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Kensington Home Values and Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 12 months, homes sold for 99.8% of list price in 30 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $896K Sold · $891K
$1.5M$1.2M$900K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 35 sales in Jun. Last month: 20.

Where the market stands

All homes in this report, by status.

302homes
Active57 · 19%
Under contract15 · 5%
Sold (12 mo)230 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1M
Under contract$1.32M
Sold$1.01M

Average days on market

Active59 days
Under contract75 days
Sold30 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 57
Average list price $1,002,155
Avg. days on market 59 days Based on 54 of 57 homes
Avg. price per ft² $398 Based on 56 of 57 homes
Avg. living area 2,698 ft² Based on 56 of 57 homes
Avg. beds / baths 3.9 / 3.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 55 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

3 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

4016 Decatur Ave$787
10212 Montgomery Ave Unit 10$780
10206 Montgomery Ave Unit 15$774
10212 Montgomery Ave Unit 4$735
3105 Fayette Rd$638
5031 Dulcet Dr Unit COLTRANE 92$596
4113 Knowles Ave$584

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3202 Blueford RdKensington, MD 20895 332,672$785,000$2932 days
4301 Brookfield DrKensington, MD 20895 554,610$1,950,000$422—
4517 Saul RdKensington, MD 20895 331,970$960,000$4875 days
3606 Farragut AveKensington, MD 20895 643,712$1,595,000$4291 day
11414 Orleans WayKensington, MD 20895 543,115$950,000$304—
3333 University Blvd W Unit 409Kensington, MD 20895 211,185$225,000$1893 days
4016 Decatur AveKensington, MD 20895 21672$529,000$7873 days
10137 Crestwood RdKensington, MD 20895 542,658$1,299,000$48810 days
5001 Cushing DrKensington, MD 20895 431,706$939,000$55012 days
3929 Kincaid TerKensington, MD 20895 321,490$659,000$4429 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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