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      The Lomenzo Edge: Exceptional Insights

      This is one element of what we call The Lomenzo Edge....

      Because real estate is an ever-evolving market, we at Lomenzo & Lomenzo at oldCape Sotheby's International Realty have “plugged in” to top industry leaders who provide us with the most current real estate data available. We then interpret that information for you in a way that provides clarity from confusion. Here’s an example:

      Year to Date Sales

      Compare this data to the sales statistics from 2016:

      • Sale prices were driven by the lower end of the market in 2016; the average prices by village are as follows:

      Dennis

      $585,000

      East Dennis

      $539,000

      South Dennis

      $315,000

      West Dennis

      $473,000

      Dennis Port

      $258,000

                                     The average price of sale for the Town was $409,000.

      • 61% of sales under $350,000 indicate a low barrier of entry to median home market; 70% of those sales occurred in South Dennis and Dennis Port, a product of the smaller homes constructed in those villages.
      • Opportunities abound in the higher end of the market, which is marked by homes valued anywhere above $708,000; only 9% of this year's sales were considered "high end" purchases.

      Negotiating leverage in a unique and valuable market such as this requires deep insight...which we at Lomenzo & Lomenzo continue to expand with each changing year.