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 November 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

$675,000

$466/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$102,500(+17.9%)

Key Takeaway

Homes in South Dennis have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in South Dennis was $675,000 in November 2024, up 17.9% from last year, and the median price per square foot was $466.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$172K
-58.0%
2 $485K$525K
+8.2%
3 $604.6K$703K
+16.3%
4 $595K$969K
+62.9%
5+ -$937.5K
N/A

Summary: South Dennis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 62.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Dennis
+17.9%
South Yarmouth
+8.1%
Yarmouth
+5.8%
Dennis
+1.7%
Dennis Port
-0.1%

Housing Supply in South Dennis, MA

How many homes are available in South Dennis, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3626-27.8%

Summary: The South Dennis real estate market had 26 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 99
0.0%
3 178
-52.9%
4 77
0.0%
5+ 11
0.0%

Summary: The South Dennis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 52.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Dennis, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in South Dennis in November 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
47 Days35 Days-26.4%

Summary: Homes in South Dennis had an average of 35 days on market in Nov 2024, down by 26.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 10 homes were sold in South Dennis; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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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