Altos Market Data for Realtors

Kensington, MD

Single-Family Homes

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Kensington, MD

Tue Mar 19 2024
This week the median list price for Kensington, MD is $1,469,450 with the market action index hovering around 66. This is an increase over last month's market action index of 63. Inventory has increased to 8. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Kensington, MD

Tue Mar 19 2024
This week the median list price for Kensington, MD is $1,469,450 with the market action index hovering around 66. This is an increase over last month's market action index of 63. Inventory has increased to 8. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Kensington market.
Median List Price $1,469,450
Median Price of New Listings $1,289,450
Per Square Foot $460
Average Days on Market 39
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 66
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$1,897,000 2,754 6,500 - 8,000 sqft 5 5 37 0 1 122
$1,649,950 3,220 6,500 - 8,000 sqft 5 4.5 0 1 0 10
$1,109,000 2,398 8,000 - 10,000 sqft 4 3.5 75 1 2 3
$462,000 1,372 4,500 - 6,500 sqft 3 1.5 62 0 1 21