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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dennis is a seller's market

Buyer's
Market

Difference Since October 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

$596,483

$518/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,483(+3.7%)

Key Takeaway

Homes in Dennis have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Dennis was $596,483 in October 2024, up 3.7% from last year, and the median price per square foot was $518.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $262.5K$227K
-13.5%
2 $412.5K$487.5K
+18.2%
3 $630K$675K
+7.1%
4 $754.5K$930K
+23.3%
5+ $1.2M$1.4M
+16.3%

Summary: Dennis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Cities

South Dennis
+21.5%
Yarmouth Port
+13.0%
South Yarmouth
+9.1%
Yarmouth
+7.1%
Dennis
+3.7%

Housing Supply in Dennis, MA

How many homes are available in Dennis, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
95110+15.8%

Summary: The Dennis real estate market had 110 homes for sale in October 2024, a 15.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1515
0.0%
2 2632
+23.1%
3 3641
+13.9%
4 1317
+30.8%
5+ 55
0.0%

Summary: The Dennis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 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. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Dennis in October 2024, up by 61.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 10% were sold at asking, and 48% 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

Oct 2023Oct 2024CHANGE
25 Days54 Days+114.6%

Summary: Homes in Dennis had an average of 54 days on market in Oct 2024, up by 114.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 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.

Summary: During October 2024, 21 homes were sold in Dennis; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Dennis, MA

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