dennis Port real estate market had 41 homes for sale in September 2023, a 28.1% increase compared to August 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 11 | 17 | +54.5% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Dennis Port housing inventory by bedroom type for September 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 1 | 9 | +800.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dennis Port, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Dennis Port in September 2023, up by 800.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market
How long does it take to sell a home in Dennis Port, MA?
Average Sale Time
| Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|
| 25 Days | 41 Days | +67.6% |
Summary: Homes in Dennis Port had an average of 41 days on market in Sep 2023, up by 67.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dennis Port are selling fast, if you're buying plan to act quickly.
Summary: During September 2023, 9 homes were sold in Dennis Port; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
