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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Dennis is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, South Dennis has remained a Seller's Market.

Key Takeaway

South Dennis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Dennis, MA

How much do homes in South Dennis, MA cost?

Median Sold Price

$692,500

$464/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$122,500(+21.5%)

Key Takeaway

Homes in South Dennis have sold for 21.5% more than they did a year ago.

Summary: The median home sold price in South Dennis was $692,500 in October 2024, up 21.5% from last year, and the median price per square foot was $464.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $410K$172K
-58.0%
2 $485K$495K
+2.1%
3 $599K$711K
+18.7%
4 $595K$1.0M
+79.6%
5+ -$937.5K
N/A

Summary: South Dennis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 79.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dennis Port
+32.4%
South Dennis
+21.5%
South Yarmouth
+9.1%
Yarmouth
+7.1%
Dennis
+3.7%

Housing Supply in South Dennis, MA

How many homes are available in South Dennis, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2733+22.2%

Summary: The South Dennis real estate market had 33 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 58
+60.0%
3 1416
+14.3%
4 67
+16.7%
5+ 00
0.0%

Summary: The South 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 60%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Dennis, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in South Dennis in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% 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

Oct 2023Oct 2024CHANGE
18 Days68 Days+276.1%

Summary: Homes in South Dennis had an average of 68 days on market in Oct 2024, up by 276.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Dennis are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in South Dennis; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in South Dennis, MA

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