Is West Dennis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Dennis was a Seller's Market.
Key Takeaway
West Dennis is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in West Dennis, MA
How much do homes in West Dennis, MA cost?
Median Sold Price
$632,000
$559/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Dennis have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in West Dennis was $632,000 in April 2024, down 8.4% from last year, and the median price per square foot was $559.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181.9K | $170K | -6.6% |
| 2 Bedrooms | $567.5K | $530K | -6.6% |
| 3 Bedrooms | $705K | $680K | -3.5% |
| 4 Bedrooms | $859K | $1.5M | +78.4% |
| 5+ Bedrooms | $775K | $1.4M | +83.2% |
Summary: West Dennis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 78.4%, and 5+ bedroom homes increased by 83.2%.
Median Sold Price Compared To Nearby Cities
| South Dennis | $526K | $632.9K | +20.3% |
| South Yarmouth | $545K | $610K | +11.9% |
| Dennis Port | $481K | $510K | +6.0% |
| Dennis | $575K | $597K | +3.8% |
| West Dennis | $690K | $632K | -8.4% |
Housing Supply in West Dennis, MA
How many homes are available in West Dennis, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The West Dennis real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The West Dennis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Dennis, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Dennis in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Dennis, MA
How long does it take to sell a home in West Dennis, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 77 Days | +185.2% |
Summary: Homes in West Dennis had an average of 77 days on market in Apr 2024, up by 185.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Dennis are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in West Dennis; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
