Blog :: 09-2011

August - September Sales Data For Dennis, MA Real Estate

Here is the latest sales data for the five villages of Dennis.    As prices decline over 11% year-to-date, sales volume remains flat as compared to 2010.  However, as you see, the majority of properties are selling below $500,000.  Buyer preferences continue to drive the market.  Even given these facts, fall activity at Lomenzo Properties is brisk!
Neighborhood Sales Activity
August 18, 2011 through September 18, 2011
Address List Price Sell Price % Diff
35 Ox Bow Way Dennis 339,000 300,000 89
65 Robbins Cir Dennis 439,900 392,500 89
62 Packet Dr Dennis 595,000 550,000 92
55 Bain Rd Dennis Port 169,000 153,000 91
19 Myrtle Rd Dennis Port 248,310 227,500 92
39 Capt Chase Rd Dennis Port 274,900 260,000 95
111 Cornell Dr Dennis Port 279,900 279,000 100
8 Clipper Ln Dennis Port 299,900 290,000 97
70 Uncle Rolf Dennis Port 335,000 321,000 96
26 Ocean Dr Dennis Port 399,000 375,000 94
59 Braddock Cir East Dennis 300,000 287,500 96
33 Sea Meadow Dr East Dennis 425,000 415,000 98
154 Forest Hills Dr East Dennis 499,000 499,000 100
132 Bakers Pond Rd East Dennis 599,000 550,000 92
39 Hickory Ln South Dennis 184,900 174,000 94
19 Pheasant Ln South Dennis 249,900 230,000 92
3 Country Cir South Dennis 249,900 240,000 96
140 Trotting Park Road West Dennis 199,900 200,000 100
40 Tower Rd West Dennis 289,000 277,000 96
16 Brooksweld Ln West Dennis 424,900 405,000 95
28 Garfield Ln West Dennis 550,000 476,305 87



5 Reasons to Sell Your Home in the Fall Market!

Check out this article  from one of our trusted industry sources.  Think about putting your Cape house on the market this fall instead of waiting until the Spring or longer.   Makes perfect sense to us.........

by The KCM Crew on September 6, 2011 · 14 comments

We are often asked "Is it time to sell my home?" The answer to that question is based on what your families' goals are. If you don't need or want to move for a few years it might make sense to wait for the housing industry to recover and prices to appreciate. However, if you wish to move within the next six to eighteen months, it is probably better to sell sooner rather than later. Here are five reasons why:

Your House Will Get More Exposure Now Than the Winter

Housing sales usually level off in the summer and then regain momentum in September and October. The spring buyers' market has passed. Don't miss the early fall market. It has consistently outperformed the winter season.

Distressed Properties Will Impact Prices

Distressed properties (foreclosures and short sales) on the market will increase this fall and winter. This will put tremendous downward pressure on prices for at least the next 12-18 months. Get your home sold before they become your competition.

Mortgages Will Become More Difficult to Attain

Lending standards are continuing to tighten. There is legislation currently being considered that will make it even harder for buyers to qualify. Less demand will equate to lower prices.

It is the Perfect Time to Move-Up

With prices where they are and interest rates at all time lows, there may have never been a better time to move-up into your dream home. If you move into a more desirable home now, you will be in position to gain larger equity as prices eventually appreciate.

You Get to Move On with Your Life

Probably the most important reason to sell is so you can get on with your life. You are considering selling for a reason. Do not allow a less-than-stellar housing market prevent you from reaching your goals as an individual or as a family. Think about the reasons you are thinking about moving. Are these reasons really important to you? If you have to take less than you were originally hoping to get for your house, your family has a question to ask each other: Is the dollar difference in sales price worth putting off our plans? Only you and your family know the answer to that question.




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