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Home Prices:
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The median sale price in Dennis reached $1,327,500, marking a significant 52.6% increase compared to the previous year.
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In Dennis Port, a village within Dennis, the median home price was $560,000, reflecting a 5.6% year-over-year increase.
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Conversely, West Dennis experienced a decline, with the median home price at $542,500, down 20.2% from December 2023.
Market Activity:
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Homes in Dennis sold after an average of 51 days on the market, an increase from 29 days in the same period last year.
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The number of homes sold in December 2024 was 4, up from 3 in December 2023.
Rental Market:
- The median rent in Dennis stood at $2,400, with no significant change from the previous month.
These trends indicate a dynamic real estate market in Dennis property values, with substantial appreciation in certain areas and a slight cooling in others.