Kensington Annual Real Estate Trends

Kensington
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $737,572 $702,038 64 30 103.4%      
2013 $909,841 $825,000 67 23 105.5% 23.4% 17.5% 4.7%
2014 $926,295 $794,500 72 25 108.8% 1.8% -3.7% 7.5%
2015 $1,045,488 $950,168 69 18 113.7% 12.9% 19.6% -4.2%
2016 $1,087,806 $975,000 49 19 114.6% 4.0% 2.6% -29.0%
2017 $1,172,529 $1,126,000 70 21 117.0% 7.8% 15.5% 42.9%
2018 $1,213,039 $1,172,500 56 23 112.4% 3.5% 4.1% -20.0%
2019 $1,295,516 $1,277,500 64 21 112.7% 6.8% 9.0% 14.3%
2020 $1,322,223 $1,253,500 66 18 112.6% 2.1% -1.9% 3.1%
2021 $1,598,800 $1,565,000 91 15 124.6% 20.9% 24.9% 37.9%
2022 $1,685,234 $1,650,000 61 17 124.5% 5.4% 5.4% -33.0%
2023 $1,563,822 $1,500,000 57 17 118.2% -7.2% -9.1% -6.6%
2024 $1,581,404 $1,525,000 47 19 113.8% 1.1% 1.7% -17.5%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

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