Archive for the 'Market Insights' Category

Dennis MA Real Estate Sales Data for July 2014

Monday, August 4th, 2014

Here is the latest neighborhood sales data for the five Villages of Dennis.

 

Neighborhood Sales Activity
  June 30, 2014 through July 31, 2014

 

As Reported by Public Records 
 

15 Ox Bow Way Dennis 358,000 346,000 97
44 Calvin Dr Dennis 548,000 544,000 99
125 Beach St Dennis 799,000 790,000 99
61 Seaside Ave Dennis 1,075,000 1,010,000 94
45 Sea Meadow Dr East Dennis 339,000 347,500 103
335 Airline Rd East Dennis 369,500 360,000 97
27 Golf Course Rd East Dennis 425,000 395,000 93
305 Airline Rd East Dennis 459,900 434,000 94
1746 Main St East Dennis 715,000 675,000 94
58 Sunset Ln West Dennis 189,900 150,000 79
15 Trotters Ln West Dennis 179,000 174,000 97
3 Scott Tyler Rd West Dennis 250,000 250,000 100
15 Terry Rd West Dennis 299,000 285,000 95
203 Trotting Park Rd West Dennis 339,900 330,000 97
15 Cob Way West Dennis 449,500 425,750 95
27 Loring Ave West Dennis 669,000 658,000 98
310 Old Chatham Rd #G4 South Dennis 10,500 10,300 98
310 Old Chatham Rd #A 146 South Dennis 27,000 25,000 93
17 Ashkins Dr South Dennis 199,900 196,000 98
23 Lake Dr South Dennis 219,000 198,000 90
12 Ash Ct South Dennis 219,000 214,000 98
6 Cyprus Rd South Dennis 259,000 255,000 98
43 Cyprus Rd South Dennis 272,000 265,000 97
195 Setucket Rd South Dennis 299,900 282,000 94
53 Thorwald Dr South Dennis 315,000 300,000 95
30 River Dale South South Dennis 339,000 315,000 93
31 Cranberry Ln Dennis Port 209,000 192,000 92
50 Center St Dennis Port 215,000 215,000 100
30 Baxter St Dennis Port 275,000 250,000 91
84 Uncle Rolf Rd Dennis Port 279,800 259,000 93
81 Captain Chase Rd Dennis Port 269,000 260,500 97
9 Capt Berry Ln Dennis Port 289,900 270,000 93
59 Center St Dennis Port 338,000 315,000 93
12 Rogers Way Dennis Port 449,000 375,000 84
8 Longell Rd Dennis Port 575,000 550,000 96

 

Latest Real Estate Sales Data for Dennis, MA

Friday, February 14th, 2014

 

Here is the latest sales data for the five villages of Dennis for the period of 
December 31, 2013 through January 31, 2014. 
Inventory continues to be low and slow sales reflected that fact. It’s an opportune time to put your house on the market before the flood of properties expected to hit in the next month…
Neighborhood Sales Activity
 December 31, 2013 through January 31, 2014

 

As Reported by Public Records 

Address                         Village               List Price            Sales Price        SP%LP

24 Long Hill Rd Dennis 219,000 200,000 91
23 Scargo Heights Rd Dennis 999,000 975,000 98
58 Seaside Ave Dennis 1,380,000 1,250,000 91
46 Capt Walsh East Dennis 235,000 245,000 104
318 Airline Rd East Dennis 257,000 255,000 99
15 Robbin Run East Dennis 339,000 337,000 99
44 GOLF COURSE Rd East Dennis 599,000 549,000 92
11 Coach House Ln South Dennis 184,900 183,500 99
16 Meadowspring Dr South Dennis 249,600 235,000 94
12 Blueberry Ln Dennis Port 209,000 210,000 100
24 Michaels Ave Dennis Port 274,900 255,000 93
9 June TE Dennis Port 309,000 285,000 92

The Lomenzo Edge: Exceptional Insights 

Because real estate is an ever-evolving market, we at Lomenzo Properties 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. This is an example!  Go to our website homepage, click on THE LOMENZO EDGE and see the most recent industry insights.

Peter Lomenzo
Peter@LomenzoProperties.com
(508) 385-4944

Office

Elaine Lomenzo
Elaine@LomenzoProperties.com
(508) 385-4944

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This email was sent to elaine@lomenzoproperties.com by elaine@lomenzoproperties.com |

 

Lomenzo Properties | 623 Main St | Rte. 6A | Dennis | MA | 02638

Will Interest Rates Rise and How Might that Effect You?

Tuesday, October 29th, 2013

Interest rates fell approximately a half a point in the weeks following Ben Bernanke’s announcement in late September that the Fed would continue their pace of bond purchases. This purchasing of bonds has acted as a stimulus package for the housing industry as it has kept mortgage interest rates at historic lows. However, rates over the last few weeks are again inching upward.

There currently is a window of opportunity for you to still get a sub-5% interest rate. This opportunity is expected to disappear in the very near future as most experts expect the Fed to taper the bond purchasers in December.

Even Ben Bernanke, Chairman of the Fed, suggested that the Fed could still scale back the stimulus this year. He stated: “If the data confirms our basic outlook, then we could move later this year.”

Here is an example of how an increase of 1% could impact YOU as a buyer:

October 2013 Slide for Lomenzo Edge

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Dennis, MA Real Estate Sales Data for May through July, 2013

Saturday, August 10th, 2013

After a fast start to the Spring Market, the summer heat has cooled the Summer Market.  YTD sales in Dennis are down 13% while prices are off 2%.  With the reduced inventory and pent up demand, we are expecting a great Fall Market.  Jump in!!

Neighborhood Sales Activity
May  1, 2013 through July 31, 2013
As Reported by Public Records
Address Village List Price Sales Price SP % LP
528 Route 6A Dennis 325,000 275,000 85
19 Mariner Rd Dennis 299,900 299,900 100
59 Mooring Ln Dennis 330,000 310,000 94
27 Apple Ln Dennis 399,900 415,000 104
47 Judith Ann Rd Dennis 459,900 449,000 98
45 Rocky Ridge Dennis 635,000 546,562 86
10 Heegeong Dr Dennis 599,000 570,000 95
118 Robbins Cir Dennis 599,000 575,000 96
7 PATRIOTS Way Dennis 615,000 615,000 100
87 PILGRIM Rd Dennis 649,000 640,000 99
1000 ROUTE 6A Dennis 699,000 695,000 99
15 Rocky Ridge Dennis 729,000 711,000 98
82 Nobscussett Rd Dennis 750,000 712,500 95
112 Whig St Dennis 775,000 715,000 92
50 Horsefoot PA Dennis 895,000 800,000 89
80 Jericho Rd Dennis 3,100,000 2,822,000 91
4 Wing Ln East Dennis 309,000 280,000 91
41 Janall Dr East Dennis 299,000 293,500 98
60 Forest Hills Dr East Dennis 324,000 311,000 96
43 Robbin Run East Dennis 343,900 343,900 100
22 Danvers Ln East Dennis 339,900 350,900 103
89 Forest Hills Dr East Dennis 379,900 370,000 97
48 King James Dr East Dennis 385,000 377,500 98
38 King James Dr East Dennis 409,000 390,000 95
91 Greenland Cir East Dennis 435,000 391,500 90
12 Martin Rd East Dennis 429,000 429,000 100
9 Greenwood Rd East Dennis 464,900 458,500 99
41 Funn Pond Rd East Dennis 479,900 460,000 96
24 Greenland Cir East Dennis 499,000 490,000 98
14 Strawberry Ln East Dennis 505,000 512,201 101
115 South East Dennis 549,000 527,500 96
35 Barque Cir East Dennis 675,000 630,050 93
24 Palmer Ln East Dennis 675,000 632,500 94
244 Sesuit Neck Rd East Dennis 698,000 698,000 100
51 Barque Cir East Dennis 719,000 700,000 97
52 CENTER St East Dennis 750,000 745,000 99
320 Sesuit Neck Rd East Dennis 789,000 789,000 100

Tuesday, February 26th, 2013

February2013-11

 

A really terrific article in Sunday’s Wall Street Journal saying

2013 will be the Year to Buy – check it out!

Real Estate Still a Good Investment?

Wednesday, July 25th, 2012

Every month on our new website, we will provide insights from the top industry sources in a way that is clear and easy to understand.  Go to our website , click on THE LOMENZO EDGE/Learn More to see this month’s market insights on whether Real Estate is still a good investment.

Dennis, MA Real Estate Sales Data for June 15 – July 15, 2012

Friday, July 20th, 2012

Here is the mid-June/mid-July sales data for the five villages of Dennis.

The word is out…It’s time to buy!. With a significant start to the summer season, buyers are scoring with some of the best opportunities since 2008.

If you or someone you know is thinking of buying a home, now is the time!

 

 

Neighborhood Sales Activity
June 15, 2012 through July 15, 2012
As Reported in Public Records
List Price Sale Price % Diff
16 Flax St Dennis 174,900 165,000 94
146 South Yarmouth Rd Dennis 249,900 237,500 95
29 Signal Hill Dr Dennis 399,000 349,000 87
20 King Philip Dr Dennis 399,000 371,500 93
17 Meadow Ln Dennis 799,900 750,000 94
241 Old Wharf Rd Dennis Port 84,900 65,000 77
16 Colony Rd Dennis Port 197,200 185,500 94
23 Bassett Ln Dennis Port 219,000 207,700 95
18 Country Ln Dennis Port 225,000 215,000 96
260 Sea St Dennis Port 229,900 216,000 94
61 Lawrence Rd Dennis Port 234,900 220,000 94
33 Beaten Rd Dennis Port 249,900 223,000 89
15 Colony Rd Dennis Port 289,900 275,000 95
645 Main St Dennis Port 499,900 455,000 91
8 Compass Ln East Dennis 234,800 224,000 95
33 Golf Course Rd East Dennis 379,000 350,000 92
17 Holway Dr East Dennis 359,000 353,000 98
61 Crown Grant Dr East Dennis 399,000 375,000 94
141 Bakers Pond Rd East Dennis 599,000 575,000 96
126 Center St South Dennis 179,000 174,000 97
246 Mayfair Rd South Dennis 219,000 210,000 96
527 Main St South Dennis 250,000 233,750 94
3 Bellgrove Rd South Dennis 294,500 285,000 97
33 Vinland Dr South Dennis 429,900 415,000 97
46 Elliot Dr West Dennis 219,000 211,500 97
6 Old Field Rd West Dennis 374,900 360,000 96
249 Loring Ave West Dennis 750,000 730,000 97

Is this the time to jump into the Cape Cod Real Estate Market?

Thursday, June 14th, 2012

Sales activity in the Cape Cod real estate market has been very brisk this past several weeks.  Well-priced properties are going in multiple offer scenarios, something we haven’t seen in a few years!  So if you’ve been sitting on  the proverbial fence about buying your Cape house, might not be a bad time to jump in.  But don’t take our word for it – here’s what Warren Buffet had to say recently:

 

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Waiting Until Spring to List your Property? Read this…………

Saturday, January 14th, 2012

 

 

Two weeks into the New Year, showing and sales activity in Dennis has been more brisk than we had anticipated.  Could it be the Spring-like temperatures  bringing out the buyers?  Speaking of Spring, one of our favorite industry sources posted this article for those of you who may be waiting until the Spring market to put your Cape Cod property up for sale.  Read it……. then think about listing NOW!

 

 

 

 

 

Elaine

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November-December Sales Data for Dennis, MA Real Estate

Monday, December 19th, 2011

Sales in the five villages of Dennis created a new threshold this month as not one property sold  for an amount over  $600,000.    Further, the majority of sales are in the south side villages of Dennisport, South Dennis, and West Dennis indicating a continuing demand for lower priced properties.

Neighborhood Sales Activity
November 19, 2011 through December 17, 2011
Address List Price Sell Price % Diff
23 Captain Prestons Rd Dennis 325,000 307,000 94
125 Whig St Dennis 529,000 500,000 95
103 Corporation Rd Dennis 639,000 592,000 93
230 Old Wharf Rd Dennis Port 65,000 62,500 96
10 Morris Rd Dennis Port 319,900 300,000 94
11 Carver Rd East Dennis 255,000 240,500 94
52 Funn Pond Rd East Dennis 349,052 316,000 91
318 Airline Rd South Dennis 209,900 185,000 88
24 Alexander Dr South Dennis 199,000 198,000 100
60 Dorothy Way South Dennis 225,000 205,000 91
53 Cedar Ln South Dennis 225,000 225,000 100
34 Holly St South Dennis 234,900 228,000 97
3 Piccadilly Rd South Dennis 264,500 235,000 89
282 Center St South Dennis 299,000 267,000 89
29 Saga Rd South Dennis 279,900 272,000 97
488 Old Chatham Rd South Dennis 425,350 420,500 99
23 Jays Dr South Dennis 469,000 435,000 93
507 Main St South Dennis 495,000 477,000 96
20 Regan Rd West Dennis 259,000 238,000 92
145 School St West Dennis 324,000 293,000 90
20 Surfside Rd West Dennis 499,900 455,000 91
60 Garfield Ln West Dennis 569,000 500,000 88

 

 

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