Is Dennis, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dennis is a buyer's market

Buyer's
Market

Difference Since April 2021

At the same time last year, Dennis was a Seller's Market.

Key Takeaway

Dennis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Dennis, MA cost?

Median Sold Price

$500,166

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$124,500(+33.1%)

Key Takeaway

Homes in Dennis have sold for 33.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $160K$160K
0.0%
2 $290K$407.5K
+40.5%
3 $427.5K$550K
+28.6%
4 $614K$812.5K
+32.3%
5+ $730K$1.2M
+71.2%

Median Sold Price Compared To Nearby Cities

South Dennis
+34.8%
Dennis
+33.1%
South Yarmouth
+28.1%
Yarmouth
+17.6%
Yarmouth Port
+14.9%

How many homes are available in Dennis, MA?

Number of Homes For Sale

Mar 2022Apr 2022%
6485+32.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 88
0.0%
2 1724
+41.2%
3 2129
+38.1%
4 1115
+36.4%
5+ 79
+28.6%

Number of Homes Sold

Mar 2022Apr 2022%
1712-29.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dennis, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
39 Days42 Days+7.2%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dennis are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dennis, MA

Number of homes for sale in Dennis, MA real estate market have reached 85. In April 2022 in Dennis, MA there were 32.8% more homes for sale than in March 2022. The median list price of listings available in April 2022 was $500,166, while the average time on the real estate market was 42 days. This housing market listing prices have changed between March 2022 and April 2022: the cost of 1 bedroom properties have not changed, prices of 2 bedrooms properties went up by 40.5%, the cost of 3 bedrooms properties went up by 28.6%, 4 bedrooms properties prices increased by 32.3%, prices of 5 bedrooms properties went up by 71.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 41.2%, volume of 3 bedrooms homes went up by 38.1%, the quantity of 4 bedrooms homes went up by 36.4%, the quantity of 5 bedrooms homes went up by 28.6%. In April 2022 more than 6 listings in Dennis, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below.

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