Is Dennis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dennis has remained a Seller'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
$575,000
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dennis have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Dennis was $575,000 in March 2024, up 0.9% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.4K | $262.5K | +15.4% |
| 2 Bedrooms | $448K | $492.5K | +9.9% |
| 3 Bedrooms | $625K | $662.5K | +6.0% |
| 4 Bedrooms | $859K | $825K | -4.0% |
| 5+ Bedrooms | $899.9K | $975K | +8.3% |
Summary: Dennis housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
| South Dennis | $526K | $625.4K | +18.9% |
| Yarmouth | $522K | $575K | +10.1% |
| South Yarmouth | $540K | $589.4K | +9.2% |
| Yarmouth Port | $579K | $630K | +8.8% |
| Dennis | $570K | $575K | +0.9% |
Housing Supply in Dennis, MA
How many homes are available in Dennis, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 83 | -2.4% |
Summary: The Dennis real estate market had 83 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Dennis housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dennis, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Dennis in March 2024, up by 16.7% month-over-month. Of the 21 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 41 Days | +31.3% |
Summary: Homes in Dennis had an average of 41 days on market in Mar 2024, up by 31.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 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 March 2024, 21 homes were sold in Dennis; 71% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
