Is West Dennis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, West Dennis has remained a Seller's Market.
Key Takeaway
West Dennis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Dennis, MA
How much do homes in West Dennis, MA cost?
Median Sold Price
$680,000
$566/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in West Dennis have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in West Dennis was $680,000 in November 2023, up 6.3% from last year, and the median price per square foot was $566.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $187K | +13.3% |
| 2 Bedrooms | $567.5K | $530K | -6.6% |
| 3 Bedrooms | $677.5K | $694K | +2.4% |
| 4 Bedrooms | $1.6M | $825K | -48.4% |
| 5+ Bedrooms | $900K | $1.5M | +74.7% |
Summary: West Dennis housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 48.4%, and 5+ bedroom homes increased by 74.7%.
Median Sold Price Compared To Nearby Cities
| South Dennis | $510K | $572.5K | +12.3% |
| Dennis | $550K | $585K | +6.4% |
| West Dennis | $640K | $680K | +6.3% |
| South Yarmouth | $530K | $550K | +3.8% |
| Dennis Port | $477K | $435K | -8.8% |
Housing Supply in West Dennis, MA
How many homes are available in West Dennis, MA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The West Dennis real estate market had 12 homes for sale in November 2023, a 25.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Dennis housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Dennis, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in West Dennis in November 2023, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 5 Days | 51 Days | +871.3% |
Summary: Homes in West Dennis had an average of 51 days on market in Nov 2023, up by 871.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 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 November 2023, 5 homes were sold in West Dennis; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
