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Kensington Market Statistics November 2015 Through October 2016
The charts below give you a good overview of the performance of the Kensington real estate market over the past 12 months.
The chart below shows the average sales price by property type.
The chart below shows the average number of days on the market for each type of home sold.
The chart below shows the number of closed sales for each property type.
The chart below shows the monthly number of closed detached home sales, new pending sales, new detached home listings and average number of detached homes listed.
Months of Supply is how long it would take for all of the homes listed for sale at one time to sell at the current rate of sales with no new homes being listed.
Charles Chapman has more than 20 years' experience in the Montgomery County real estate market. He has been a full-time agent through rising markets and good times, and also through falling markets an....