Is South 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, South Dennis was a Seller's Market.
Key Takeaway
South 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 South Dennis, MA
How much do homes in South Dennis, MA cost?
Median Sold Price
$632,944
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Dennis have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in South Dennis was $632,944 in April 2024, up 20.3% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | - | N/A |
| 2 Bedrooms | $443K | $500K | +12.9% |
| 3 Bedrooms | $550K | $675K | +22.7% |
| 4 Bedrooms | $650K | $775K | +19.2% |
| 5+ Bedrooms | $951.5K | $975K | +2.5% |
Summary: South Dennis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| South Dennis | $526K | $632.9K | +20.3% |
| South Yarmouth | $545K | $610K | +11.9% |
| Yarmouth | $530K | $577K | +8.9% |
| Dennis Port | $481K | $510K | +6.0% |
| Dennis | $575K | $597K | +3.8% |
Housing Supply in South Dennis, MA
How many homes are available in South Dennis, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The South Dennis real estate market had 20 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Dennis, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in South Dennis in April 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for South Dennis, MA
How long does it take to sell a home in South Dennis, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 26 Days | +90.4% |
Summary: Homes in South Dennis had an average of 26 days on market in Apr 2024, up by 90.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Dennis are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in South Dennis; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
