Altos Market Data for Realtors

Kensington, MD

Single-Family Homes

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Kensington, MD

Mon Jul 06 2020
This week the median list price for Kensington, MD is $914,000 with the market action index hovering around 69. This is an increase over last month's market action index of 65. Inventory has held steady at or around 14. Click here to stay informed with the Kensington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Kensington, MD

Mon Jul 06 2020
This week the median list price for Kensington, MD is $914,000 with the market action index hovering around 69. This is an increase over last month's market action index of 65. Inventory has held steady at or around 14. Click here to stay informed with the Kensington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Kensington market.
Median List Price $914,000
Per Square Foot $272
Days on Market 71
Price Decreased 29%
Price Increased 7%
Relisted 0%
Inventory 14
Median Rent $2,800
Most Expensive $1,950,000
Least Expensive $535,000
Market Action 69
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,895,000 6,609 0.25 - 0.5 acre 5 5 0 0 0 39
$1,289,000 4,655 6,500 - 8,000 sqft 5 4 0 1 1 35
$824,500 3,558 0.25 - 0.5 acre 3 2 63 0 2 180
$554,500 1,840 6,500 - 8,000 sqft 4 2 64 2 1 12